Settle price

Settle price

An average of the trading prices in the futures market during the last few minutes of trading.

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.
References in periodicals archive ?
The average cap rata for Manhattan hotels is 6 to 8% at the settle price, making the building's pricing especially attractive," commented the pair.
Product Quantity and Settle Price Hedge of Basis Differential Natural gas 115,000 MMBtu per day with Mid-Continent -- 20,000 a minimum price of $7.
Treasury bond 2) The Chicago Board of Trade settle price of the futures contract on the ten year U.
Table A- 2006 Equity Gas and NGL Hedges Product Quantity and Settle Price Hedge of Basis Differential Natural gas 40,000 MMBtu per day with a Mid-Continent - 40,000 minimum price of $6.
Table A - 2005 Equity Gas and NGL Hedges Hedge of Basis Product Quantity and Settle Price Differential Natural gas 80,000 MMBtu per day with a Mid-Continent - minimum price of $4.
Product Quantity and NYMEX Settle Price Hedge of Basis Differential Natural 40,000 MMBtu per day with a Mid-Continent -- 40,000 Gas minimum price of $4.
However, Nicor Solutions doesn't tell consumers that the settle price has exceeded 70 cents per therm only two months in the history of the gas market -- January of 2001 and March of 2003.
Product Quantity and Hedge of Basis Settle Price Differential Natural gas 70,000 MMBtu per Mid-Continent - 55,000 day with a minimum MMBtu per day with price of $4.
Product Quantity and Settle Price Hedge of Basis Differential Natural gas 80,000 MMbtu per day with Mid-Continent -- an average minimum and 40,000 MMbtu maximum price of per day with an average $3.