Wheat settlement prcie on TWS

Discussion in 'Ag Futures' started by lachie74, Feb 11, 2008.

  1. My TWS says ZW MAR 08 finished down 34 3/4 at 1058 1/4.

    ino.com and ecbot website say it finished down 45 at 1048.

    Anyone else getting an incorrect settlement price from IB?

    Thanks
     
  2. 10.48 is the settlement price.
     
  3. jsl50a

    jsl50a

    There was massive moc selling in the pit in KC. I'm sure it was the same in Chicago, and the electronic doesn't have time to catch up (there's not enough time, and it's too crazy to arb them over the phone). The contract settles off of the pit settlement.

    In KC, the may was trading around 1140 during the close in the pit, electronically... 1102. It was absolutely insane.