Sometimes the opening auction price differs from the opening price quoted on Yahoo Finance, Google Finance or my trader work station. Where can I check the NYSE opening auction price? I shorted a NYSE listed stock at the opening auction at a price of 14.74. Yahoo Finance, Google Finance and the trading workstation of my broker quote the opening price at 15.35 and 15.28. I want to make sure that the opening auction price was indeed 14.74. Thank you.
If NYSE opens late, as it often does, some sites may report the first trade after 9:30am, which may not be NYSE. In fact, the NYSE auction can trade through the other exchanges' prices and give you a really bad price. Not a market order I hope. I would ask your broker.
Open up Time & Sales, look at the trade and their sizes, opening auction size is typically quite a bit more than the initial off the main exchange 9:30:00-05 trades.
Thank you d08. Thank you. I checked the volume bar at 1 minute intervals and confirmed that volume spiked at 9:38 where my order was executed. The Time & Sales function is better, though, because it made it possible to identify the exact opening cross because the volume was much bigger at that cross than at any other transaction. Thus I could confirm that 14.74 was indeed the opening auction price. Thank you again for the advice.