Daily Cash Settlement definition

Daily Cash Settlement means the process of cash settlement effected for a Futures Contract on each Trading Day during its Lifetime in accordance with the Rules for that Contract;
View Source

Examples of Daily Cash Settlement in a sentence

  • Aggregate Net Share Number: As of any date, the aggregate sum, for all Unwind Dates in the relevant Unwind Period occurring on or prior to such date, of the quotient (rounded to the nearest whole number) obtained by dividing (x) the Daily Cash Settlement Amount for such Unwind Date by (y) the Settlement Price for such Unwind Date.

  • Forward Cash Settlement Amount: The aggregate sum, for all Unwind Dates in the relevant Unwind Period, of the Daily Cash Settlement Amounts.

  • Daily Cash Settlement One Bank Day after the Trade Day/ calculation of Daily Settlement Price for cash movements of Daily Settlement Amounts.

  • NOK 0.0 - NOK 9.99 NOK 0.01 NOK 1 NOK 10.0 - NOK 49.95 NOK 0.05 NOK 5 NOK 50.0 - NOK 149.90 NOK 0.10 NOK 10 NOK 150.0 - NOK 999.75 NOK 0.25 NOK 25 NOK 1000.0 - NOK ∞ NOK 0.50 NOK 50 Settlement style Physical Settlement by Delivery of the Underlying Stock on Expiration with Daily Cash Settlement throughout the lifetime of the Contract.

  • Type of Contract Physically settled Future Contracts with Daily Cash Settlement.