Official Settlement Price definition

Official Settlement Price means, in relation to an Exchange-traded Contract, the official settlement price (however described under the rules of the relevant exchange or its clearing house) on maturity of that Exchange-traded Contract.

Official Settlement Price means the cash settlement price published by the ASX for that Futures Expiry Date, being the ASX Opening Price Index Calculation (also known as the “Special Opening Quotation”) calculated in accordance with its standard rules.

Official Settlement Price means, in respect of any Observation Date, the official settlement price (however described under the rules of the Reference Related Exchange) of futures or options on the Reference Index on the Reference Related Exchange which expire on that Observation Date; and

Examples of Official Settlement Price in a sentence

• The Clearing House will then automatically exercise all call options with strike prices below the Official Settlement Price and all put options with strike price above the Official Settlement Price.

• On Expiry Day, the Official Settlement Price is used as the index level.

• All the Option Contracts which are Cash Settled Contracts traded on HKATS are settled by cash at the Official Settlement Price on the Expiry Day as determined in accordance with the Contract Specifications.

• It is published shortly after the close of each day‟s trading at 18:00 hours UK local time.The Emissions Index is calculated as follows:Sum (Trade Volume multiplied by Trade Price) for each contract month divided by Total Daily Volume (minus EFP, EFS, Settlement and Contra Volume)In the absence of a minimum of 20 lots being traded in a contract month, the price will be determined by reference to the Official Settlement Price for the contract month.

• The Official Settlement Price will be communicated to the Clearing House forthwith and will become the Exchange Official Settlement Price thirty minutes thereafter.

More Definitions of Official Settlement Price

Official Settlement Price means the prices determined by the Exchange in accordance with Trading

Official Settlement Price means in respect of an Exchange-Traded Contract and any day, the official settlement price (howsoever described under the rules of the relevant exchange or its clearing house) of any of the relevant Exchange-Traded Contracts published by the exchange or its clearing house.

Official Settlement Price means the official settlement price (however described under the rules of the Listed Contract Exchange) of the Exchange-traded Contract.

Official Settlement Price means the official settlement price (however described under the rules of the relevant Exchange or its clearing house) of the Exchange-Traded Contract published by the Exchange or its clearing house.

Official Settlement Price means the official settlement price (howsoever described under the rules of the relevant Futures or Options Exchange or its clearing house) of the relevant Exchange-traded Contract published by the relevant Futures or Options Exchange or its clearing house and as determined by the Calculation Agent.

Official Settlement Price means, subject to adjustment in accordance with paragraph 4, 5, 6 and 7 of this Part C below, the official settlement price (howsoever described under the rules of the ETC Exchange) of the Exchange Traded Contract, as published by the ETC Exchange or its clearing house on Bloomberg Page VGZ8 <Index>, as determined by the Calculation Agent. The scheduled date of publication of such official final settlement price of the Exchange Traded Contract is 20 December 2019 (such date being the “ETC Final Valuation Date”).

Official Settlement Price. – means the final and conclusive settlement price for each contract/option for a Trading Day.