In the securities market, the indicative match price is
the price at which the maximum volume of orders can be executed at the time of an auction
.
What is the indicative price of a stock?
Meaning of indicative price in English
the price that a share will probably sell for
: The indicative price is based on the mid-price for that share at the close of business on the day shown. A prospectus and indicative price range will be released tomorrow.
What does indicative pricing mean?
(1)
Bid and offer price provided by a market maker
for the purpose of evaluation or information, not as firm bid or offer price at which she is willing to trade. Also called Nominal Quotation. (2) A preliminary estimate of the price at which a financial instrument might be created.
What is indicative opening price?
The Indicative Opening Price
provides market participants with a probable price at which the market will open or re-open
, given the current book and order activity. Indicative Opening Price is calculated by the trading engine during the Pre-Open and Reserve states based on the orders in the book.
What is indicative equilibrium price?
The indicative equilibrium price (“IEP”) is
the price at which orders would be executed if auction matching were to occur at that point
. SGX publishes the IEP on a real-time basis and masks all better bid and ask prices as well as quantities. The publication of the IEP is intended to provide more market transparency.
How do you use indicative?
Use the word indicative when
you want to show that something is suggestive or serves as a sign of something
. Your willingness to help out with the charity is indicative of your generous nature. The adjective indicative is usually followed by the word of.
How is OFS price decided?
OFS platform is an order collection system. Here the buyer needs to provide with a bid. There is a floor price,
decided by the company
, below which the bids cannot be placed. At the end of the bidding process the shares are allocated to the bidders.
What is limit price commsec?
Limit orders allow
you to set a maximum purchase price for your buy orders
, or a minimum sale price for your sell orders. If the market doesn’t reach your limit price, your order will not be executed. … For example, a limit price of 40.7¢ will not be accepted by the Australian Stock Exchange.
What is near indicative clearing price?
Near Indicative Clearing Price: The near indicative clearing price is
the crossing price at which orders in the Nasdaq opening, closing, and continuous book would clear against each other at the dissemination time
.
How is opening price calculated?
Previous day’s close or adjusted close price / base price
is the opening price. In case if no price is discovered in pre-open session, the price of first trade in the normal market is the open price.
How do you find the opening price of a stock?
On the NYSE and ASE, the specialist determines the opening price by
looking at his/her “book
.” The specialists are supposed to select the one price that clears out the maximum number of orders; i.e. by looking at the buy and sell offers and choosing a single price will execute the most orders (shares).
How do you find indicative equilibrium price?
- Use the supply function for quantity. You use the supply formula, Qs = x + yP, to find the supply line algebraically or on a graph. …
- Use the demand function for quantity. …
- Set the two quantities equal in terms of price. …
- Solve for the equilibrium price.
Why are stock prices delayed 15 minutes?
Delayed quotes are
usually enough information for a casual investor who isn’t looking to time the market
. … If firms don’t want to absorb this cost, they’ll only offer delayed quotes. Reuters, for example, provides lots of financial information, but its stock quotes are delayed at least 15 minutes.
The routine trading session starts at 9:15 AM on the clock for both NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). The trade (Buying and selling) that happens during the 15-minutes window just before the usual session, i.e. from
9:00–9:15 AM
is called the pre-market trading.
