Closing Price Trading

In mature markets like the US stock market, the closing price (Closing Price) holds significant reference value. It’s not only a summary of daily trading sentiment but also a benchmark for index calculations, fund net asset valuation, and portfolio valuations. Consequently, trading demand focused on closing prices has emerged. Within the Interactive Brokers (IB) trading platform, MOC (Market-on-Close, Closing Price) and LOC (Limit-on-Close, Limit Price) are important order types that allow investors to execute trades at the close.