Cash Settlement. On the last trading day, the
final settlement price of the expiring futures contract
would be based on the closing value of the underlying
S&P BSE SENSEX.The following algorithm is currently
being used for calculating closing value of the individual
scrips including the scrips constituting S&P BSE
SENSEX in the Equity Segment:
- Weighted average price of all the trades in the last thirty minutes of the continuous trading session.
- If there are no trades during the last thirty minutes, then the last traded price in the continuous trading session would be taken as the official closing price.