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Shutterline

Sill Papers

One Slat Cut.

Charged: two percent of a trade on the Quote Lane. Not charged: holding, and a send that is not a trade.

The take gathers in the Open Blind and is spent at Blind Close on the Binding written at the start of that window.

TradeNotionalUnitSlat CutUnit
Single fill100SHUT2SHUT
Ten fills1,000SHUT20SHUT

The Slat Cut is locked at construction. A change would require a different contract. That fact would appear here first if it were ever true; it is not true of this construction.