Expiry Day means , 2022;
Expiry Day means the thirty-first day a March, 1947;
Examples of Expiry Day in a sentence
On the Expiry Day, the Clearing House uses the average of the quotations of the index prices taken at five-minute intervals over the trading day to determine the Settlement Price (referred to as the “Official Settlement Price”) of the index.
Stock index options are automatically exercised by the Clearing House on Expiry Day.
Although the European style means that an option can only be exercised on the Expiry Day, option positions can be opened or closed on any trading day.
Investors who sell options short, also known as option writers, receive the option premium but are liable for paying the intrinsic value if the options are exercised on Expiry Day.
On Expiry Day, the Official Settlement Price is used as the index level.
More Definitions of Expiry Day
Expiry Day means the date on which Expiry occurs;
Expiry Day means the last or only Business Day, as the case may be, on which an option can be traded or exercised and shall, subject to section 901 of the Rules of the Exchange, be described in the applicable Contract Specifications;“Extreme Conditions”means the occurrence of “extreme conditions” as announced by any government authority of Hong Kong due to serious disruption of public transport services, extensive flooding, major landslides, large- scale power outage or any other adverse conditions before Typhoon Signal No. 8 or above is replaced with Typhoon Signal No. 3 or below;“Failure to Pay Notice”means a written notification provided by an HKCC Participant to the Clearing House pursuant to Rule 545 upon the failure by the Clearing House to make, when due, any payment to an HKCC Participant (other than a Defaulter) under an open Contract;“Final Settlement Day”means, in relation to a Contract, the day specified in the applicable Contract Specifications as the Final Settlement Day for the settlement of such Contract;“Financial Resources Rules”bears the same meaning as in the Exchange Rules;“Former HKCC Participant”means, at any time, a person who was an HKCC Participant but whose participantship had been terminated prior to such time;“Futures/Options Contract” or “F/O Contract”bears the same meaning as in the Exchange Rules;“Futures Contract” or “future”bears the same meaning as in the Exchange Rules;“Gainer VA Flow Adjustment(t)”means the Gainer VA Flow Adjustment Base Currency (t) converted into the Settlement Currency of the relevant Currency VA Payment at the exchange rate determined by the Clearing House on Business Day t;
Expiry Day means the day of the fifth anniversary of the day on which this Act receives the Royal Assent.
Expiry Day means [MONTH DATE YEAR];
Expiry Day means the last or only Business Day on which an option can be traded or exercised and is, subject to Rule 901, described in the applicable Contract Specifications;
Expiry Day means [●];
Expiry Day means May 4, 2018;