abhishreshthaa
Abhijeet S
Settlements – Final Settlement
The Settlement done for Open Buy and Sell positions on the Contract Expiry Date is called Final Settlement
Settlements – Final Settlement
Who is responsible for Final Settlement of trades?
The responsibility of settlement is on a Trading cum Clearing Member (TCM) for all trades done on his own account and his clients’ trades
A Professional Clearing Member is responsible for settling all the Participant trades which he has confirmed to the Exchange
On confirmation by the PCM , the Participant trades get transferred from the TCM to the PCM
How is the Contract settled on Expiry?
A contract is settled at the Final Settlement Price on the Date of Expiry
The Final Settlement Price is the price of the commodity in the underlying spot markets
The Settlement done for Open Buy and Sell positions on the Contract Expiry Date is called Final Settlement
Settlements – Final Settlement
Who is responsible for Final Settlement of trades?
The responsibility of settlement is on a Trading cum Clearing Member (TCM) for all trades done on his own account and his clients’ trades
A Professional Clearing Member is responsible for settling all the Participant trades which he has confirmed to the Exchange
On confirmation by the PCM , the Participant trades get transferred from the TCM to the PCM
How is the Contract settled on Expiry?
A contract is settled at the Final Settlement Price on the Date of Expiry
The Final Settlement Price is the price of the commodity in the underlying spot markets