Dec 27 2017, 05:40 PM
QUOTE(cherroy @ Nov 29 2008, 07:31 PM)
The Theorectical open and closing price work like this, (simple illutration)
The system has all the orders and total it up. Let say abc stock
buy order at
1.00 got 100,000 lots
0.99 got 120,000 lots
0.98 got 20,000 lots
0.97 got 50,000 lots
While sell order at
1.00 got 10,000 lots
0.99 got 50,000 lots
0.98, got 10,000 lots this 1 u intend for 10,000 is it? saw ur post is 10,00
0.97 got 30,000 lots
So the theorectical price will be set at 0.99, whereby the most possible transaction that can be carried out ie 50,000.
hi, search forum found out this.The system has all the orders and total it up. Let say abc stock
buy order at
1.00 got 100,000 lots
0.99 got 120,000 lots
0.98 got 20,000 lots
0.97 got 50,000 lots
While sell order at
1.00 got 10,000 lots
0.99 got 50,000 lots
0.98, got 10,000 lots this 1 u intend for 10,000 is it? saw ur post is 10,00
0.97 got 30,000 lots
So the theorectical price will be set at 0.99, whereby the most possible transaction that can be carried out ie 50,000.
said in ur case, isn't that the price would be match at RM1 and then after opening it would be like this? whereby 100,000 already traded at RM1?
| shares | B | S | Shares |
| 120,000 | 0.99 | 1.01 | xxx |
| 20,000 | 0.98 | 1.02 | xxx |
| 50,000 | 0.97 | 1.03 | xxx |
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