Sluggish Market Volume Set to Spike for Quadruple Witching

Bloomberg2021-03-19

(Bloomberg) -- Equity traders frustrated by this year’s low volumes are getting ready for a big liquidity boost.Options and futures on indexes and equities are scheduled to expire Friday, a quarterly ...

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Comments

Poopingmons
2021-03-21
Poopingmons
No
YongYufei
2021-03-21
YongYufei
Response my comment thanks
- YongYufei:
  Thansk
- YongYufei:
  Thanks
- HermanL:
  well
Phoebella
2021-03-19
Phoebella
Yes
Zhenghao
2021-03-19
Zhenghao
Oooo
刘德华Andylau
2021-03-19
刘德华Andylau
?
- Zhenghao:
  Nice
BlessedCCK
2021-03-19
BlessedCCK
please like thanks

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The event usually brings single-day volumes that rank among the highest of the year -- welcome news for investors who need to shuffle big holdings.There’s a lot to shuffle. The broad rotation away from stocks that benefited from the pandemic lockdowns to ones that should thrive as the economy bounces back means that exchange-traded funds and quant traders may be forced to dramatically switch positions, in what could become the most turbulent rebalance ever.Quadruple witching arrives in the wake of tepid trading, with an average 12 billion shares changing hands in the past four days, the slowest since December. The light volume reflected investor hesitation to place big bets around Wednesday’s Federal Reserve Open Market Committee’s policy announcement and as rising yields are wreaking havoc on risky bets, from unprofitable technology firms to newly minted stocks.Sentiment is “neurotic but net bullish, especially after such an important FOMC meeting,” said Michael Purves, chief executive officer at Tallbacken Capital Advisors. “Sometimes it takes the market a bit of time to get strong conviction one way or the other.”Investors started to reassess equity risks as 10-year Treasury yields marched above 1.7%, the highest in more than a year. While the S&P 500 reached an all-time high this month, boosted by economically-sensitive companies like banks, the benchmark has yet to break the 4,000 mark.Partly driven by a retail-driven rush for call contracts to chase winners, the size of option expiration this time is by some measure unprecedented. 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my comment thanks&nbsp;","listText":"Response my comment thanks&nbsp;","text":"Response my comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/350724567","repostId":1114207684,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3849298,"gmtCreate":1616375595817,"gmtModify":1680781215582,"authorId":3576243705895352,"author":{"id":3576243705895352,"idStr":"3576243705895352","authorId":3576243705895352,"name":"YongYufei","avatar":"https://community-static.tradeup.com/news/31b67b56ec86a7146c596283712c91d9","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":350724567,"type":1,"supId":3846327,"prevId":0,"content":"Thansk ","text":"Thansk ","html":"Thansk 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