| Assign | |
 The act of clearing houses and brokerages selecting short option and future contract holders to deliver underlying securities or commodities of maturing or exercised/tendered contracts. |
|
 Not all contracts will typically be exercised or tendered, and those that are need to be settled with delivery of the underlying security/commodity. Most often clearing houses will randomly allocate assigned contracts to brokerages who in turn randomly select which of their clients will assigned. |
|
 Options Basics Tutorial - An introduction to the world of options, covering everything from primary concepts to how options work and why you might use them. Futures Fundamentals - For those who are new to futures but want a solid understanding of them, this tutorial explains what futures contracts are, how they work, why investors use them, and much more. |
|
Related Terms
 |