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What is “Due Date Rate” or the Final Settlement Price?

April 26, 2017final price

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What is “Due Date Rate” or the Final Settlement Price?

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Posted

Due Date Rate or the Final Settlement Price is the price on which all outstanding positions are settled on the maturity of the contract. DDR / FSP is the last spot price as on the expiry of the weighted average of both spot and/ or future prices of the specified number of day (s), as may defined in the Byelaws/ Rules and Regulations of Associations.