Delivery Option - A feature added to future contracts predetermining the short position of timing, quantity, location and quality of any commodity reflected in the delivery notice.
Delivery versus payment or DVP is a common form of settlement for securities. The process involves the simultaneous delivery of all documents necessary to give effect to a transfer of securities in exchange for the receipt of the stipulated payment amount.
Delivery requirements and locations
ASX grain futures are deliverable in up-country locations of approved bulk handlers. With the exception of WA wheat where transfer of virtual entitlement can occur at Kwinana Terminal, ports are not acceptable delivery locations.
Date by which a seller must fulfill the obligations of a forward or futures contract.
The tender and receipt of the underlying commodity or the payment or receipt of cash in the settlement of an open futures contract.
News On Delivery ...
The date of maturity of the contract, when the final settlement of transaction is made by exchanging the currencies.
This date is more commonly known as the value date.
The specified month within which a futures contract matures and can be settled by ~ or the specified month in which the ~ period begins.
RELATED TERMS ...
The settlement of a transaction by receipt or tender of a financial instrument or currency.
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Cash ~ in the Forex market is the same day settlement of a trade.Once a trade has been closed, the settlement on the trade will execute right away.
The provision of some futures contracts that requires not ~ of Underlying assets but Settlement according to the Cash value of the asset. ...
Spot ~ Contract
The ~ of the securities and the payment for the securities is done within the same day as the date of the contract or the next business day.
Physical ~ in derivatives markets refers to settlement by receiving or sending the underlying assets - stock certificates, head of cattle - to the holder at the contract's maturation date rather than send the cash equivalent (cash settlement).
What is the definition of Physical ~?
When a seller gives the actual underlying asset to a buyer, a physical ~ is said to have occurred.
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Replevin (Sequestration, Claim and ~)
Replevin is similar to attachment, in that property is levied for the creditor's benefit until a judgment is rendered, but whereas any nonexempt property can be attached, ...
Prior to ~ day, they inform customers who have open long positions that they must either close out the position or prepare to take ~ and pay the full value of the underlying contract.
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The process of satisfying an equity call assignment or an equity put exercise. In either case, stock is delivered. For futures, the process of transferring the physical commodity from the seller of the futures contract to the buyer.
~ month For physically settled futures contracts, the month during which ~ occurs.
~ price The price to be paid under a forward contract.
delta The Greek factor sensitivities measuring a portfolio's first order (linear) sensitivity to the value of an underlier.
~ -- ~ generally refers to the change of ownership or control of a commodity under specific terms and procedures established by the Exchange upon which the contract is traded.
Receipt of actual commodity or financial instrument or in the case of currency, the profit or losses credited or debited from a trading account, in settlement of a currency/financial contract.
~ Risk ...
~ Notice: The written notice given by the seller of his intention to make ~ against an open short futures position on a particular date.
~ Balance Order (DBO)
An order issued by the clearing corporation to any firm that has ~ or sale position remaining after the day's trades are netted.
A centralized location for keeping securities on deposit.
~ Based Trading : When a share is bought or sold for the purpose of receiving or effecting deliveries.
Dematerialisation : Process of converting a security from physical form to electronic form ...
~ Versus Payment - DVP
A securities industry procedure in which the buyer's payment for securities is due at the time of ~. Security ~ and payment are simultaneous.
Depositary Receipt ...
The tender and receipt of an actual commodity or financial instrument, or cash in settlement of a futures contract.
Exercise Or Strike Price ...
~ versus receipt The simultaneous ~ of stock in exchange for a receipt. See also ~ VERSUS PAYMENT.
Denver Stock Exchange A regional exchange located in Denver, Colorado. Closed in 1936.
The date of maturity of the contract, when the exchange of the currencies is made; this date is more commonly known as the value date in the FX or Money markets.
~ Risk ...
~ - An FX trade where both sides make and take actual ~ of the currencies traded.
Depreciation - A fall in the value of a currency due to market forces.
