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

In a futures contract, the Final Settlement Price (“FSP”) or Due Date Rate (“DDR”) is the price at which all outstanding positions are settled on the maturity of the contract. FSP/DDR/ 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.

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