sh 73,not sure what you are asking josh,they are always putting in fake orders pulled at 1 second before open
it's probably just indicated open based on current bids and offers prior to open. like ammo said, they can be pulled anytime before open.
the matching price is determined by the amount of bids above and amount of offers below the matching price. the matching price is determined such that whoever bids/offers better than matching price will have their orders filled at the open (plus orders near the front at the matching price) in your first picture, it was matching at 75 because there were 125 lots on the offer from 75 downwards but there were only total 33 lots on the bid from 75 upwards so if it stayed that way, 33 lots on the bid would get filled at 75, 33 lots on the offer (best price) would get filled at 75 so if you offered 200 lots at 63, you'd move the matching price down
Merkel-Sarkozy meeting http://www.bloomberg.com/news/2012-...euro-rescue-with-berlin-meeting-tomorrow.html
Thanks fishing, this is more along the lines of what I'm looking for. I found this after reading your post and changing my keywords for search a bit: http://finance.kampungtalk.net/2008/01/who-decides-opening-price-stock-how-does-pre-opening-work
Here we go again on the Greece haircut. Now it is probably going to be 75%. When are they going to let Greece go. The EurUsd tells the whole story not to mention 10 year yield closed down 1.6% while market closed down only 0.25%. I should have added to my long portfolio hedge before the close on Friday. Who knows where this market will be after the Markozy meeting.