Notional Value

Notional Value

1. In an interest rate swap, see notional principal amount.

2. The total value of the spot price of the underlying asset in a derivative contract.
References in periodicals archive ?
The exchange recorded its highest-ever daily volume on 5th August, 2019, trading over 220,000 contracts, with a notional value of $3.86 billion.
The stock market's rally meant CME Group's benchmark S&P 500 index futures contract "had grown quite large in terms of notional value and was beginning to soar out of reach for many prospective traders," CME researchers wrote in a 2012 report.
(Gross monitory value is calculated based on final billed value is the Credential Certificate (CC) multiplied by inflationary factor completed within the preceding five FYs of similar in nature, of Gross notional Value not be less than 30% of the amount put to tender of the work for which the bidder chooses to participate in this NIT.
Phase five of the rules would mean that institutions with derivatives with a notional value of more than [euro]8bn (PS7.1bn) would have to comply with the new tougher regulations.
His firm's strategist estimates that indexer demand will be 16,746,467 shares, or 420.6% of Altice USA's average daily volume for a notional value of $390M.
As of March 31, 2019, NISA managed USD 199 billion in physical assets and USD 128 billion in derivative notional value in separate account overlay portfolios.
According to Forbes 2018 ranking, the Mistry family is the fourth richest in the country with a wealth over USD 18.7 billion, most of which is the notional value of their stake in the Tata group.
On the same day, the Exchange's overall volume touched 185,630 contracts worth $4.17 billion, its second highest daily notional value since inception.
On the same day, the Exchange's overall volume touched 185,630 contracts worth USD 4.17 billion, its second highest daily notional value since inception.
A total of PS5 million of the UK Government's offering is a "notional value" for MOD Forthside land.
If the notional value is much higher than the current price of the share, I would take a closer look, taking into account the cost of transferring the share, as well as how much it costs to maintain the share.
In the first half of 2017, over 237,000 worthless counterfeit banknotes with a notional value of over PS4.88m were removed from the UK's streets, it said.