7.11 Daily Settlement Price
The daily settlement price of a Contract shall be determined:184.108.40.206 in Non-Relevant Market Contracts, by using price data from market participants or derived from pricing models, as selected or established by the Clearing House from time to time; and
Refer to Practice Note 220.127.116.11.18.104.22.168 in all other Contracts, in accordance with the relevant formula and procedures applicable to each Contract, as determined by the Clearing House. In arriving at such formula, the Clearing House may, in consultation with the Exchange, take into account factors, including but not limited to:a. the last traded price;b. bid and offer spread at the close of market; andc. price data derived from pricing models, as selected or established by the Clearing House from time to time.Refer to Practice Note 22.214.171.124.
Notwithstanding the foregoing, the Clearing House shall reserve the right to amend the settlement prices of any Contract for the purposes of settlement under this Rules if it so deems necessary.