{"iri":"https://folio.openlegalstandard.org/RmVAavVyS3LgkctWWvZzgm","label":"Standardized Contractual Terms","sub_class_of":["https://folio.openlegalstandard.org/R9g0tsF68ZfL1dvdj4jdg1t"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Standardized Financial Terms","alternative_labels":["Standard Options Terms","Uniform Contract Terms"],"translations":{},"hidden_label":null,"definition":"Standardized Contractual Terms refer to contract specifications that are uniform and predefined, including the underlying instruments, exercise price, expiration date, and contract size. These standardized options facilitate trading on specialized option exchanges, providing greater liquidity, transparency, and regulatory oversight.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}