Originally posted by bobscott
This is not surprising to me as the last intraday trades (prior to 16:00) were at 15:59:58 with a price of 92.11 but the Official Closing price was at 16:00:18 and was 92.04. Hasn't this always been the way it was? Or am I "up-and-locked" again?
~Bob
This is not surprising to me as the last intraday trades (prior to 16:00) were at 15:59:58 with a price of 92.11 but the Official Closing price was at 16:00:18 and was 92.04. Hasn't this always been the way it was? Or am I "up-and-locked" again?
~Bob
The issue isn't the close, but rather the open.
What you say is indeed so, and has always been so, for the RTH closes being different than the Daily Bar close due to the after 16:00 "sell at market close" settlement type prices in a Daily bar.
LAM
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