The algorithm targets cleaner alignment with settlement prices by managing TAS and futures flow together.

BestEx Research launched TASClose, an algorithm for institutional futures traders to match the daily settlement price, combining settlement orders with underlying futures execution to reduce slippage and complexity. TASClose supports 29 TAS‑eligible markets The firm noted that many commodity‑focused hedge funds, asset managers, exchange-traded fund (ETF) managers and index funds continue to benchmark their activity to the daily futures settlement price, which is typically calculated as Volum