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Last Traded Price,Ltp

The last traded price (LTP) is a term used in finance to describe the most recent price at which a financial asset was traded. It is the latest price at which an asset changed hands.

Definitions:

  • Last Traded Price (LTP): The most recent price at which a financial asset was traded.
  • LTP Time: The time stamp associated with the last traded price.
  • LTP Bid and Ask: The highest bid and lowest ask prices at the time of the last trade.

Examples:

  • Stock Price: If a stock is sold at $100, the LTP is $100.
  • Futures Contract: If a futures contract is traded at 10,000, the LTP is 10,000.

Uses:

  • Determining the current market price of an asset.
  • Indexing funds and tracking performance.
  • Providing information for trading decisions.
  • Calculating financial ratios and indicators.

Note:

The LTP can be different for different markets and assets. For example, the LTP for a stock on the New York Stock Exchange (NYSE) may be different from the LTP for the same stock on the London Stock Exchange (LSE).

Additional Information:

  • The LTP is an important data point in financial analysis.
  • The LTP is used in various financial formulas and calculations.
  • The LTP is typically updated regularly throughout the day.

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