What are the Reference Price and Indicative Price in ARCA auctions?

Discussion in 'Trading' started by bellman, Apr 6, 2016.

  1. bellman

    bellman

    I'm looking at some imbalance data and I don't understand what the reference price, near indicative price, and far indicative price are (and how they might be used to interpret the imbalance numbers).

    Any knowledge shared would be greatly appreciated.
     
  2. round number
     
  3. bellman

    bellman

    round number has nothing to do with either.