Daily Settlement Price definition

Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

Daily Settlement Price or “Settlement Price” means the official daily closing price for a Contract calculated each Business Day, as determined in accordance with Rule 906, and used for all open positions at the close of the daily settlement cycle.

Daily Settlement Price means, with respect to a security future, the settle- ment price of such security future de- termined at the close of trading each day, under the rules of the applicable exchange, clearing agency, or deriva- tives clearing organization.

Examples of Daily Settlement Price in a sentence

• DSP: Daily Settlement Price of the session prior to the “adjustment date”.

• In the event that there are no orders that meet the MOV, the MBAOS and the MPORA criteria, the calculation of the Daily Settlement Price, based on the above methodology, considers only term (a) which is related to the trades using coefficient 1 (100%).

• Trading in the LB5 Contract shall be subject to the following price limits of 7% Limit (most recent Daily Settlement Price less 7%) 13% Limit (most recent Daily Settlement Price less 13%) 20% Limit (most recent Daily Settlement Price less 20%).

• Trading in the B5 Contract shall be subject to the following price limits of 7% Limit (most recent Daily Settlement Price less 7%) 13% Limit (most recent Daily Settlement Price less 13%) 20% Limit (most recent Daily Settlement Price less 20%).

• Trading in the TEC Contract shall be subject to the following price limits of 7% Limit (most recent Daily Settlement Price less 7%) 13% Limit (most recent Daily Settlement Price less 13%) 20% Limit (most recent Daily Settlement Price less 20%).

More Definitions of Daily Settlement Price

Daily Settlement Price means the Fair Value price of a Futures Contract determined by the Exchange used for margining purposes;

Daily Settlement Price means the end of day Fair Value used for margining purposes;

Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF.

Daily Settlement Price means the daily closing price determined in accordance with the Contract Terms;

Daily Settlement Price means the price calculated by NZX for one Lot that underlies a Contract for a particular Contract Month in accordance with Contract Term 7.

Daily Settlement Price means the price of a Contract as may be determined by the Clearing House for the purposes of settlement to market in accordance with the rules of the Clearing House;

Daily Settlement Price means, withrespect to a security future, the settlement price of such security future determined at the close of trading each day, under the rules of the applicable exchange, clearing agency, or derivatives clearing organization.