How is settlement price calculated?

Clearance prices are generally based on price averages within a specific time. These prices can be calculated based on the activity during an entire trading day, using the opening and closing prices as part of the calculation, or based on the activity that takes place during a specific period of time within a trading day. For Personal Injury Attorney near Ladson SC, most stock index futures, the daily liquidation price for the first month is calculated using a volume-weighted average price (VWAP) based on the last 30 seconds of the trading day.