Final Settlement Price definition

Final Settlement Price means the price for each Contract supplied by the Exchange to the Clearing House as the final Settlement Price for the Expiry as specified in the Contract Specifications.

Final Settlement Price means the Settlement Price calculated in accordance with the best information available to the Parties during the one hundred twenty (120) day period after Closing, as reflected on the Final Statement agreed upon pursuant to Article XIII.

Final Settlement Price means the official closing price of a Contract calculated for each expiration day, as determined in accordance with Rule 906 and used for all open positions at the close of such day.

Examples of Final Settlement Price in a sentence

• If an Early Expiration Event is deemed to have occurred, the Product Formula used to determine the Early Settlement Price equals a predetermined value.Unless the Product has been previously exercised or cancelled, the Product Formula used to determine the Final Settlement Price in respect of this Product depends on the realisation of one among two possible scenarios.

• Closing prices shall be converted from local currency to U.S. dollars based on the spot exchange rate provided by Reuters at 4:00 pm London time on the day of the Final Settlement Price calculation.

• All closing prices will be converted from local currency to U.S. Dollars based on the spot exchange rate provided by Reuters at 4:00 pm London time on the day of Final Settlement Price calculation.

• Where the Final Settlement Price prescribed is otherwise not available pursuant to Clause 3.2, the Exchange and the Clearing House may decide that the Final Settlement Price shall be determined by an alternative means in accordance with Rule 4.1.20 of the Trading Rules.

• The decision of the Exchange and the Clearing House with respect to the determination of the Final Settlement Price by this alternate means shall be binding on all parties holding an open position in the Contract at termination of trading.

More Definitions of Final Settlement Price

Final Settlement Price means, subject to adjustment and/or correction as provided in paragraph 3, 4 and 5 of this Part C below and subject as provided in the definition of "ETC Valuation Date" above, the exercise-settlement value (being the CBOE S&P 500 Index Settlement Value) published by the ETC Exchange which is used to determine the official settlement price (however described under the rules of the ETC Exchange or its clearing house) of the Exchange-traded Contract on the ETC Valuation Date, as determined by the Calculation Agent.

Final Settlement Price means (i) the SX5E Final Settlement Price and (ii) the SPX Final Settlement Price (as applicable).

Final Settlement Price means (i) if Averaging is specified as not applicable in the applicable Final Terms, the Settlement Price on the relevant FI Valuation Date or (ii) if Averaging is specified as applicable in the applicable Final Terms, the arithmetic average of the Settlement Prices for all Averaging Dates;

Final Settlement Price means the price determined on the last Trading Day to determine payment obligation upon the Contract Performance.

Final Settlement Price means the price per Unit which the Seller would receive on the Settlement Date in accordance with the agreement between the parties if the Commodity were to be physically delivered.

Final Settlement Price. – means the settlement price determined by the Exchange as being the official opening level of the Eligible Dividend Index on the day following the last day of trading, multiplied by the appropriate Multiplier.

Final Settlement Price means, in respect of any Share-Linked Derivatives Contract and any relevant day, the final official settlement price of such Share-Linked Derivatives Contract (howsoever described under the rules of the relevant Derivatives Exchange or its clearing house) for such day published by such Derivatives Exchange or its clearing house, divided by the number of units of underlying share to which such Share-Linked Derivatives Contract relates, as determined by theCalculation Agent.