Settlement rate option
The settlement rate for the SCT also rose to 85 per cent, a 10 per cent increase from 2016. In contrast to predictions, there was no positive relationship between the yield of mussels on ropes and settlement rates on corresponding weeks. The settlement price for "AM settled" options depended on calculating the index price based on the opening price of each of the individual stocks that comprised the index. It is not a real-world price. The settlement price for "PM settled" options is the true closing price of the index, as reported by Standard & Poor’s.