Financial Glossary Header Image

Indicative Calculated Closing Price (ICCP)

Updated on March 6, 2023

Indicative Calculated Closing Price (ICCP) was a feature on the Toronto Stock Exchange, which provided a preliminary indication of the calculated closing price for a Market-on- Close (MOC) security during the regular trading session.It was calculated without using any volatility parameters and was published to the trading community at 3:50 PM ET, ten minutes prior to the market close. However, it has been discontinued and is no longer in use now.