Index trading at 350pm

Discussion in 'Index Futures' started by sammybea, Apr 29, 2020.

  1. Anybody know who is responsible for spiking the futures in either direction at 350pm eastern? It been happening everyday for weeks now.
     
  2. DevBru

    DevBru

    MOC imbalance.
     
    7out and sammybea like this.
  3. maxinger

    maxinger

    I don't see any spike.

    pse post the pix
     
  4. fan27

    fan27

    That was me. Market could not handle my 2 lot.
     
  5. Overnight

    Overnight

  6. wrbtrader

    wrbtrader

    Yep, billions of dollars in imbalance /rebalance...its one of those quarterly market tendencies.

    There's daily, monthly and quarterly tendencies...this is one of the big ones. Some professionals make most of their money off this stuff while ignoring everything else as in its just pocket change to those tendencies.

    wrbtrader
     
    sammybea likes this.
  7. Thanks everyone. Never guessed it was MOC imbalances. HFT's must love it.
     
  8. wrbtrader

    wrbtrader

    They're loving it too because of the timing...essentially this is their bail out money considering they're not suppose to get any of that stimulus package. :D

    wrbtrader
     
  9. tomas262

    tomas262

    i notice too when tradin last half hour. Seems sometimes also at 355pm but 350 seems more significant. when are MOC executed actually? do not use them and thought it was later
     
  10. DevBru

    DevBru

    They are executed at the close but the numbers get released at certain times which causes these spikes if there is a significant imbalance.

    [​IMG]
     
    #10     Apr 30, 2020
    tomas262 likes this.