Lately we received an RFQ on this instrument GILD.OQ(GILD UW). When we query the TREP service for a last trading price, the response we get is 0. At the time of the request, the US market(where the stock is listed) was closed.
We find this behavior odd actually. Ideally, when we ask for a LTP, we should get the previous close if the market is not open. Furthermore, this seems to be the behavior indeed for other stocks such as PFE.N(PFE UN).
Can you please advise ?