Securities sellers must deliver the certificates on or before the third business day after the sale. Delayed ~ refers to a transaction in which there is a clear understanding that ~ of the securities involved will be delayed beyond this three day period.
~ Risk - A term to describe when a counterparty will not be able to complete his side of the deal, although willing to do so.
Depreciation - A fall in the value of a currency due to market forces rather than due to official action.
~ Commitment, Buyer's - The written notice given by the buyer of his intention to take ~ against a long futures position on ~ day.
~ Adjusted Fair Quoted Futures Price
~ - The handing over of the assets outlined in the terms of a futures contract.
~ Date - The date the deliverable stocks are to be handed over in accordance with the terms of a futures contract.
~ Month - The month in which a futures contract expires.
~ Versus Payment
The acronym for DVP (~ versus payment), or transactions in which there is simultaneous transfer of cash and securities following the trade. A basic feature of automated clearing and settlement, DVP reduces risk significantly: today fewer than 0.
~ Day - The third day in the ~ process at the Chicago Board of Trade, when the buyer's clearing firm presents the ~ notice with a certified check for the amount due at the office of the seller's clearing firm.
~ dateSearch for Term
The date on which forward or futures contract for sale falls due.
~ priceSearch for Term ...
The physical movement from seller to buyer of the underlying asset on which the derivative is based.
The change in the monetary value of an instrument for a one basis point change in the price of that instrument.
~: The tender and receipt of the actual commodity, the cash value of the commodity, or of a ~ instrument covering the commodity (e.g., warehouse receipts or shipping certificates), used to settle a futures contract. See Notice of ~.
~ - Satisfaction of the obligation under an option contract, consisting of the purchase of shares under terms of a call or the sale of shares under terms of a put.
~ versus payment: A type of settlement, commonly used by bank trust departments, in which the security is paid for when the broker/dealer has it deliverable in the purchaser's name. Also referred to as DVP or COD.
In futures contracts, the ~ point is the place where the ...
year actual ~ Where Both Sides transfer possession of currencies traded.
The ~ Date.
A futures contract is referred to by its ~ month specified by the exchange. It can be or a date or a month depending on the nature of the underlying asset.
On top of these major characteristics, some other rules are generally fixed: ...
Antithesis of good ~.
Title to property that does not distinctly confer ownership, usually in the context of real estate.
A spread in which the long and short legs are in two different but generally related commodity markets. Also called an intermarket spread. See also: Spread
Calls are given in real time through Yahoo Messenger as they are traded. No SMS communication is done because of reliability factors. Entry and exit of calls are fully guided.
Good ~ - Securities delivered to the broker from the seller that are properly endorsed and in proper order to be delivered to the buyer.
Good ~ - Certain basic qualifications must be met before a security sold on the Exchange may be delivered. The security must be in proper form to comply with the contract of sale and to transfer title to the purchaser.
Take ~ - To fulfill the obligation of buying stocks when put options that you sold becomes exercised.
Technical Analysis - The method of predicting future stock price movements based on observation of historical stock price movements.
Cash ~ - settling against an agreed reference rate such as the closing value of a stock index, or of an interest index such as LIBOR / SIBOR.
Comex ~ failure: In the first three months of the year, stocks of gold held at Comex warehouses plunged by the largest figure ever on record during a single quarter.
Taking ~ of a Commodity
In many cases, the buyer of a contract never takes physical ~ of the commodity. Typically, the buyer and seller liquidate their holdings before the contract expiration date.
Bad ~ Cell
A ~ of shares turns out to be bad if there is a company objection on account of signature difference, or if shares are fake, forged or stolen etc.
The ~ of a new issue by the issuer to the original purchaser, upon payment of the purchase price. Also called "original ~."
initial offering price ...
~-type futures contracts stipulate the specifications of the commodity to be delivered (such as 5,000 bushels of grain, 40,000 pounds of livestock, or 100 troy ounces of gold). Foreign currency futures provide for ~ of a specified number of marks, francs, yen, pounds or pesos. U.S.
The date on which the commodity or instrument of ~ must be delivered to fulfill the terms of a contract.
