All books

Professional

Apps About Coach Log in Start reading

Quantitative Finance · Glossary

What is Marking the close?

Definition 29.4 Strategies II: Volatility, Relative Value, Macro and the Bank Desks · Chapter 29 — Manipulative Strategies and How They Are Caught

Marking the close (banging the close) is trading heavily just before and during the closing period to move the closing or settlement price, to benefit a position whose value depends on that price.

Read in context →