Understanding Basis Trade at Index Close

Looking for added flexibility and efficiency in your trading? Learn how to achieve both with Basis Trade at Index Close (BTIC) transactions, a way to trade the cash index close in futures form.

A new 3-minute video explains how BTIC transactions, available now as a block trade on several indices and premiering September 21 on CME Globex with Russell 1000 futures, enable you to:

  • Efficiently manage cash by executing basis trades relative to the official index close
  • Reduce slippage 
  • Negotiate a trade directly with a preferred eligible counterparty

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