Now let’s look at the dangers of treating LTP as the closing price. If LTP determined the official closing price, low liquidity could make the closing price vulnerable to manipulation. …
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K. Harikrishnan
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Part One: Closing Prices Explained – Why the Final Trade Isn’t the Close
by K. Harikrishnan 4 minutes readIn the jargon-filled world of stock markets, ‘opening price’ and ‘closing price’ look like two less-intimidating, easily digestible terms. Though both prices are derived through prescribed mechanisms, closing price is …