Consider a fairly illiquid futures contract that has not traded for days. Do you still need a
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Consider a fairly illiquid futures contract that has not traded for days. Do you still need a settlement price for this contract? If so, how would the exchange go about determining this settlement price?
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The exchange would take the last traded price fr...View the full answer
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Related Book For 
An Introduction To Derivative Securities Financial Markets And Risk Management
ISBN: 9781944659653
2nd Edition
Authors: Robert A. Jarrow, Arkadev Chatterjee
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