A daily Closing Price that is used by an exchange clearing house to value accounts between its members. For example, a settlement price might be used to determine the margin required for the account of a forex futures trader that contains open positions, as well as if a margin call is required.
Browse by Subjects
See All Related Terms »
money at call and short notice
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):