Due Date Rate (“DDR”)/Final Settlement Price (“FSP”)

In a futures contract, the Due Date Rate (“DDR”) or the Final Settlement Price (“FSP”) is the price at which all outstanding positions are settled on the maturity of the contract. DDR/FSP is the last spot price as on the expiry day or the weighted average of spot and/or futures prices of the specified number of day(s), as may be defined in the by-laws, rules, and regulations of the exchange.

Leave a Reply