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