English to Russian Bus/Financial Finance (general) investment, brokerage

Settlement of Contract Options shall correspond to the settlement of the relevant exchange traded option in accordance with the market rules and terms and conditions applicable to the relevant exchange traded option. For Contract Options on cash settled options, final settlement requires payment of the cash difference between the value of the underlying option and the strike price

For Contract Options regarding physically settled options, the Contract Options will SETTLE INTO the respective contract, stock or other security. Contract Options regarding options on futures will SETTLE a future acquired at the strike price. Tickmill Ltd will only allow the Client to trade Contract Options on Contracts with physical delivery if the Contract Option expires before the underlying Contract. Tickmill Ltd will require Clients to close any Contract with physical delivery of commodities before they can be exercised (i.e. Tickmill Ltd does not support physical delivery of commodities).