Futures Contract Price definition
Futures Contract Price means the last price at which the Futures Contract traded during the trading hours on the Exchange, meaning the most recent price on which a buyer and seller agreed and at which some amount of the Futures Contract was transacted via the Exchange.
Examples of Futures Contract Price in a sentence
Any price modifications will be indexed and based upon the "one year" Futures Contract Price as reported by Johnson Matthey on any day between *, at Buyers selection, of each contract year.