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GlossaryPricing & settlement

Settlement price

The final quote used to determine whether the contract condition was met.

Settlement price glossary definition visual
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Do not confuse

Common comparison error

A rounded Settlement price display cannot resolve equality when stored precision and Barrier breach differ.

Practical use

How to verify Settlement price

Read Settlement price together with At-the-money settlement rule, Barrier breach, Expiry-only observation. The comparison must preserve the exact rule, value, state, and evidence described below.

A neutral example

A broker candle and external chart disagree on Settlement price: one uses midpoint and another last trade. Matching instrument and price type explains At the money settlement rule. The operative detail for Settlement price is concrete: the final stored quote, side, source, precision, and timestamp decide whether the condition was met.

Evidence path

Where to verify Settlement price

Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.

Order ticket and contract historyPreserve the displayed quote source, entry value, strike or barrier, cutoff, final value, timestamp, and correction status.
CFTC customer protection materialUse regulator material to separate a displayed return from probability, authorization, and account safety.Open source