RE: To be continued...12 May 2023 17:21
Msk. At least twice a day, at the beginning and end of the trading day, outstanding sell and buy trades extant in the system are netted off against each other in a process known as "Uncrossing" (called opening and closing auctions). This results in a net position which is called an uncrossing trade and which normally determines the opening and closing SPs for the day.