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Non-Tech : Quote.com QCharts -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (1697)	4/21/1999 8:24:00 PM
From: Gibbons Burke	Read Replies (2) \| Respond to of 17977

When I was at Dow Jones Markets (RIP) the company formerly known as Telerate, the technical term for this phenomenon was "Data dribble" - the period of time after the closing bell during which the tape would continue to report updates. Look at any of the Dow component stocks on a busy close and you will see trades reported over the wire after 16:00. The INDU continues to calculate on the delayed tape. In the futures market this is important because the "close" isn't really the official close until that contract is settled. A Pit committee decides the representative price at which the market is "settled", and at which all overnight margin positions are calculated, and at which outtrades are resolved. Sometimes the settlement price doesn't come across the wire for several minutes after the close. These T&S records are marked "Settlement" in the Info column of QCharts Time & Sales display. The rules of the game are not always on the inside cover of the box... -- Gibbons