Feature formula settlement easily

Aug 6th, 2022
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How to feature formula settlement

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hi welcome back to our youtube channel my name is ting ting our topic for today is what is final settlement value i know this is another jargon for you another bombastic word for you or another terminologies for you dont worry today im going to explain to you what is exactly this final settlement value this is a word or a terminologies that you can find in your contract specification im not question whether youve read it before or not and today our topic we are going to cover what is exactly this final settlement value and how do you calculate it now if youre only getting started in your futures trading normally i dont cover this topic but if you already trade in futures market for a while i think this is the time for you to understand exactly what is final settlement value and how do you calculate it especially this is relevant if you are trading index for example those products that is cash settled we have two types of sediment still remember one is cash settlement another one

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It depends. It takes a few days before cash deposits hit or settle on your brokerage account. If you purchased the shares with settled funds, you are free to sell at any time. If you bought the shares with unsettled funds, you cant sell them until the funds have settled.
Macaulay duration can be viewed as the economic balance point of a group of cash flows. Another way to interpret the statistic is that it is the weighted average number of years that an investor must maintain a position in the bond until the present value of the bonds cash flows equals the amount paid for the bond.
Settlement date or issue date is the date when the offering is settled investors transfer cash or assets to issuers for bond certificates. For example, a settlement date of three business days after the launch date is referred to as T+3. The issue date is the date on which bond begins to accrue interest.
All functions begin with an equal sign and include the arguments in parentheses after the function name. For example, in the function =SUM(D3:D10), the function name is SUM and the argument is the range D3:D10. To start entering functions, click on a cell then click the Paste Function (fx) button on the Toolbar.
The Macaulay duration is calculated by multiplying the time period by the periodic coupon payment and dividing the resulting value by 1 plus the periodic yield raised to the time to maturity.
Modified duration, a formula commonly used in bond valuations, expresses the change in the value of a security due to a change in interest rates. In other words, it illustrates the effect of a 100-basis point (1%) change in interest rates on the price of a bond.
To find the modified duration, all an investor needs to do is take the Macaulay duration and divide it by 1 + (yield-to-maturity / number of coupon periods per year). In this example that calculation would be 2.753 / (1.05 / 1), or 2.62%.
What Is a Settlement Date? The settlement date is the date when a trade is final, and the buyer must make payment to the seller while the seller delivers the assets to the buyer. The settlement date for stocks and bonds is usually two business days after the execution date (T+2).
The first coupon date and last coupon date are the dates when the first and last coupons are paid, respectively. Although bonds typically pay periodic annual or semi-annual coupons, the length of the first and last coupon periods may differ from the standard coupon period.
The settlement date of a bond is the date when money first changes hands; i.e., when a buyer pays for a bond. It need not coincide with the issue date, which is the date a bond is first offered for sale. The first coupon date and last coupon date are the dates when the first and last coupons are paid, respectively.

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