Buy and Sell Signals, and Other Market Perspectives Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lazarus who wrote (64165)	9/20/2014 12:10:56 PM
From: Justinfo	Read Replies (1) of 218674

According to optionsxpress settlement happens at 4.15 EST although the day session closes 5.15 EST. So the last trade and the settlement can be different. (I no longer trust a given explanation anymore unless I can actually verify it hence the "according to") This is how the CME defines a daily settlement: The volume-weighted average price (“VWAP”) of all trades executed in the full-sized futures contract on the trading floor and in the E-mini futures contract executed on CME Globex will be calculated for a the designated lead month contract from 15:14:30 – 15:15:00 Central Time (“CT”). A multiplier of 5 will be applied to the quantities traded in the full-sized contract to reflect the 5 to 1 relationship between the full-sized and the E-mini contracts. The combined VWAP for the designated lead month will be rounded to the nearest .25 index point. cmegroup.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next