Ionic Pro Pro Work Light User Manual


 
Page 6
Page 6
Terminology
SETS Most liquid LSE stocks.
SEAQ Less liquid LSE stocks.
Mid Average of the bid and offer.
Open The first ‘reliable’ price for the day.
LSE SETS: The first uncrossing price or, failing
that, first automatic trade.
LSE SEAQ: Mid price when the market opens.
Other markets: First Trade
FTSE 100, 250, 350 & SmallCap indices: Value three
minutes after the open.
Other Indices: First quote.
High LSE SETS: Highest trade during market hours.
LSE SEAQ: Highest mid price during market
hours.
Other markets: Highest trade during market hours.
S&P Indices: Index calculated on the highest
values of constituents.
Other Indices: Highest Value.
Low The opposite of the High calculations.
Close Last price of the day.
LSE calculate and distribute this value. Their
calculation method is complex.
Other markets: Last trade before the market
closes.
Indices: Last value.
Volume Number of shares traded that day. Because
of delayed trades this figure can change for
several subsequent days.
Delayed Trades are normally reported within 60 seconds but big
trades trades and some other trades can be delayed for hours
or days.
OHLCV Open, high, low, close & volume over a fixed time
period.
Candlesticks A Japanese method of representing OHLC information.
VWAP Volume weighted average price.