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CL today - interpretation of tape / time and sales data

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Legendary Market Wizard
Houston, TX
Trading Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
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I wasn't aware of this. I get filled on both the screen (via TT) and OTC block (Clearport via voice broker). The legs are always shown executed at the current market price. Where did you come across this option? I am just curious how it would work if the previous settle was chosen for the front leg. The back would have to be a calculated number based on where the spread was filled relative to the front's previous settle. You are right, both parties would have to agree. Maybe this exists as an option on clearport for block orders?

With clearport the prices are assigned by the OTC Broker. In TT my understanding was that having an ampersand "&" in front of the account number means you want market levels on your spread prices. This works for energies, but my eurodollar fills still come through based upon settlement even with the ampersand.

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