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.
| Trade | Notional | Unit | Slat Cut | Unit |
|---|---|---|---|---|
| Single fill | 100 | SHUT | 2 | SHUT |
| Ten fills | 1,000 | SHUT | 20 | SHUT |
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.