NQ -- Friday Settlement...

[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" ?

 

[Truff]

Quote from 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" ?

I have it at 1611.50

 

[LaSalle]

Quote from Truff:

I have it at 1611.50

@ 3 PM or 3:15 ? Thx,

 

[Quah]

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

 

[LaSalle]

Great. Thanks.

 

[Quah]

No problem.

See everyone next month!