The Index Arbitrage Meter represents the scale of the premium (or discount) of the lead month futures price above (or below) its fair future value with appreciation to the index price. A green bar shows that the lead month futures price is at premium to (i.e. greater than) its fair value. A red bar shows that the lead month futures price is at a discount to its fair future value. This tool is available for index instrument types.
To Indicate or hide the Arbitrage Meter on Login
When you log in, the Arbitrage Meter is shown by default for all index instruments. To hide the arbitrage meter on login:
- On the Edit menu, select Global Configure, then select Display in the left pane.
- Check or uncheck Show Arbitrage Meter.
To display the Arbitrage Meter for an index
- Click on the desired market data line to select the index.
- Right click and select Tools and then select Arbitrage Meter.