tehinguhindade

Tehinguhinnad are the prices at which financial instruments are actually traded, i.e., the execution prices of completed deals. They arise from matched orders on trading venues or from bilateral negotiations in over‑the‑counter markets. In stock markets, tehinguhinnad represent the price at which a trade is recorded and subsequently published as market data. They reflect realized transactions, contributing to price discovery and indicating the liquidity available at the moment of execution.

The concept covers trades of various instruments, including equities, bonds, derivatives and commodities. In exchange trading, tehinguhinnad are determined by supply and demand at the moment of matching, potentially differing from prevailing quotes due to market depth, order size, or speed of execution. In OTC markets, prices are negotiated directly between counterparties and may include additional terms or fees.

Publication and use of tehinguhinnad vary by market but commonly include the time of trade, instrument, price and traded volume. Real‑time or delayed data feeds make tehinguhinnad accessible to traders, analysts and researchers. Analysts use these prices to assess liquidity, volatility and realized returns, while risk management models often rely on actual trade prices for valuation. Regulators monitor tehinguhinnad to ensure market integrity and transparency.

In Estonia, the main stock market operates within Nasdaq Baltic, with Nasdaq Tallinn hosting listed securities. Tehinguhinnad from these trades feed into historical price series, index calculations and performance assessments. The term is applicable across asset classes where execution prices are recorded and reported.