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Finance Dictionary and Glossary of Investment Terms
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.
The closing range of prices after a trading session, used to calculate gains and losses, margin calls, and invoice prices for deliveries in futures market accounts.
The average price at which a contract trades, calculated for both the open and the close of each trading day.