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
Evidence and governance
- 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
- evidence reviewed
This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.