settlementprice
Settlement price is an official price used by futures and options markets to determine the value of positions at the end of each trading day and to settle contracts at expiration. It serves as the reference for marking positions to market, calculating daily gains and losses, and triggering margin changes.
The exact method for calculating the settlement price varies by exchange and contract. Common approaches include
Settlement price is used for several key purposes. It determines daily mark-to-market settlements, thereby affecting margin
Due to variations in calculation rules, traders and risk managers should consult the specific contract specifications