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 and 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 and regulated on-exchange environment.
Key Features
Trading State
Trading@ClosingPrice is an optional 10-minute 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
All investors would like to find additional liquidity opportunities after knowing the fixed and fair auction equilibrium price, then get them fully completed the same day.
Trading Schedule on Nasdaq Copenhagen
Market Scope
The Trading@Closing price session is available for all shares with a closing auction and listed on Nasdaq Copenhagen, First North Denmark, Nasdaq Iceland and First North Iceland.
The Nasdaq Nordic INET Market Model provides a complete view of the Trading@ClosingPrice functionality and is available on the Member Rules page.
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The Trading@Closing price session is available for all shares with a closing auction and listed on Nasdaq Copenhagen, First North Denmark, Nasdaq Iceland and First North Iceland.
The Nasdaq Nordic INET Market Model provides a complete view of the Trading@ClosingPrice functionality and is available on the Member Rules page.
Contact Us
Contact our European Equity Sales teams
Resource Center
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- Nasdaq Nordic Cash Market (valid from January 1, 2026) Open
- Nasdaq Nordic Cash Market (valid from February 1, 2026) Open
- Fee List -Nasdaq Nordic Cash Market (valid from September 1, 2025) Open
- Fee List - Nasdaq Nordic Cash Market (valid from February 1, 2025) Open
- Fee List - Algorithmic Trading Services Open
- Factsheet - Trading@Closing Price Open
Other Electronic Trading Services
Nordic Auctions
Nordic Auctions
Auctions at opening and closing offer robust pricing and volume discovery.
Lit Trading
Lit Trading
One common gateway for trading Swedish, Finnish, Danish, Icelandic and Norwegian equities.