Many readers look up what Cmp means in crypto; in crypto trading and in finance, it refers to the Current Market Price—the live quote at which an asset can be bought or sold right now. In casual usage, this live quote is often called the market price, although “market price” can sometimes be used more loosely (for example, to mean the most recent trade or a reference price shown by a platform). Each new transaction can refresh the quote, with changes shaped by executed prices, trading volume, order-book liquidity, shifting sentiment, breaking news events, macroeconomic data releases, and large trades that quickly move through available buy/sell depth.
Because orders match continuously, the number on screen moves constantly. On most platforms, the quote updates in real time—often with every executed trade and as the best bid/ask changes. This applies to both stocks and crypto, but crypto markets are typically 24/7 and fragmented across venues, so update cadence and displayed prices can vary by exchange and data feed; stocks generally update continuously during market hours, and what you see may depend on whether your feed is real time or delayed.
Do not confuse this live quote with the Last Traded Price (Ltp), which is simply the price at which the most recent trade was completed. While the Ltp often influences the Cmp—especially when turnover is high—they are not identical, and they can diverge sharply during fast moves, thin liquidity, or wide bid-ask spreads (for example, when the last trade printed at one level but the next available buy/sell quotes sit meaningfully above or below it). Cmp is the price available for a new trade at this instant, whereas Ltp records where the last fill occurred.
When a buyer and seller agree on a fresh level—whether or not it equals the posted quote—that agreed figure becomes the next Ltp. Immediately afterward, the visible quote adjusts; the refreshed Cmp may sit slightly above or below the Ltp as depth, liquidity, and market mood evolve in real time.
How to Find the Current Market Price (Cmp)?
You can view a stock’s live quote on major finance portals or through your brokerage platform. If you already use a broker, the web or app dashboard will show the current price for each instrument. On the Enrich Mobile Hunt trading platform, open a stock’s page and check the top-left area to see its Cmp.
How to Use Cmp in Trading?
Cmp is useful for timing entries and exits, but it is not fully reliable on its own for making crypto trading decisions. In crypto especially, rapid volatility, spreads, slippage, sudden liquidity gaps, exchange-to-exchange price differences, and fees can make the displayed quote an imperfect guide to what you actually get filled at, so it’s better used alongside order-book depth, volume, risk limits, and your execution plan.
Cmp is a helpful snapshot of where the market is right now, but in fast or thin crypto markets it can change before your order lands—so treat it as a reference, not a guarantee of your final fill.
Ways to Use Cmp for Trading: 1. Market Order
A market order seeks immediate execution at the prevailing quote. By the time the order reaches the exchange—often within seconds—the fill may differ a bit from the displayed number because the quote updates with every match.
2. Limit Order
A limit order instructs the platform to buy or sell at a defined price level relative to the current quote and is triggered when the CMP reaches that level or improves. Traders often place a sell limit to secure profit after entering at a lower price, telling the broker to execute once the target is met and lowering the chance that a pullback eats into gains.
- Set a buy limit to build a position at a cheaper entry.
- Fills at the chosen price are not guaranteed.
- If the order is not executed, it stays open.
- If it remains unfilled during the session, it can roll over to the next trading day.
3. Stop Order
A stop order takes effect when a predefined stop threshold is triggered, after which it is forwarded to the market for execution. Most often used as a stop-loss, a sell stop is set below the CMP; if the price breaks through that point, the position is closed at the best available price on the market to cap further downside.
A buy stop is placed above the current quote and activates when bullish momentum continues. The main difference compared to a limit order is simple: a limit specifies a target price or better for execution, while a stop only brings the order live once the stop level is reached or exceeded, so the eventual fill price can vary from the stop level.
Conclusion
Cmp is the live trading price of a stock on the exchange. It is shaped by the Ltp, volume, liquidity, and sentiment, yet it is distinct from the Ltp.
| Order Type | How It Uses Cmp | Execution Condition |
|---|---|---|
| Market order | Aims to execute immediately near the current quote. | Executes as soon as it reaches the market, at the best available price. |
| Limit order | Sets a target relative to the live quote. | Executes only at the limit price or better, if available. |
| Stop order | Uses a stop level relative to the live quote to activate an order. | Activates when the stop level is reached or breached, then fills at the best available price. |
