CME Group - Trade at Cash Open (TACO)

May 15, 2018 8:37AM CDT

Now available for E-mini S&P 500 futures

Starting May 14, 2018, CME Group introduced a greater flexibility to hedge market-on-open orders and manage a.m.-expiring deltas using Trade at Cash Open, or TACO, for E-mini S&P 500 Index futures.

Using the same quoting convention as BTIC, TACO allows market participants to execute a basis trade on the E-mini S&P 500 futures relative to the day’s official cash index opening level – before the market opens – as early as 11:00 a.m. ET the prior trading day.

View additional product details, including trading codes, specifications and product applications.

Learn More


Watch: Intro to TACO - a brief educational video, which explains what TACO is and how it works.


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This material has been prepared by a sales or trading employee or agent of RJO Futures and is, or is in the nature of, a solicitation. This material is not a research report prepared by RJO Futures Research Department. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.