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You're reading from  Python Algorithmic Trading Cookbook

Product typeBook
Published inAug 2020
Reading LevelIntermediate
PublisherPackt
ISBN-139781838989354
Edition1st Edition
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Author (1)
Pushpak Dagade
Pushpak Dagade
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Pushpak Dagade

Pushpak Dagade is working in the area of algorithmic trading with Python for more than 3 years. He is a co-founder and CEO of AlgoBulls, an algorithmic trading platform.
Read more about Pushpak Dagade

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The last traded price of a financial instrument

The last traded price (LTP) of a financial instrument is the latest price at which an order was executed for that instrument. It is essentially an indicator of the current price at which the instrument can be bought or sold (assuming the liquidity is good). As the description suggests, this data is dynamic in nature and it may change continuously during the live trading hours. This recipe shows how to fetch the LTP of a financial instrument.

Getting ready

Make sure the broker_connection and instrument1 objects are available in your Python namespace. Refer to the Technical requirements section of this chapter to set up broker_connection. Refer to the Attributes of a financial instrument recipe of this chapter to set up instrument1.

How to do it…

Fetch and print the LTP of instrument1:

>>> ltp = broker_connection.get_ltp(instrument1)
>>> print(f'Last traded price: {ltp}')

We get the following output (your...

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Python Algorithmic Trading Cookbook
Published in: Aug 2020Publisher: PacktISBN-13: 9781838989354

Author (1)

author image
Pushpak Dagade

Pushpak Dagade is working in the area of algorithmic trading with Python for more than 3 years. He is a co-founder and CEO of AlgoBulls, an algorithmic trading platform.
Read more about Pushpak Dagade