Russell BTICS

Owned by CME Group
Last updated: Apr 26, 2024
1 min read

Russell BTIC Daily Settlement Procedure

Normal BTIC Daily Settlement Procedure

Daily settlements of the E-mini Russell 1000 Index (R1T), E-mini Russell 1000 Growth (RGT) and E-mini Russell 1000 Value (RVT) futures are determined by CME Group staff based on trading and market activity on CME Globex, up to 15:00:00 Central Time (CT)

All Months

Tier 1: If the lead month contract trades on Globex between 14:59:30 and 15:00:00 CT, the settlement period, then the month settles to the volume-weighted average price (VWAP) of the trade(s) during this period.

Tier 2: If no trades occur on Globex between 14:59:30 and 15:00:00 CT, then the contract settles to the last traded price validated against Low Bid/High Ask during the closing range.

Tier 3: If there are no trades then the contract settles to the prior day settlement validated against Low Bid/High Ask during the closing range.

 



How was your Client Systems Wiki Experience? Submit Feedback

Copyright © 2024 CME Group Inc. All rights reserved.