~ Instrument ...
The point in time that signifies the end of the trade date. The trade date of any contract entered into after the daily cut-off shall be the next business day. The daily cut-off will occur at 5:00 p.m. Eastern time (2:00 p.m. Pacific time).
~ date: ...
The date on which ~ of the underlying goods of a Futures contract will take place. For speculative investing in Futures, the contract future position must be closed on or before this date.
~ date Normally refers to an exchange transaction contracted for settlement on the day the deal is struck. This term is mainly used in the North American markets and those countries which rely for foreign exchange services on these markets because of time zone preference i.e. Latin America.
The process of meeting the terms of a written option contract when notification of assignment has been received. In the case of a short equity call, the writer must deliver stock and in return receives cash for the stock sold.
~ Versus Payment (DVP) - Settlement of security transactions used by institutional customers. Certificates are delivered to a bank designated by the customer whereupon the bank makes payment on ~.
Depository - A central location for keeping securities on deposit.
Date by which a seller must fulfill the obligations of a forward or futures contract.
The written notice given by the seller of its intention to make ~ against an open, short futures position on a particular date. Related: Notice day.
Last, ~ of goods and services to the end user is extremely important to the profit model. A company may produce excellent products, but if the buyers cannot receive and make use of the goods, the entire effort is wasted.
March-~ gasoline declined 0.35 cent to $2.8212 a gallon, after touching $2.785 before the report. Trading volume was 12 percent above the 100-day average.
Saturday ~ is very important to many Netflix users. Imagine how many users would cancel when USPS stops Saturday ~.
The fate of Netflix on TMFDeej & his inability to find a little time to watch some movies. Yeah, the $10 monthly charge is quite burdensome, ...
A set of ~ instruction (DI) slips will be give to you from the DP. This is almost similar to he cheque book you get when you open your bank account. A DI slip has to be filled and sent to the DP on every ~ (sale of shares) you make.
On a derivative's expiry, repayment is by means of ~ of the underlying asset.
A standard option (call or put) devoid of special conditions.
The nearest ~ month on a futures contract.
The current market price of the actual physical commodity. Also called cash price.
"If you take ~ of it, what are you going to do? Are you going to have it as a paperweight on your desk? Are you going to have a home safe? What are you actually going to do with this once you've got it," Guffey says. "People need to think that through."
Access to, or ~ of a copy of, the Options Disclosure Document must accompany this worksheet.
Out-of-the-Money Bear Put Spread
Example: The CBOE Volatility Index (VIX) is at 48.00 on weaker stock markets. VIX was trading under 40 less than 1 week ago.
Related: Defined benefit plan ~The tender and receipt of an actual commodity or financial instrument in settlement of a futures contract.
Nearby ~ Month The futures contract month closest to expiration. Also referred to as the Spot Month. Net asset value (NAV) The price of each share of a mutual fund.
~ Date The day in the month that commodities on a futures contract have to be delivered. ~ Month The month in which commodities on a futures contract have to be delivered. See Active ~ Month.
~ Date The day a commodity futures contract must be delivered.
Delta The ratio of change in the price of a derivative with the price of the asset.
Delta Hedging A strategy using a portfolio of options that are not sensitive to the changes in the price of an underlying asset.
recent years due to their emergence as significant commodities consumers and producers. The biggest commodities markets are New York Mercantile Exchange in USA, Tokyo Commodity Exchange in Japan, NYSE Euronext in EU, Dalian Commodity Exchange in China, Multi Commodity Exchange in India.
When a physical ~ uncovered/ naked call is assigned an exercise, the writer will have to purchase the underlying asset to meet his call obligation and his loss will be the excess of the purchase price over the exercise price of the call reduced by the premium received for writing the call.
When it comes to ~ then you do have lots of choices. These days you can get a technical analysis course on the internet, on DVDs, in books or even at seminars. Seminars are good because you can really see the practical application.
To get quicker ~ of shares into your account
Investors/clients can get direct ~ of shares in their beneficiary accounts.
