settlement price

Settlement price

A figure determined by the closing range that is used to calculate gains and losses in futures market accounts. Settlement prices are used to determine gains, losses, margin calls, and invoice prices for deliveries. Related: Closing range.

Settlement Price

In futures, the average price at which a futures contract trades on a given day. It is calculated by taking the average of the opening price and the closing price on that day. The settlement price helps a broker determine whether a client's margin account needs to be called, if the price changes too much, and the client holds the contract in question.

settlement price

In futures trading, an official price established at the end of each trading day by using the range of closing prices for a particular contract. This price, similar to the closing price for stock, is used to determine margin requirements and the following day's price limits.
References in periodicals archive ?
The nominal settlement price, under the termination agreement, reflects the acknowledgement by 64Bit Ltd of its mismanagement of the joint venture operations, including a wrongful allocation of the partnership's resources, mainly during the start-up phase.
The settlement price reflects 64Bit's acknowledgement of its mismanagement of the joint venture, including the wrong allocation of the joint venture's resources, particularly during the start-up phase.
Brent crude futures were at $ 58.40 a barrel by 6 am GMT, down 13 cents, or 0.2 percent, from the previous settlement price. U.S.
In the first half of 2019, the Companys average on-grid electricity settlement price for its power plants within China amounted to RMB419.51 per MWh, representing an increase of 0.22% over the same period last year.
There was no settlement price on Thursday because of the Independence Day holiday in the United States.
The settlement price of DME Oman is established in a regulated, highly liquid and transparent five-minute window by up to 100 participants each day.
The daily settlement price will be the volume-weighted average price of trades transacted within the final minute of the previous regular trading session.
Further, SMARTS will also surveil activity across the Gemini auction process that is used to determine the settlement price for the Bitcoin XBT futures contracts that trade on Cboe's CFE Exchange.
On the basis of auction result, the settlement price and calculated accrued interest will be paid to the banks or non-bank financial institutions by crediting the current accounts maintained with Bangladesh Bank.
The Cambodia Securities Exchange (CSX) has decided to increase its daily limit on share price fluctuations, raising the maximum advance or decline from the previous day's settlement price in an effort to allow investors more room for determining trading prices, according to a recent CSX announcement.
By 0739 GMT, global benchmark crude hit $ 60.75 a barrel, up 13 cents, or 0.2 %, from the previous settlement price. Brent climbed nearly 37 percent since hitting its lowest level in June 2017.
Natural gas futures for November delivery fell 4.3 cents, or 1.55 percent, to $2.731 a million British thermal units on the New York Mercantile Exchange--its lowest settlement price since early September.