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TPO and forex

  #13 (permalink)

Austria
 
 
Posts: 259 since Jan 2017
Thanks: 0 given, 193 received

@Grantx,

no, the settlement-price isn't the closing-price at 5pm ET, the settlement-price is calculated by the CME once a day and for currency-futures it is calculated at 2pm ET (end of day-session) and is based on a VWAP (and some other rules) of the last 1 1/2 minutes before 2pm ET.

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