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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.