Trading at Settlement (TAS) 
DefinitionTrading at Settlement (TAS) is a trading mechanism that allows a 
market participant to buy or sell futures contracts during the 
trading day equal to the yet-to-be determined settlement 
price, or at a price up to 4 ticks above or below that price
Contracts code and referenceEBMT(TAS on EBM) ECOT( TAS on ECO) EMAT(TAS on EMA)
Delivery monthsSame as the reference contract: EBMT; on the 4first maturity, ECOT;on the 3first maturity,EMAT;on the first 2 maturity
Last day of tradingThe Expiration Date (and Last Trading Date) of a TAS expiry is set on the 20th of the month of the previous month of the reference month of the ExpiryCycle; if it is not a Business Day, then, it is set to the following Business Day.
Introduction of new expiry monthsOn the first business day after last trading date of the front month
Trading hours10:45 – 18:30 CET (UTC+1)
Clearing organizationEuronext Clearing
Trading platformOptiq