Meaning of CLOSE OR CLOSING RANGE in English

CLOSE OR CLOSING RANGE

The range of prices found during the last two minutes of trading. The average price during the "close" is used as the settlement price from which the allowable trading range is set for the following day.

A guide to futures and options market technology English dictionary.      Английский словарь-руководство по фьючерсам и опционам рыночных технологий .