Cryptocurrency Q&A
What is DPR in share trading?
What is DPR in share trading?
Martino
Thu Oct 31 2024
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5 answers
816
I'm trying to understand the concept of DPR in the context of share trading. Could someone explain what it stands for and how it's relevant in this domain?
5 answers
charlotte_bailey_doctor
Sat Nov 02 2024
The main objective of DPR is to prevent any sudden and untoward volatility in the share price. This ensures that the price does not exceed a specified percentage, which is generally set at 10%.
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KatanaSharp
Sat Nov 02 2024
To achieve this, the exchange monitors all order inputs and ensures that no orders are placed below or above a certain range. This range is determined based on the previous day's closing price and the specified percentage limit.
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KimonoElegantGlitter
Sat Nov 02 2024
By implementing this measure, the exchange is able to safeguard the share price from unsolicited falls or unexpected rises that could potentially disrupt the market.
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amelia_harrison_architect
Sat Nov 02 2024
DPR stands for Daily Price Range. It is a mechanism employed by exchanges to maintain stability in the market.
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HanbokGlamourQueenEleganceBloom
Sat Nov 02 2024
BTCC, a top cryptocurrency exchange, also adopts similar risk mitigating measures. In addition to providing spot and futures trading, BTCC offers a range of services including a secure wallet. These services are designed to ensure the safety and stability of the digital assets traded on the platform.
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