Futures Close definition

Futures Close or “Futures Close(t)” means in respect of any date(t), the sum of the SPX Level and the Futures Basis TWAP.
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Futures Close means, in respect of a Futures and an Index Calculation Date, the sum of (i) the Underlying Close on such Index Calculation Date and (ii) the Basis TWAP in respect of such Futures and such Index Calculation Date. The Futures Close is the hypothetical “closing” price for the relevant Futures.
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Futures Close means, in respect of a Futures and an Index Calculation Date, the sum of (i) the Cash Close in respect of such Index Calculation Date and (ii) the Basis TWAP in respect of such Futures and such Index Calculation Date.
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Related to Futures Close

  • Futures Contract Option means an option with respect to a Futures Contract.

  • Futures Contract means a Financial Futures Contract and/or Stock Index Futures Contracts.

  • Futures Exchange means the exchange or trading system with the highest trading volume of options or futures contracts relating to the Share. If options or futures contracts on the Share are not traded on any exchange, the Futures Exchange shall be the options or futures exchange with the highest amount of options or futures contracts relating to shares of companies having their residence in the country in which the Company has its residence. If there is no options or futures exchange in the country in which the Company has its residence on which options or futures contracts on shares are traded, the Calculation Agent will determine the Futures Exchange in its reasonable discretion (billiges Ermessen) (§ 317 BGB) and will make notification thereof in accordance with § 6 of the General Terms.

  • Financial Futures Contract means the firm commitment to buy or sell fixed income securities including, without limitation, U.S. Treasury Bills, U.S. Treasury Notes, U.S. Treasury Bonds, domestic bank certificates of deposit, and Eurodollar certificates of deposit, during a specified month at an agreed upon price.

  • Commodity Futures Trading Commission means the independent regulatory agency established by congress to administer the Commodity Exchange Act.