Split Close

Split Close

A situation in which futures contracts with the same underlying asset but different maturing dates close at different prices. This is relatively common in the final minute of trading on an exchange.
References in periodicals archive ?
A Sunday newspaper claimed phase two of the HS2 scheme would split close to Curdworth, near Sutton Coldfield, with one branch heading towards the East Midlands and Yorkshire and the other to the north-west.
That tightness of the game, with neither team ever leading by more than eight points and seven ties and seven lead changes, followed form for these two teams, who split close decisions during the regular season.
Our panelists liked this question, but split close to 50/50 on answering yes or no.
They were split close home by Yonder, with little over a length separating the three horses.