WILD CARD OPTION


Meaning of WILD CARD OPTION in English

The right of the seller of a Treasury Bond futures contract to give notice of intent to deliver at or before 8:00 p.m. Chicago time after the closing of the exchange (3:15 p.m. Chicago time) when the futures settlement price has been fixed. Related: Timing option .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.