NQ -- Friday Settlement...

Discussion in 'Index Futures' started by LaSalle, Aug 1, 2005.

  1. LaSalle

    LaSalle

    What is up with the NQ quoted as +4 @ 1615.50 ?


    I have Friday's settlement @ 1615.5; making the NQ flat @ 1615.5.

    When and why was it "repriced" ?
     
  2. Truff

    Truff

    I have it at 1611.50
     
  3. LaSalle

    LaSalle

    @ 3 PM or 3:15 ? Thx,
     
  4. Quah

    Quah

    :D

    Here is what I post every month when this question comes up....




    This question gets asked every single month - last day of the month.

    It's called end-of-month settlement. For EOM settlement, the settle price will typically be a point or more away from the actual closing price.

    See: http://www.cme.com/trading/prd/equity/fairvaluefaq2544.html
     
  5. LaSalle

    LaSalle

    Great. Thanks.
     
  6. Quah

    Quah

    No problem.

    See everyone next month! :)