---
title: "Why is there a difference between the LTP and closing price on exchange?"
description: "The difference exists because the Last Traded Price (LTP) represents the actual last traded price, while the exchange calculates the closing price as a…"
category: arrow
subcategory: trading-faqs
slug: why-is-there-a-difference-between-the-ltp-and-closing-price-on-exchange
canonical: https://support.arrow.trade/arrow/trading-faqs/why-is-there-a-difference-between-the-ltp-and-closing-price-on-exchange/
---

# Why is there a difference between the LTP and closing price on exchange?

> The difference exists because the Last Traded Price (LTP) represents the actual last traded price, while the exchange calculates the closing price as a…

## Short answer

The difference exists because the Last Traded Price (LTP) represents the actual last traded price, while the exchange calculates the closing price as a weighted average of the last 30 minutes of trading. As a result, the closing price on daily charts also does not match the LTP since the exchange updates it using the Exchange's Bhavcopy's closing price.

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Source: https://support.arrow.trade/arrow/trading-faqs/why-is-there-a-difference-between-the-ltp-and-closing-price-on-exchange/
Publisher: Arrow / iRage Broking Services LLP