Expiry and settlement

osho67

Well-known member
Messages
407
Likes
3
UK options will expire today at 10.30. For options on FTSE futures what will be the settlement price? Will it be the price of futures at 10.30 or price at 16.30 when options close or at 17.30 when futures close on FTSE.

I have tried to read the document on EuronextLiffe but could not be sure. Can somebody say it in simple English . Thanks, much appreciated
 
osho67 said:
UK options will expire today at 10.30. For options on FTSE futures what will be the settlement price? Will it be the price of futures at 10.30 or price at 16.30 when options close or at 17.30 when futures close on FTSE.

I have tried to read the document on EuronextLiffe but could not be sure. Can somebody say it in simple English . Thanks, much appreciated
The EDSP for FTSE 100 Options will be generated by an auction of the FTSE 100 Index components which takes place at 10.15am today (third Friday). The settlement price is usually announced within an hour of the auction.
 
Top