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Index option

An Option whose Underlying security is an Index. If exercised, Settlement is made by Cash payment, since physical Delivery is not possible.

Related Terms: 12 Cash, Delivery, ECU, Exercise, Index, Inc., Option, SEC, Settlement, SIC, Settle, Underlying security
Other Related Pages: Category: Options Starting With: I
Additional Related Terms: Agency security, Asset-backed security, Add-on service, As is, Attorney in fact, Affordability index, A shares, Assets under management, Aggregate exercise price, American option