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.
NORDIC BUSINESS REPORT-31 October 2003-AP Moller-Maersk and CSX settle price dispute over Sealand deal - report(C)1994-2003 M2 COMMUNICATIONS LTD http://www.
The relation between the futures and its realized future cash or settle price is examined for all combinations of futures prices (15, 30, 45, and 60 days to maturity) and realized cash or settle prices (FD, MD, and LD deliveries).
The regression results are based on simple regression using delivery date cash and settle prices as dependent variables in separate regressions and the futures settle price with a fixed pre-delivery maturity as the independent variable.
The independent variable is the fixed maturity futures price represented by S15FDGO, in which S means that the futures price is a settle price and 15, FD, and GO are as before.
Treasury bond 2) The Chicago Board of Trade settle price of the futures contract on the ten year U.
After having dropped at one point to below $1,200 in recent weeks, gold has pushed back to $1,240 an ounce and the "rally looks quite likely to settle prices at around $1,315 by end December," according to Abdul Salam K.
It was in this hall that the iron market was held on Tuesdays and Fridays to settle prices for iron, steel and other materials that were being produced on Teesside.
In the long run, supply and demand will play their role to settle prices -- inflation is a global phenomenon.