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The latest price at which a stock, commodity, or currency was exchanged in the market during a trading day is referred to as the last traded price or LTP. The LTP signifies the most recent transaction price for that particular asset. Since each stock is traded at a distinct price, the previously sold price varies from one stock to another. For investors and traders, the LTP holds significance as it offers insights into the current market value of the asset. Additionally, it provides information about the asset's price movement direction and the extent of market activity.