FuturesOpening Prices Discrepancies

Discussion in 'Commodity Futures' started by owusu, Sep 30, 2009.

  1. owusu


    can anyone please help figure this out. The opening prices reported by Investors Businesss daily and the opening times reported by the wall street journal is always different for the commodities, even though the High, Low, and settlement prices are always the same. I believe the wall street journal is using the electronic trading opening time at 6pm as the opening, I'm not entirely sure how IBD is getting their opening prices. any help will be greatly appreciated. Thanks
  2. 1) ?....IBD may be gauging its opening price from the pit-session.
    2) For minutia sake, keep in mind that prices open in a "range", not a single price. :cool: