Understanding Basis Trade at Index Close (BTIC)

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Get an overview of Basis Trade at Index Close (BTIC) transactions, when they are useful, and who trades them.

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Good morning, thank you. Do you know where I can find material on this subject in Spanish?

edgardogiraldo
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So, in this case equity finance desk was in loss as he sold it for less (1173.63) than the Index close price(1177.03) ? In this example, they closed position on same day but it can also be carried till expiry, right till whenever the holder decides to exit(@ profit or loss) before maturity of contract

Bala-envb