How AltaX determines and display price information on Alta or Exchange platform
For both digital and non-digital assets, the Last Price is determined by the price at which a buy and a sell order are matched on the Exchange (“Last Traded”), or also known as matched orders.
Last price for Digital asset(s)
In the absence of any matched orders for a digital asset, the exchange will default to:
- Price based on comparable transactions (“Last Transacted”) that involves the same asset or;
- Price based on the initial listing price (“Listing Price”) as determined by the issuance of tokens for same asset
This approach allows investors to benchmark their holdings or order prices against external market valuations, providing a more accurate assessment of the asset's value.
Last price for Non-Digital asset(s)
In the absence of any matched orders for non-digital asset, the exchange will default to:
- The latest recorded ask price on the order book or;
- The latest reference ask price for the underlying asset
Last bid or ask for Digital asset(s)
The last bid and ask prices for a digital asset are shown based on the latest highest bid or lowest ask order that is open and placed in the order book.
If there are no open orders, a dash ("-") will be displayed.
Last bid or ask for Non-Digital asset(s)
The last bid and ask prices for a non-digital asset are displayed based on:
- The latest open bid/ask order in the order book or;
- If there are no open orders, the display will show:
- The most recent known bid or ask price, regardless of its status (closed or expired) or;
- The latest reference bid or ask price that is available