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CME Globex supports the following market statistics, which are disseminated to the market via its market data platform:

High Trade/ Low Trade - Established when a trade occurs which results in the highest trade price for the current session. Likewise, the Low Trade Price is established when a trade occurs which results in the lowest trade price for the current session

Better Bid - A bid that is higher than the last traded price and also higher than the previous Better Bid.

Better Offer - An offer that is lower than the last traded price and also lower than the previous Better Offer.

Highest Better Bid - The highest bid for the trading day.

Lowest Better Offer - The lowest offer for the trading day.

Settlement Price - Settlement Price is calculated based on market activity (trades, bids, and offers) for that instrument during a predetermined time frame. This price is used to determine margin requirements and the following day's price limits.

Indicative Opening Price (IOP) - The Indicative Opening Price (IOP) is the probable price at which the market will open, or re-open, given the current book and order activity.

Opening Price - The Opening Price is the price for the first trade of the day.

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