what's wrong with emini Friday close and today's change?
- Thread starter Kicking
- Start date
they must settle the future to the pit traded contract for all intents of accurate p&l for clearing houses
The closing price and the actual settlement price are usually a few points different (by "fair value") because of the end-of-month settlement procedures - see this link for more info:
http://www.cme.com/prd/eq/fairvaluefaq2544.html
This happens at the end of every month. You've never noticed it before?
http://www.cme.com/prd/eq/fairvaluefaq2544.html
This happens at the end of every month. You've never noticed it before?