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On Wed, 23 Sep 1998, Earl wrote:
>Hmm, so what is the difference between Close and Settle?.....
There isn't any. The CBOT's definition for Settlement Price
is "The last price paid for a commodity on any trading
day.......Also referred to as......closing price". The CME's
definition is "The official daily closing price of futures
contracts".
Best regards,
Jim
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