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“Exchange Data’s Closing Prices Handbook” added to ReportBuyer.com

The closing price can be a myriad of things, ranging from simply the last transaction for a security for the day to a price derived from a complicated calculation or process. - New report: Exchange Data’s Closing Prices Handbook:

 
PRLog - Nov. 6, 2012 - LONDON, U.K. -- ReportBuyer.com has added a new report http://www.reportbuyer.com/go/CHP00004

Summary of Report  -

Exchange Data International together with Chancellor Publications have solved the mystery of closing prices.

Consult any financial dictionary, online or otherwise and you will find a definition for the closing price. One of the most common is "the price of the last transaction for a security in a trading session" or words to this effect. Others simply use the phrase "the final price for a security on a given trading day". Unfortunately none of these definitions are accurate.

The closing price can be a myriad of things, ranging from simply the last transaction for a security for the day to a price derived from a complicated calculation or process. The closing price can also vary within a market where one rule applies to one trading segment and another rule applies to another segment.  The Closing Prices Handbook & Database unravel the mystery of closing prices by providing detailed definitions of the closing and other key prices disseminated by the global equity exchanges, exchange by exchange. It provides details of the hierarchy of alternative closing prices disseminated in the event that a security does not trade on the day.

In addition, it examines the exchanges and trading systems where the high-low range for the day does not include the open and close and provides a useful guide to the price fluctuations allowed during the trading day.

Exchange Data’s Closing Prices Handbook: , is available at:
http://www.reportbuyer.com/banking_finance/financial_serv...

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