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Formula to calculate what will be the opening price after an overbid

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Icham Aidibe
10043
Icham Aidibe 2014.12.01 12:30 

Hi,

I'm kinda confuse about the formula to calculte what will be the new price open if I buy/sell on an already opened position.

5 lots @ let's say 15 overbidden by 2 lots @ let's say 20 : (5*15) + (2*20) / (5+2) ?

Is it weighted so?

Alain Verleyen
Moderator
30707
Alain Verleyen 2014.12.01 12:58  
blouf:

Hi,

I'm kinda confuse about the formula to calculte what will be the new price open if I buy/sell on an already opened position.

5 lots @ let's say 15 overbidden by 2 lots @ let's say 20 : (5*15) + (2*20) / (5+2) ?

Is it weighted so?

Yes.
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