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This explains it all and takes you through a nice example. I am almost certain the NZX follows this algorithm. Worth reading.
https://web.archive.org/web/20130127...ose-prices.htm
Last edited by Vaygor1; 05-11-2013 at 09:00 AM.
Reason: Fixed hyperlink
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Junior Member
Hi Moosie
Could you explain that in layman's terms? I'm a newbie and I was following this thread until your post
Cheers
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