Identify: -Sequential Model

question 11

Essay

Identify:
-Sequential Model

---

Definitions:

Settle Price

The settle price is the final price at which a futures contract is settled upon expiration or closing.

Futures Contracts

Standardized legal agreements to buy or sell a specific commodity or financial instrument at a predetermined price at a specified time in the future.

Gold

Gold is a precious metal that has been used historically as a medium of exchange and is widely held as a form of investment or hedge against economic uncertainty.

Troy Oz.

A measurement unit for valuable metals, with one troy ounce being roughly equivalent to 31.1035 grams.