Opening Contract Value definition

Opening Contract Value. Means in respect of any Transaction, the Contract Quantity multiplied by the Opening Price.
Opening Contract Value. Means in respect of any Transaction, the Contract Quantity multiplied by the Opening Price. Means any long or short position or Trade that has not been closed or expired. Means in respect of any Transaction, the price of the Reference Asset specified in an Order acceptance of which gives rise to that Transaction.
Opening Contract Value means the initial Co ntract Value if the Co ntract is o pened during the Trading Day, o r o therwise the Co ntract Value at the mo st recent Daily Settlement Price;