A trade at settlement (TAS) is a futures trade executed during the session at a price equal to that day’s settlement price, plus or minus an agreed number of ticks, which is known only after the settlement. A basis trade at index close (BTIC) is a futures trade at a price equal to that day’s official closing level of the index plus an agreed basis.
Quantitative Finance · शब्दावली
Trade at settlement and basis trade at index close क्या है?
अन्य नाम: trade at settlement · basis trade at index close