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Last Traded Price, LTP

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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.

FAQs

  1. What is the last traded price (LTP)?

    The last traded price (LTP) is the price at which a stock, option, or security was most recently bought or sold in the market. It reflects the most recent transaction and serves as an important indicator for traders.

  2. How do you find the last traded price of a stock?

    You can find the last traded price of a stock by checking a financial website, stock trading app, or brokerage platform, which updates LTP in real-time during market hours.

  3. What is the difference between the closing price and last traded price?

    The closing price is the final price at which a stock or security is traded at the end of a trading day, while the last traded price is the price of the most recent transaction, which can change continuously throughout the day.

  4. What does LTP stand for in options trading?

    In options trading, LTP stands for the “last traded price” of the option contract. It shows the price at which the option was last traded.

Disclaimer

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