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.
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.
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.
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?
Other Electronic Trading Services
Fee list - Nasdaq Nordic Cash Market Download Fee list - Nasdaq Nordic Cash Market
Fee List - Algorithmic Trading Services Download Fee List - Algorithmic Trading Services
Factsheet - Trading@Closing Price Download Factsheet - Trading@Closing Price
Nasdaq Nordic Technical Services Pricelist - Valid from April 1, 2019 Download Nasdaq Nordic Technical Services Pricelist - Valid from April 1, 2019