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kevindenver

08/21/21 8:48 AM

#326753 RE: RedShoulder #326713

Nasdaq Closing Cross

https://www.nasdaqtrader.com/content/productsservices/Trading/ClosingCrossfaq.pdf

"Almost 10% of Nasdaq’s average daily volume occurs in the closing auction. Providing true price and size discovery, the closing auction determines benchmark pricing for index funds and other investment strategies. To understand the inner workings, here’s what market participants are asking."