Opening Price

The opening price is calculated using the following formula:

  1. Buys and sells are totaled at each price level. The price level with the largest number of matching orders will be the opening price.

  2. If there are more than one price levels with the same matching quantity, the price closest to the previous day’s settlement will be the opening price.

  3. If there are not any crossing buy and sell orders, the opening price will be the first traded price after the opening.