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Investing Glossary:
Last trading day
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Definition: |
| The final day under an exchange`s rules during which Trading may take Place in a particular futures or options contract. Contracts Outstanding at the end of the Last trading day must be settled by Delivery of Underlying physical commodities or financial instruments, or by agreement for monetary settlement, depending futures Contract specifications.
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