FULL FORM OF LTP
LTP stand for Last Trade Price. Stock price are always fluctuates according to availability of shares for sale and the demand for the those shares. At any time the price seen of the stock is called last traded price. Stock price is not set by anyone. Those who have share to sell put a price willing to sell and those who want to buy shares put a price willing to pay. Stock exchanges then match buyers and sellers. The seller received the bid price,the buyer pays the ask price so the transaction completed.
It can be understand in simple buyers place bids in the market mentioned how much they wish to buy and at what price. Seller post an offer also known as ask stipulating how much they want to sell and what price. Whenever a buy and sell order come together at the same price and transaction completed ,an last traded price is created.
It can be understand in simple buyers place bids in the market mentioned how much they wish to buy and at what price. Seller post an offer also known as ask stipulating how much they want to sell and what price. Whenever a buy and sell order come together at the same price and transaction completed ,an last traded price is created.
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