Examlex
The actual digestive process begins in the
S&P 500 Index
An index of the American stock market reflecting the value of 500 large-cap companies with shares available on either the NYSE or NASDAQ.
Open Interest
The total number of outstanding derivative contracts, such as options or futures, that have not been settled.
Clearinghouse Positions
The role of a clearinghouse in ensuring the settlement of transactions by acting as an intermediary between buyers and sellers in the financial markets.
Specified Delivery
A term used in futures contracts to denote the specific delivery specifications such as quality, quantity, and delivery location that must be met by the seller.
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