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Home > Terms > English, UK (UE) > Wild card option
Wild card option
Refers to a provision of any physical delivery Treasury Bond or Note futures contract which permits shorts to wait until as late as 8:00 p.m. on any notice day to announce their intention to deliver at invoice prices that are fixed at 2:00 p.m., the close of futures trading, on that day.
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- Part of Speech: noun
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- Industry/Domain: Financial services
- Category: Commodity exchange
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