Resources to read more about/learn how implied pricing works

Question

I was looking at this video today:

http://www.cmegroup.com/education/interactive/webinars-archived/implied-price-functionality.html

on implied pricing. And am aware that implied orders/pricing exists in ICE as well. I found it difficult to follow (the video) beyond the vanilla examples and was wondering what other resources might break this down a little more that I can search for or reference to understand implied orders/pricing/book in these markets.

Answer 1

I have been looking at this recently and found the following resources very useful:

• CME Implied Orders (IN/OUT)
• CME Implied Orders Examples (IN/OUT)
• ICE Implied FAQ
• ICE Implied Example - link in the ICE Implied FAQ aswell
• Trading Technologies Calculating
  • Calculating Implied
  • Calculating Implied Ins
  • Calculating Implied Outs
  • Calculating Implied from Implieds - Useful to understand what is meant by the word generation in the implied context