What is the matching strategy done and how is opening price of a stock determined?
Person A bids ₹1000 for 10 shares.
Person B sells at ₹950 for 5 shares.
Person C sells at ₹900 for 5 shares.
I assume these are matched with each other? And then what is the opening price and the price which A pays or b/c gets.
the mechanism is given here https://www.nseindia.com/products-services/equity-market-pre-open but i think its impossible to calculate it manually. how can one find the order book of pre open session? what about hidden orders. its close to impossible.
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Not for calculating manually, just for understanding