Examples of Closing auction in a sentence
Closing auction is held — counter orders, sorted by ascending of the time of submission, are matched together at instrument's closing price at Main liquidity pool.
VFC”) are orders which can be entered throughout the Trading Day but are processed only at the Closing auction.
Half days example: Pre-close CET 12.55, Closing auction at CET 13.00.
Orders may be entered with ATC, GFS or GFA TIF as well, but such orders will be parked outside the active order book until the next auction (for GFA orders) or until the next scheduled (i.e. Opening, Intra-Day or Closing) auction (for GFS orders) or until the Closing Auction Call (for ATC orders).
Absent were: Also present were: Verise Campbell – Chief Operating Officer; Tony Cammiso, Marketing Manager; AJ Gavilanes, Secretary/Administrative Assistant; and Stefanie Sharp, Legal Counsel – NAHAC.
The price resulting from this will be the basis for the determination of the adjustment factor (R-factor).S1 = Closing auction price of the Merck KGaA share S2 = S1 minus regular dividendS3 = S2 minus bonus dividend R-factor = S3/S2Adjustment of strike prices (only for options) will be made by multiplying by the R-factor.
The reference price for static limits is the price of the last transaction formed through an auction (Auction trading procedure, Opening auction, Closing auction or Volatility interruption).
The combinatorial auction infrastructure is currently under construction.– Closing auction phase.
Closing auction: Except for certain types of Admitted Securities designated by Nasdaq Dubai, the final price shall be determined through a closing auction.
The price resulting from this will be the basis for the determination of the adjustment factor (R-factor).S1 = Closing auction price of the Richemont share S2 = S1 minus regular dividendS3 = S2 minus extraordinary dividend (also converted into Swiss francs by means of the reference price Swiss francs/euro from September 14, 2007.)R-factor = S3/S2Adjustment of strike prices (only for options) will be made by multiplying by the R-factor.