Making-up price¶

A historical stock-exchange settlement price used to close and reopen a carried speculative position between account periods.

Version: v1 · 2026-09-08 · History
Domain-specific #: 5441
Origin domain: financial market history
Subdomain: financial market history

Core Idea¶

The practice belongs to historical British account and carry-over systems, fixing conventions varied by exchange and date and it is not a modern mark-to-market price by default. On carry-over day the exchange fixes a reference near the current market price; an open position is notionally sold for the expiring account and simultaneously repurchased for the next at that value. The abstraction is therefore identified by a declared carrier, a transformation or constraint over that carrier, and an invariant that tells an analyst whether the named structure is genuinely present.

Scope of Application¶

Making-up price belongs to financial market history and is useful where the analyst can specify the typed financial market history carrier, including objects, relations, parameters, conventions, evidence, boundaries, and comparison targets, then evaluate the exchange and historical account system, security and position, old and new settlement accounts, carry-over day and fixing time, market-price reference, simultaneous closing and reopening bargains, contango or backwardation relation and accounting and regional convention are explicit. The scope is broad within that domain but bounded by the need for the exchange and historical account system, security and position, old and new settlement accounts, carry-over day and fixing time, market-price reference, simultaneous closing and reopening bargains, contango or backwardation relation and accounting and regional convention are explicit.

Clarity¶

The abstraction clarifies a crowded vocabulary by making the exchange and historical account system, security and position, old and new settlement accounts, carry-over day and fixing time, market-price reference, simultaneous closing and reopening bargains, contango or backwardation relation and accounting and regional convention are explicit the center of the account. A claim should name the carrier, the governing operation or relation, the applicable assumptions, and the recognition test.

Manages Complexity¶

Without the abstraction, an analyst must reason directly over many local details: the carrier roles, admissibility assumptions, competing conventions, derived invariants, boundary cases, and proof or validation obligations specific to Making-up price. Making-up price compresses them into the roles in the structural signature. That compression permits comparison across instances without erasing the variables that determine validity. It also exposes which details may be varied safely and which are constitutive.

Abstract Reasoning¶

Identify the carrier. State what the elements, states, objects, or observations are: the typed financial market history carrier, including objects, relations, parameters, conventions, evidence, boundaries, and comparison targets. Reject examples whose alleged carrier belongs to a different problem. 2. Lock the constitutive rule. Express the exchange and historical account system, security and position, old and new settlement accounts, carry-over day and fixing time, market-price reference, simultaneous closing and reopening bargains, contango or backwardation relation and accounting and regional convention are explicit independently of one notation or implementation.

Knowledge Transfer¶

Knowledge transfers strongly among subfields of financial market history because they reuse the typed financial market history carrier, including objects, relations, parameters, conventions, evidence, boundaries, and comparison targets, On carry-over day the exchange fixes a reference near the current market price; an open position is notionally sold for the expiring account and simultaneously repurchased for the next at that value., and type the carrier, state every parameter and convention in the definition, test that the exchange and historical account system, security and position, old and new settlement accounts, carry-over day and fixing time, market-price reference, simultaneous closing and reopening bargains, contango or backwardation relation and accounting and regional convention are explicit, compare the nearest accepted identity, and report counterexamples, uncertainty, and limiting cases.

Relationships to Other Abstractions¶

Current abstraction Making-up price Domain-specific

Parents (1) — more general patterns this builds on

Making-up price is a kind of Measurement Prime

The proposed strict upward parent is prime:measurement.

Hierarchy path (1) — routes to 1 parentless root

Making-up price → Measurement

Neighborhood in Abstraction Space¶

Making-up price sits in a crowded region of the domain-specific corpus (39^th percentile for distinctiveness): several abstractions share nearly its structure, so a description that fits it tends to fit its neighbors too.

Family — Financial Risk & Market Indicators (29 abstractions)

Nearest neighbors

Computed from structural-signature embeddings · 2026-09-08