Closing Quote

DEFINITION of 'Closing Quote'

A security's final regular-hours trading price for the day. Because of the forces of supply and demand, the previous day's closing quote will not necessarily be the next day's opening quote. The first trade of the next day will not occur until the first buyer and seller agree on a price. The closing quote is used to compare the change in the price of a security from day to day.

BREAKING DOWN 'Closing Quote'

On most exchanges, securities are traded Monday through Friday, from 9:30am to 4pm EST - except for major holidays, when the exchanges are closed. For the NYSE and Nasdaq, these holidays are New Year's Day, Martin Luther King Jr., Day, President's Day, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day. The highest trading volume still occurs during regular trading hours. However, shares can also be traded pre-market and after hours.

RELATED TERMS
  1. Outside Days

    A term employed by market technicians and day traders. Outside ...
  2. Inside Days

    A charting term used by technical analysts and day traders. Inside ...
  3. Previous Close

    A security's closing price on the preceding day of trading. Previous ...
  4. Day Trader

    A investor who attempts to profit by making rapid trades intraday. ...
  5. Net Change

    The difference between the closing price of a security on the ...
  6. Down Volume

    A stock volume that closes at a price lower than the previous ...
Related Articles
  1. Markets

    U.S. Stock Market Holidays in 2016

    Learn which holidays will be observed during the 2016 equity market trading year and how they have historically performed dating back to 1990.
  2. Markets

    What Are the Federal Reserve's Bank Holidays?

    Obtain a complete rundown of the federal holidays that are observed by the Federal Reserve Bank and learn how they affect the financial markets overall.
  3. Investing

    Introduction - Day Traders

    In this tutorial, we will examine the very short-term trading style known as day trading. In particular, we will show how the trader can create a winning combination by using particular strategies ...
  4. Markets

    Stock Quotes Explained

    Curious about how stock quotes are compiled and what a trader should know about how? Read on.
  5. Investing

    Introduction to Options Types

    Options are often the bread and butter of day traders. Here are some of the more common types of options.
  6. Trading

    Pros & Cons Of Day Trading Vs Swing Trading

    Day trading involves making dozens of trades in a single day, based on technical analysis and sophisticated charting systems. Swing trading is based on identifying swings in stocks, commodities, ...
  7. Trading

    A Guide To Day Trading On Margin

    Buying on margin is a good option if you don't have the cash to day trade.
  8. Trading

    An Introduction To Day Trading

    This article will take an objective look at day trading, who does it and how it is done.
  9. Investing

    The Opening Cross: How Nasdaq Stock Prices Are Set

    The National Association of Securities Dealers Automated Quotations, commonly referred to as Nasdaq, is a computerized marketplace where stocks are traded from 9:30am to 4pm Eastern Standard ...
  10. Trading

    How To Choose Stocks For Day Trading

    Day trading entails trading a stock several times over a day in an effort to profit on its price movements. It’s a risky strategy, but can pay big returns.
RELATED FAQS
  1. What is the best time of the day to trade?

    Unlike traditional investing, trading, or day trading, has a very short-term focus. Analysis may be broken down to days, ... Read Answer >>
  2. How can my stock's price change after hours, and what effect does this have on investors? ...

    Most investors know that the major stock exchanges have standard trading hours - set periods of time each day when trading ... Read Answer >>
  3. How effective is creating trade entries when using Outside Days?

    Learn how outside days provide traders with an opportunity to enter a market with a limited risk level and the opportunity ... Read Answer >>
  4. On what days are the American stock exchanges closed?

    Similar to most businesses, the major stock markets in North America are open for trading on normal business days only (Monday ... Read Answer >>
  5. How do I build a profitable strategy when using Outside Days?

    Learn a potentially highly profitable trading strategy that traders employ when an outside day occurs in trading near a major ... Read Answer >>
  6. Why don't stocks begin trading at the previous day's closing price?

    Most stock exchanges work according to the forces of supply and demand, which determine the prices at which stocks are bought ... Read Answer >>
Hot Definitions
  1. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  2. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  3. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  4. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  5. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  6. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
Trading Center