Also known as the range. The high and low prices, or bids and offers, recorded during the period designated as the official close. Related: Settlement price.
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The highest bid and the lowest offer made on an exchange during the period immediately preceding the close. The closing range is closely related to the closing price.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
In futures trading, the range of prices at which transactions occur during the close of the market.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.