daily settlement

daily settlement definition - finance
The amount of money that has to be paid at the end of each trading day by a futures trader in order to make an additional margin payment required by the price change of the futures contracts. The accounts of futures traders are marked-to-the market at the end of each trading day, meaning that current prices are applied to calculate the brokerage account balances that traders have.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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