Futures Settlement Price definition

Futures Settlement Price means the price which we use in order to close a Future ST on the Futures Settlement Date as defined under settlement details in the Market Information Sheets;
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Futures Settlement Price means, in respect of a Futures and an Index Calculation Date, the sum of (a) the Underlying Settlement Level on such Index Calculation Date and (b) the Basis TWAP on the immediately preceding Index Calculation Date minus any decrease in the level of the Underlying Index due to dividends paid on the component stocks of the Underlying Index. Because the Basis reflects the borrowing costs, the dividend payout and the time remaining to settlement, the calculation in part (b) is designed to approximate the Basis on an Index Calculation Date prior to the start of the TWAP Period by deducting any dividend payout on such Index Calculation Date from the Basis TWAP on the immediately preceding Index Calculation Date.
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Examples of Futures Settlement Price in a sentence

  • The term " LIBOR Transition Futures Settlement Price" means the settlement price in respect of a Set of Three Month Sterling LIBOR Contracts or Three Month EuroSwiss Contracts (as applicable) for close of business on the Market on the day of the LIBOR Settlement Time, as determined by the Clearing House in accordance with Rule 2404(b)(i) in relation to Three Month Sterling LIBOR Contracts and in accordance with Rule 2404(b)(ii) in relation to Three Month EuroSwiss Contracts.

  • Unrealized gains and losses resulting from the translation to the U.S. dollar presentation currency have been included in other comprehensive income.8. Reconciliation of the statement of cash flows from Canadian GAAP to IFRS The transition from Canadian GAAP to IFRS did not materially change the underlying cash flows of the Company with the exception that the Company no longer consolidates the operating results of Transmeta as described in 2 above.

  • FPD1_S i , t Lead Futures Settlement Price in U.S. dollars for Index Commodity i, on day t.

  • Kirkpatrick Office of the SecretariatCommodity Futures Trading Commission Three Lafayette Centre1155 21st Street, NW Washington, DC 20581 Re: Amendments to Licensing Rules 26.03 and 26.04 - Ruble Dollar Futures Settlement Price - Pursuant to Commission Regulation 40.6(a)Dear Mr. Kirkpatrick: Pursuant to Commodity Futures Trading Commission Regulation 40.6(a), ICE Futures U.S., Inc.

  • FPD2_S i , t Next Futures Settlement Price in U.S. dollars for Index Commodity i, on day t.

  • No paít or tkis doc"mc⭲t maQ bc discloscd i⭲ a⭲Q ma⭲⭲cí to a «APPENDIX B Bitnomial Exchange, LLCHashrate Futures Settlement Price Methodology The Hashrate Futures Settlement Price Methodology, described in the document herein, is calculated by Bitnomial Exchange, LLC (the “Exchange”) for the purpose of futures contract final settlement.

  • To make short positions indifferent to delivering different coupon-maturity grades, CBOT computes the conversion factor for each deliverable Treasury and applies it in computing the invoice price: [Futures Settlement Price X Conversion Factor] + Accrued Coupons.

  • In particular, the “Principal Invoice Amount” paid from long to short upon delivery may be identified as the Futures Settlement Price multiplied by the Conversion Factor (CF) multiplied by $1,000 (to reflect the $100,000 face value futures contract size).

  • LOS 44: Hedging Interest Rate Risk using Bond Futures Profit of seller of futures= (Futures Settlement Price x Conversion factor) – Quoted Spot Price of Deliverable BondLoss of Seller of futures= Quoted Spot Price of deliverable bond – (Futures Settlement Price x Conversion factor) An interest rate future is a contract between the buyer and seller agreeing to the future delivery of any interest-bearing asset.

Related to Futures Settlement Price

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • 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.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Net Share Settlement On each Settlement Date, Issuer shall deliver to Dealer a number of Shares equal to the Number of Shares to be Delivered for such Settlement Date to the account specified by Dealer and pay cash to Dealer in lieu of any fractional shares valued at the Relevant Price on the Valuation Date corresponding to such Settlement Date. Number of Shares to be Delivered: In respect of any Exercise Date, subject to the last sentence of Section 9.5 of the Equity Definitions, the product of (i) the number of Warrants exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii)(A) the excess, if any, of the VWAP Price on the Valuation Date occurring on such Exercise Date over the Strike Price, divided by (B) such VWAP Price. The Number of Shares to be Delivered shall be delivered by Issuer to Dealer no later than 4:00 P.M. (local time in New York City) on the relevant Settlement Date.

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Share Settlement means a number of shares of Class A Common Stock (together with any Corresponding Rights) equal to the number of Redeemed Units.

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Operating Agreement, section 3.3. PJM Tariff, Xxxxxx, O.A.T.T., OATT or PJM Open Access Transmission Tariff: “PJM Tariff,” “Tariff,” “O.A.T.T.,” “OATT,” or “PJM Open Access Transmission Tariff” shall mean that certain PJM Open Access Transmission Tariff, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter. Plan:

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • securities settlement system means a securities settlement system (as defined in the CSD Regulation) operated by a central securities depository;

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour. Day-ahead System Energy Price:

  • Purchase Contract Settlement Date means ________________________, ____.]

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Cash Settlement Averaging Period means, with respect to a Security that is tendered for conversion in accordance with this Article X, the twenty (20) consecutive Trading-Day period that begins on, and includes, the third (3rd) Trading Day after the Conversion Date for such Security; provided, however, that if such Conversion Date is on or after the twenty third (23rd) scheduled Trading Day prior to the Maturity Date, then the Cash Settlement Averaging Period with respect to such conversion shall be the twenty (20) consecutive Trading-Day period that begins on and includes the twentieth (20th) scheduled Trading Day prior to the Maturity Date.

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • Mandatory Settlement Date means the earliest of: