Quote data, except U. Date of Open Price. The Directorate-General for Trade in the European Commission helps to develop and implement EU trade policy. Trade BTIC on Major U. BTIC Minimum Tick Increment.
Market Regulation Advisory Notices. Visit Open Markets Available on CME Globex and as Block trades, Basis Trade at Index Close BTIC transactions enable market participants to execute a basis trade relative to the official close for the underlying index for more efficient cash management. A BTIC transaction is entered into via a basis expressed in discrete index points, where the executed trade price is the total number of index points to be applied to the official close price of the underlying index.
In essence, a BTIC transaction provides the ability to trade the future at a price understood optins be the theoretical equivalent of the official cash index close with given assumptions on dividends and all-in implied financing to maturity. BTIC bid, ask and trade prices must be in valid tick increments as per the corresponding BTIC contract specifications. However, the futures contract trade price resulting from the basis applied to the cash index close price does not need to be in the contract specified tick increment and will not be rounded to the nearest tick.
Reporting windows vary based on the corresponding cash index trading session. Please consult yliya-86.ru for the latest contract specifications. Reporting: can be handled just like regular Block trades and price reported and cleared via CME ClearPort for traee users e trade index options, or alternatively reported to the Global Command Center GCC where the trades are subsequently entered directly into the Front End Clearing FEC system.
Price Increment: must have a basis or price increment stated in standard size ticks minimum price increments for basis of the contract. These positions will be created automatically by CME Clearing based on the reported BTIC Block trade basis price. BTIC transactions have their own unique ticker codes. Use the following tickers when entering BTIC Blocks and BTIC trades on CME Globex.
As the world's leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk. Comprised of four exchanges - CME, CBOT, NYMEX and COMEX - we offer the widest range of global benchmark products across all major optinos classes, helping businesses everywhere mitigate the myriad of risks they face in today's uncertain global economy.
CME Group on Twitter CME Group on Facebook CME Group on LinkedIn For additional product information, visit yliya-86.ru. For trade reporting and related questions, contact the Global Command Center GCC : CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets DCMs. Straight Through Processing STP. Swap Execution Facility SEF. Financial and Regulatory Surveillance.
Clearing Operations and Deliveries. Access our market data directly via our Market Data Platform. Offering charting, analytics, real-time quotes and news on our products. Comprehensive historical price information available on select CME Group contracts. Basis Trade at Index Close BTIC. Available on CME Globex and as Block trades, Basis Trade at Index Close BTIC transactions enable market participants to execute a basis trade relative to the official close for the underlying index for more efficient cash management.
Trade BTIC on Major U. BTIC Blocks and BTIC on CME Globex. Efficiency: Access the official cash index close with a single futures transaction in lieu of the underlying cash basket. Flexibility: Manage index exposure before the spot market closes and independent of primary equity market closing auction deadlines. Choice: Trade BTIC on CME Globex or as Blocks for equity index benchmarks.
Control: Directly negotiate a Block trade with a selected eligible counterparty. Security: Risk management and safeguards e trade index options by CME Clearing. Price Increment: must have a basis or price increment stated in standard size ticks iindex price increments for basis. BTIC Block Inde Example. The market participants agree to the following terms:. BTIC block trade eligible contract.
Meets the minimum BTIC Block trade threshold as required. BTIC Minimum Tick Inxex. BTIC Block Trade Threshold. Clears into Underlying Product. Follow us for global economic and financial news. CME Group on Twitter. CME Group on Facebook. CME Group on LinkedIn. For additional product information, visit yliya-86.ru. For trade reporting and related questions, contact the Global Command Center GCC :. Indfx was your website experience?
Read about BTIC block trades, enabling market participants to execute a trade as a basis trade relative to the official close for the underlying index.
U.S. Government Required Disclaimer - Forex, futures, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with.
E-Trade Financial Corporation (stylized as E*TRADE) is a financial services company headquartered in New York City. It is an online discount stock brokerage firm for.