futures crashing post market ?

Discussion in 'Trading' started by oktiri, Nov 14, 2008.

  1. I have YM 8357 ?? WTF
  2. yup

    closed till Monday
  3. Minus 14. That's no big deal, I wouldn't call it a post market "crash".
  4. but that's 100 below fair value. why ?
    if anything any G20 reoslution should push stocks higher
  5. kxvid


    Its not a crash at just 100 points below fair value. Futures usually overextend the days trading after hours, so not surprising.
    Also YM trades on Sunday people.
  6. nhorob


    Because they are futures. If they stay at a large negative FV, the cash markets will open lower on Monday.
  7. What is FV?
  8. FV is a reference to 'Fair value'.
  9. fair value - what the cash index closed at