That big 1.8 billion ES trade was probably Putin going long - note the huge $80,000,000 draw down this trade incurred only hours into it - talk about the puke bucket. If they made it through that jolt they scored a few hundred fast points and still going! http://ismboard.com/how-the-biggest-e-mini-futures-trade-of-2016-sent-the-market-soaring/
It clearly hit the ES. I just happened to be sitting there when it happened. The IB Book Trader bar just disappeared and the whole thing looked like it was having a seizure for a few seconds then we were much higher. I've seen other big trades - not as big as this one but still sweeping the standing orders up several points - mid day, a few times over the past week or so.
If all it takes is $80M to start a market rally, or at least a day long spike, why aren't fund doing this all the time? Even better on the sell side.
I'd imagine that it's more targeted at breaching key levels at off hours and creating a cascade type effect in certain markets.
This thread is discussing the trade that occurred on Wednesday last week. The thread starter posted a story about the big size going through in the middle of the day. H.
K - My freakin charts from several different brokers/platforms does not show this big trade on the 1 minute chart. If you don't mind can ask what platform you are using?
Esignal - thanks for that info . Suprised this trade did not register in IB or TradeStation on the intra-day volume.