The last trading day for a monthly derivatives series is the day in which the final settlement price is set.
In the event that this day is not a TASE trading day, or in the event that the Bank of Israel does not publish representative exchange rates that day, the last trading day moves backwards until both conditions are met.
Example:
- The last Wednesday in August was August 31st, accordingly, the last trading day for this month will be set to Tuesday, August 30th.
For information regarding last trading days of weekly derivatives >
