The document outlines procedures for fixing cash settlement amounts for yield-based options by the Options Clearing Corporation (OCC). It describes the role of adjustment panels in determining settlement values and the implications for investors if settlement is delayed. Additionally, it addresses the handling of erroneously reported index levels in index options trading.
doj/DataSet10/EFTA01393158.pdf
{"document_type":"legal","document_subtype":"options trading rules","key_organizations":["Options Clearing Corporation (OCC)"],"reference_numbers":["EFTA01393158"]}