How would the settlement price of SPX be determined if market is closed on the expiration date due to natural disasters/terrorist attacks?
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$\begingroup$ Most probably would be the last traded price before the closure... $\endgroup$ – Jan Stuller Feb 25 at 7:33
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$\begingroup$ Your question is about SPX settle for options pricing? $\endgroup$ – user42108 Feb 25 at 14:22
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$\begingroup$ it's about the settlement price for futures/options $\endgroup$ – MainCom Feb 25 at 17:11
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$\begingroup$ And this is not covered in the settlement procedures? I don't know, just curious. cmegroup.com/confluence/display/EPICSANDBOX/… $\endgroup$ – user42108 Feb 25 at 17:36
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$\begingroup$ It seems not... $\endgroup$ – MainCom Feb 26 at 5:54