Well done Trent! Looks like you were spot on (if you will excuse the pun).
UxC and TradeTech only publish weekly spot price figures - and there is up to a 3 day delay on publishing. UxC has just updated to $54 at 19 Sep. Tradetech updated yesterday, I think, to $53.50 on 16 Sep.
So given that MF Global's price at the start of this thread was $54.26 early US time on the 19th, that seems to confirm it. I guess UxC and Tradetech just round to the closest 50c.
Its confusing of MF to use 'mid' price though. Why don't they just call it spot.
The other explanation is that there has been a close convergence of the spot and mid prices.
Either way it doesn't matter, because it or both are going up.
u308 19/9, page-39
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