Last Price
The price of the most recent trade — the number everyone means by "the price".
What it means
The last price is simply the price at which the most recent trade executed. It is not a promise you can buy or sell there — the tradable prices are the best bid and ask; the last price only records where the latest match happened.
In fast markets the last price can sit outside the current bid/ask for a moment, which is why serious intraday tools show all three.
Why traders care
- Every indicator ultimately derives from it — averages, change percent, ranges.
- Comparing last price to the bid/ask tells you which side initiated recent trades.
In a TraderWe strategy
if Price > OpenPrice and ChangePct > 3:
Buy()Price above today's open with a 3%+ day move.
Related terms
Educational content, not investment advice. Engine details describe how TraderWe computes this value; other platforms may define it differently.