Trading at Settlement (TAS) for Agricultural Futures
A flexible and transparent way to manage settlement price uncertainty, Trading at Settlement (TAS) is an order type that allows a market participant to buy or sell futures contracts during the trading day equal to the yet-to-be-determined settlement price, or at a price up to four ticks above or below that price.
All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.