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Settle Price |
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Settle price Settle Price 1. The last price for an option or futures transaction on a derivatives exchange in a given trading day. It is calculated by averaging the last bid and offer, the final sale price, and a weighted average of the transaction prices over the last few minutes of trading. Clearing houses use the settle price to determine whether or not margin accounts and other accounts are current. It is also called a settlement price. 2. See: Closing price. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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