Also, (probably because of being the last transaction price) the values could be fairly recent (~1minute).
I thought it was last trade too, but Iāve recently asked three (yes three 
) different Freetrade support and they have all confirmed itās the mid price and not last trade. They specifically said itās not the last trade and has never been that from day 1. They then asked where I had seen it as last trade on the web to try and correct it.
Just on chat again to ask James who wrote this last week.
This could be for a number of reasons, but the most common is that the live price, taken from the market, reflects the āmid priceā of the stock. This is similar to the difference between the FX rate you might see on the news and the rate you can get if you go to buy the currency at a bureau de change. Stocks rarely trade at the mid price, unless you are trading extremely large quantities.
Happy to test another oneā¦ stay tunedā¦
@adam @Viktor or anyone official, can we have a quick reply to confirm what it is. Not that I donāt trust your chat support. Would be great to see it officially stated somewhere what it is.
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Nah, itās Last Trade
The timestamp quoted at the bottom of the page tracks back to LSE trades easilyā¦ and its trade priceā¦
Tested it on several more wider spread stocks so I can clearly see. Not Mid at all. Quite visibly Last.
PRTC, for exampleā¦
Match the timestamps to the FT timestampā¦ itās the trade price (rounded). Not Mid
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I swear this has even been confirmed by employees of Freetrade in other posts as well as the work youāve just done?
If this is the case Freetrade need to update their own staff 
Iāll update hopefully in a few minutes once I get someone on chat.
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Agreed. I really thought this was put to bed and FT had even stated it was Last
I donāt want to say they are wrong, but I suspect they are, err, wrong
Carefulā¦ big brother is always watchingā¦
On high volume, high liquidity stocks itās too hard to calculate. So I remain open to those (like the OCDO example) being different (although to me best guess still says āLastā, but with such a tight spread itās almost impossible to truly say). Most quoted as priced via CBOE seem to be the more liquid variety. But on anything quoted as priced via the LSE the timestamps correlate perfectly. Giving away that it is in fact Last.
Big Freetrade fan. Long time investor. Mean no disservice. 
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OK, Iām remaining open to the possibility that the CBOE quotes are Mid
Stocks are too liquid and too fast to categorically conclude thisā¦ but I think they might be Mid.
So, LSE is Last Trade
CBOE is Mid
Thatāll confuse newbies even more!
Let the complaints beginā¦
I was just about to say I think that both side are partially right!
FT āroundingā the price doesnāt help my maths either
Nor does the timestamp not going to milliseconds ā¦makes it hard to correlate with accuracy
It makes everything a bit āfinger in the airā kinda calculation
But, still, it continues to look like CBOE might be Mid. LSE, Last.
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Some of the stocks listed on the LSE have pricing data produced by CBOE within the Freetrade app right?
So far just got a stock answer, any questions you want me to ask?
Can you please confirm if the price shown is the last trade (either buy/sell) or the mid price of the bids and asks that your data supplier provides you every 15mins? Cheers
Hi there,
The live price shown in the app, reflects the āmid priceā of the stock. This is similar to the difference between the FX rate you might see on the news and the rate you can get if you go to buy the currency at a bureau de change. Stocks are rarely actually bought and sold at the mid price, unless you are trading extremely large quantities.
We display the most recent pricing data available to us from our third party providers. On each stock you can see the time of the latest pricing update at the bottom of the page.
On the bottom of each stock page you can also see the data provider for each stock.
The price you actually pay for an order will always be the market price we achieve at the time your order is executed.
Yes, a lot.
CBOE is a much cheaper data source for liquid stocks also traded on CBOE ( in addition to LSE)
Thatās why thereās no 15 min delay on the CBOE data
But CBOE is utterly useless for low liquidity stocks as it gives a completely misleading last or mid when the trade was 2 days ago. So FT changed and introduced LSE delayed quotes on āsomeā of the universe to cover this gap.
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Any Qās you would like me to ask while I have a support connected? Unfortunately Iāve only had that stock answer so far and I donāt think they actually know as they seem to be regurgitating with copy and paste, so if it goes off script Iām expecting a not sure.
Ask specifically how prices quoted directly from the LSE are derived?
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