Öppningsauktionen

öppningsauktionen refers to the opening auction in financial markets, specifically in Sweden. It is the period at the beginning of a trading day when orders are collected and matched to determine the opening price of a security. During this time, buy and sell orders are submitted without immediate execution. The system then calculates the price at which the most shares can be traded, establishing the official opening price for that particular stock or instrument. This process ensures that the market opens with a fair and liquid price, reflecting the prevailing supply and demand dynamics after the market has been closed. The duration of the opening auction can vary but is typically a set period, after which regular continuous trading begins. This mechanism is crucial for price discovery and provides a stable starting point for the day's trading activities on exchanges like Nasdaq Stockholm.