Advertising

Last trading day

• The final day under an exchange's rules during which trading may take place in a particular futures or options contract. Contracts outstanding at the end of the last trading day must be settled by delivery of underlying physical commodities or financial instruments, or by agreement for monetary settlement depending upon futures contract specifications.

• Is the final day of trading for a specific futures, options, or other derivative contract.

 
 Embedded terms in definition
 Contract
Delivery
Derivative
Futures contract
Futures
Instruments
Options contract
Options
Settlement
Take
Trading
Underlying
 
 Related Terms
 

<< Last split Law of large numbers >>

Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

Don't worry about the world coming to an end today. It's already tomorrow in Australia. - Charles Schultz

Advertising



Copyright 2009-2018 GVC. All rights reserved.