Comment on Policy on settlement of compulsory delivery derivative contracts — Update Oct 2019
commented on
30 Oct 2019, 10:47 AM
Yusuf,
1. Yes
2. Yes
3 & 4. If you leave the position open until expiry, the position will be physically settled. Based on the contract, you will have to give or take delivery. If you close the position any time before 3.30, there will be no physical delivery obligation.