Example: Assume a client holds 50 lots of long, hedging, and
previous position on SC2310, and places a TAS order for 50 lots as
“short, hedging, and close previous”. Once 40 lots of the TAS order
are filled at a price of -1.0 yuan/barrel, the client will hold 10 lots of
long, hedging, and previous position on SC2310.
If at market close the settlement price of SC2310 is determined to
be 553.7 yuan/barrel, then the 40 lots lled through the TAS order
will be flnally traded at 552.7 yuan/barrel.
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