Tokenized European Equity
Token and Quote Price
DraftHow a token's quote is derived from the underlying, and how the price is fixed at settlement.
How the quote is derived
TODO: relationship between the token quote and the underlying equity price, including currency.
Pricing at settlement
- The token is priced at settlement, within trading hours.
Reference data and oracles
TODO: price sources, reference data, and any on-chain oracle.
Fee, not spread
- One transparent fee at purchase — no hidden spread. See Fees and Taxes.