Exchange Opening Price

Definition

Exchange Opening Price. The value at the beginning of trading or opening of the market.

Issues and Challenges

MDDL Exchange published price. Sometimes opening price is implied, sometimes it's published. you don't always see an opening price given. Review notes: One possibility: Opening price is an average of pre-market prices. This marks out the difference between closing price and opening price. Caution: Most exchanges may do it that way but some will not. Each exchange will have its on variane in how they determine an oprnhing price., Usually quoted as athe closing price of the previous session but see above. Opening price may be: Previous Closing Price First trade on that venue Difference between last closing and the out of market hours trading. If there is no OOO trading then the Previous Close in the Opening Price. This is only 2 possibillities: It never happens that out of hours trading is ignored. some regulations require some exchange to use the first trade. Composite Open: (also apples to Last, High, Low) BMB: Price at which the security first traded on the current session. Treat this as the only possible Opening Price. THe very 1st trade of the day is taken by the vendors as a trading price. It's a trading price semantically, and it becomes known as the Opening Price.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.