Trading@Closing Price

Continue to match orders at the closing auction price, in a safe, regulated, on-exchange environment

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Trading at Closing Price is an optional short modified trading state after the Lit Order book Closing auction has finalized. During this trading state, members and their clients are able to continue to match orders at the Closing auction price only, in a safe, regulated, on-exchange environment.

Trading Schedule:

Description gof Lit Trading Schedule with Trading@ClosingPrice

Market Scope:
The Trading@Closing price session is available for all shares listed at Nasdaq Copenhagen and First North Denmark, that are having a closing auction.

 

The Nasdaq Nordic INET Market Model will provide you with a complete view on the Trading@ClosingPrice functionality. You can find the document on the Member Rules page.

For further intel on the Trading@ClosingPrice functionality and features, then please view the following presentation.

Key Features

Trading state

Trading@ClosingPrice is an optional ten minutes modified trading state that follows the lit order book closing auction.

Volumes at Closing Price

It gives all market participants additional opportunities to execute even more volumes at the day’s closing price, without impacting the equilibrium price.

Liquidity Opportunity

Which investors would not like to find additional liquidity opportunity, after knowing the fixed and fair auction equilibrium price, and then get fully done on the day?

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