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Thomas,
You bring up a subject that is worth some thought. I have sometimes seen on
stocks that the last trade of the day occurred after the market has closed.
When creating bars 2000i ignores anything after the close(timewise) of the
day. I didn't delve in to what was the reported closing price for the day
and didn't raise the issue of whom reports that closing price and is there
anything official. Given that there are many different vehicles(exchanges)
one then has to ask themself what they want to track. Do you want to use the
same numbers as others so you can talk the same language or is defining your
own close worth the effort.
I do feel that if I expanded the market end time in my GS that I would get a
more accurate closing price. I then will have to adjust some of my systems
to capture that data. The results might then be out of line(or more in line)
with what is reported. Let me know what you think.
Jim Bronke
Phoenix, AZ
----- Original Message -----
From: "Thomas Alexander" <alexander_enterprises@xxxxxxxxx>
To: "Omega List" <omega-list@xxxxxxxxxx>
Sent: Saturday, August 04, 2001 9:56 AM
Subject: Close vs Settlement vs tick final
> Good morning!
>
> A few years ago my first ex-wife, who is also a quadruple
> planet Virgo, bought me a T-shirt that said, "Does
> Anal-Retentive have a Hyphen?"
>
> In light of that shirt, I would have imagined that a
> closing price = settlement price = last tick of the day.
> Looking at DTN and Esignal tick and close data and CBOT
> data postings, apparently they are not. Could someone clue
> me in as to why? And if I were to edit my data in the
> Global server, would I edit the daily close to the CBOT
> settlement or the CBOT close? Should I edit my tick data so
> that the last tick reads the same as the close of the day
> or the settlement?
>
> Thomas "I Like to Date Around but I'm Monagamous with Data" Alexander
>
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