FTB-C000300 / Market data field

Settlement Price

Settlement Price is an official price determined under a venue's rules for valuation, clearing, or margin purposes.

Also known asofficial settlement

Intermediate 1 linked topicPublished

Definitions

In plain terms

For some derivatives it can differ from the last eligible trade used as a bar close.

Technical

The field requires venue, contract, session, methodology, timestamp, status, currency, correction, and provenance.

Scope

A close field must not be silently relabeled as settlement price.

Examples

  • A governed lesson uses Settlement Price only with declared inputs, timing, parameters, and edge-case behavior.

Common misconceptions

  • A close field must not be silently relabeled as settlement price.

Concept relationships

Prerequisites

Related

Where this concept is used

Tutorials planned

These catalogued topics use this concept, but their complete build has not shipped yet.

  • D06-F01-A01 Important

Evidence and governance

  1. Chart Types: Candlestick, Line, and Bar CME Group · official exchange

    Supports: preferred label, short definition, technical definition

    Limits: Display colors and pattern interpretations are conventions rather than universal predictive rules.

Reviewed by
fintech-builder-batch-006
Last reviewed
2026-07-27
Next review
2027-07-27
Record status
published
Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.