Examples of Closing Range in a sentence
Midpoint of the Closing Range: In products that use this procedure, the first trade and all subsequent trades, higher bids and lower offers that are quoted during the established closing time period will be included in the closing range.
Fonterra, to act in good faith toward Farmers and potential Farmers, was required to set its Opening Prices and Closing Range by reference to its actual considered estimate of the likely monthly prices and full-year closing price for the 2015 Season, assessed by reference to the Four Variables and not by reference to Fonterra’s short-term competitive position as against Murray Goulburn.
Fonterra’s senior management knew or ought reasonably to have known that Fonterra had not taken any or any adequate step to draw to Farmers’ attention the specific likelihood of a Price Decrease, alternatively a Price Decrease of more than 10% below Closing Range, before the end of the 2015 Season.
Volume-Weighted Average Price (VWAP) of the Closing Range: In products that use this procedure, all outright trades that occur during the defined closing time period are utilized to calculate the VWAP for specified contract months and the VWAP will be the settlement price.
Midpoint of Closing Range: In Contracts that use this procedure, the first trade and all subsequent trades, higher bids and lower offers that are quoted during the established closing time periods for a particular Contract will be included in the closing range.
Lo.2.2 Following Market Close, the Exchange will declare Closing Prices, which will be determined by the UTP, in the manner described in Trading Procedure 2.2.2, during the last thirty seconds of trading (known as the Closing Range).
The Settlement Price for each Trading Day of a Contract Month (including the last Trading Day of such Contract Month) which is the current Contract Month shall be the average weighted price ("AWP") of all outright transactions in that Contract Month which occurs during the Closing Range rounded to the nearest minimum fluctuation.
In general, environmental policies are disadvantageous for agents who do not share “green preferences” underlying these policies but yet have to bear part of their cost.
Members shall identify on their Trading Cards all trades executed during the Open and Closing Ranges by marking a line across the card below all transactions executed during the Open and above all transactions executed during the Closing Range.
At the Closing, Range will assign the Seismic to LJM by the execution of a Seismic Data Assignment in the form attached hereto as Exhibit C (the “Seismic Assignment”), subject to the reservations set forth in this paragraph and in the Seismic Assignment.