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#finance #steiner-mastering-financial-calculations-3ed
Settlement price On the last day of trading - usually the third Monday of the month - NYSE LIFFE declares an exchange delivery settlement price (EDSP) which is the closing price at which any contracts still outstanding will be automatically reversed. The EDSP is 100 minus the official 3-month EURIBOR fixing at 11:00 a.m. Brussels time
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owner: piotr.wasik - (no access) - Mastering Financial Calculations 3ed (Steiner), p107


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