Spot month definition

Spot month means the futures con- tract next to expire during that period of time beginning at the close of trad- ing on the trading day preceding the first day on which delivery notices can be issued to the clearing organization of a contract market.
Sample 1Sample 2Sample 3
Spot month. - means the futures contract next to expire during that period of time beginning 4:00 p.m. Central Time, on the trading day preceding the first day on which a Tender Notice can be issued to the Clearinghouse.
Sample 1

Examples of Spot month in a sentence

  • Spot month position limits and single and all-month accountability levels have been set consistent with other futures products referencing the relevant PJM price hubs.

  • Spot month position limits and single and all-month accountability levels have been set consistent with other futures products referencing the ISONE Massachusetts price hub and positions held in the daily product will be aggregated with the monthly ISO New England Massachusetts Hub Real-Time Off-Peak Fixed Price Future provided for herein.

  • Spot month position limits and single and all-month accountability levels have been set consistent with other futures products referencing the ISONE Massachusetts price hub and positions held in the new product will be aggregated with the existing monthly ISO New England Massachusetts Hub Day-Ahead Peak Fixed Price Future.

  • Spot month position limits and single and all- month accountability levels have been set consistent with other futures products referencing the ISONE Massachusetts price hub.

  • Spot month position limits for the new NYISO Lower Hudson Valley Capacity contract is set at 700 contracts.

  • Spot month contracts should therefore refer to the contract that is the next contract in that commodity derivative to mature.

  • Spot- month limits should be adopted for signifi- cant price discovery contracts to minimize the susceptibility of the market to manipu- lation or price distortions, including squeez- es and corners or other abusive trading prac- tices.

  • Spot month is the next calendar month which is available to trade.

  • Spot month position limits and single and all-month accountability levels have been set consistent with other futures contracts referencing the relevant ERCOT price hubs.

  • Spot month position limits for the new Massachusetts SREC II futures are being set at 2,000 contracts.

Related to Spot month

  • Contract Month means a calendar month (or portion thereof) during the term of this Agreement. Contract Month 1 shall commence on the first day of the first calendar month following the Effective Date and end on the last day of that calendar month.

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Billing Month is defined in Section 9.1(b).

  • Proration Month means the month for which capacity is to be allocated under Item 7.

  • Month means calendar month.

  • Reference Month means the calendar month for which the level of the Inflation Index is reported as specified in the applicable Final Terms, regardless of when this information is published or announced, except that if the period for which the Relevant Level was reported is a period other than a month, the Reference Month shall be the period for which the Relevant Level is reported.

  • Remittance Period means, (i) as to the Initial Payment Date, the period beginning on the Closing Date and ending on, and including, the Determination Date immediately preceding such Payment Date and (ii) as to any subsequent Payment Date, the period beginning on the first day after the most recently ended Remittance Period and ending on, and including, the Determination Date immediately preceding such Payment Date, or, with respect to the final Remittance Period, the Collection Date.

  • Semi-Annual Period means each of: the period beginning on and including January 1 and ending on and including June 30; and the period beginning on and including July 1 and ending on and including December 31.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Half Year means the period of six months commencing on the first day of April or October of a financial year;

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Fiscal Month means any fiscal month of the Borrower.

  • Service credit month means a full service credit month or an

  • Forecast Period means the period of three calendar months for which a Forecast is provided;

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Calendar Month means calendar month according to the Gregorian calendar.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • A month means a month according to Gregorian calendar.

  • Net Monthly Excess Cashflow With respect to each Distribution Date, the sum of (a) any Overcollateralization Release Amount for such Distribution Date and (b) the excess of (x) Available Funds for such Distribution Date over (y) the sum for such Distribution Date of (A) the Monthly Interest Distributable Amounts for the Class A Certificates and the Mezzanine Certificates, (B) the Unpaid Interest Shortfall Amounts for the Class A Certificates and (C) the Principal Remittance Amount.

  • average consumption means the average consumption of a customer of a municipal service during a specific period, and is calculated by dividing the total measured consumption of that municipal service by that customer over the preceding three months by three;