To ensure this, you have to give details of your beneficiary account and the DP-identity of your depository participant to your broker.
The date for the ~ of bonds and payment of funds agreed to in a transaction.
Money set aside by an issuer of bonds on a regular basis, for the specific purpose of redeeming debt. Bonds with such a feature are known as 'sinkers.' ...
You agree that non-~ of your order does not constitute sufficient grounds for cancellation of said order, or for dispute of the charges for said order or any products therein.
[CFTC] abandonment The act of refusing ~ of a shipment so badly damaged in transit that it is worthless; OR damage to a vessel that is so severe that it is considered a constructive total loss.
With underlying oil risk and averaging over a long period, delta hedging an Asian Option may require hedging in oil futures contracts with several different ~ dates. Comment: Rarely, the expression, Asian Option, may indicate an Average Strike Option (q.v.).
Cash commodity: Actual quantities of a commodity, as distinguished from futures contracts; goods available for immediate ~ or ~ within a specified period following sale; or a commodity bought or sold with an agreement for ~ at a specified future date.
Commission (or Round Turn) The one-time fee charged by a broker to a customer when a futures or options on futures position is liquidated either by offset or ~.
CFTC CFTC - The Commodity Futures Trading Commission as created by the Commodity Futures Trading Commission Act of 1974.
Related: Term bonds Settlement date Also called the ~ date, the designated date at which the parties to a futures contract must transact. Settlement Price A figure determined by the closing range which is used to calculate gains and losses in futures market accounts.
(See clearance, prompt receipt and ~ of securities) settlement date (T+3)
The date specified for ~ of securities between securities firms, usually three business days after the execution of an order. (See prompt receipt and ~ of securities) shareholder of record ...
Cash ~ : Same day settlement.
Cash Market : The market in the actual financial instrument on which a fu...
CBOE : Chicago Board Options Exchange.
CBOT : Chicago Board of Trade.
CBOT or CBT : Chicago Board of Trade.
CBT : See CBOT.
CCI : See Commodity Channel Index.
The ~ mechanism is usually cash settlement. Stop and Reverse (SAR) A stop that, when hit, is a signal to reverse the current trading position, i.e., from long to short. Also known as reversal stop .
Back Months Futures ~ months other than front month. Bear One who expects a decline in prices.. A news item is considered bearish if it is expected to result in lower prices. Bear Market A market in which prices generally are declining over a period of months or years.
delayed ~ (investment & finance)
delayed opening (investment & finance)
delayed settlement (investment & finance)
deleted (investment & finance)
deleveraging (investment & finance)
delist (investment & finance)
deliver (investment & finance)
deliverable (investment & finance) ...
You register the offering exclusively in one or more states that require a publicly filed registration statement and ~ of a substantive disclosure document to investors; ...
A Spot Trade in Forex is a purchase or sale of a foreign currency in the Spot Market at the Spot Rate for immediate ~ or ~ "on the spot", as opposed to a date in the future. Spot contracts are typically cleared and settled electronically.
To take account of this delay in the date of shipment and the date of ~ and payment, bankers acceptances were devised. A banker's acceptance, like a cheque, can be used as a type of money.
Futures are contracts to make or accept ~ of a given commodity on a given date at a prearranged price. Futures are traded on all sorts of things, including corn, pork bellies, and Treasury securities.
Consider a forward price for ~ shortly after a harvest of an agricultural product. Prior to the harvest, the spot price may be high, reflecting depleted supplies of the product, but the forward price will not be high.
In May 2009, the SEC approved the "access equals ~" system for primary market disclosures and trade data.
Futures contracts are agreements to make or take ~ of financial and commodity products at future prices that are set in the present. Standardized futures contracts specify price, quantity and month of ~ of the underlying products.
To understand Rho, you need to know that, with an option, the underlying price is really the future ~ price of the stock. This future ~ price is determined by the stock price, interest and dividend (if any) and the maturity of the contract.
See also: What is the meaning of Market, Trading, Stock, Option, Contract?