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November 20, 2024 at 1:00 p.m. EDT
Overnight Asian markets were mixed but European indices were bouncing ahead of the US open recouping some of yesterday’s losses. US futures also traded modestly higher overnight but came off the best levels just ahead of the bell following another missile strike in Russia. Equities came under additional pressure after the open retesting yesterday’s low again (~5,850) which has held thus far. As we head to print, the S&P 500 is down 27pts to 5,890 (-0.5%), the Dow is down 58pts to 43,211 (-0.1%), while the Russell 2k is down 11pts to 2,314 (-0.5%). One other thing to note about the volatility over the last two days, this morning was the expiration of the November VIX future contract, which was heavily used to protect election risk, this is likely adding to the choppiness.
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The Significant Imbalance utilizes a dynamic formula by referencing the notional amount of the imbalance at 3:50 pm and stock-specific characteristics rather than a static trigger of 500 round lots (50,000 shares ) as the previously named Regulatory Imbalance. Early results show improved closing auction performance since its introduction
NYSE is hosting an academic/industry conference covering U.S. Equity Market Microstructure and its intersection with AI on November 11, 2024.
NYSE has updated its NYSE Auction Graphical Interface to include three months of open auction imbalance data, providing investors with insight into liquidity opportunities in the NYSE Open Auction.
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NYSE Senior Market Strategist, Michael Reinking, offers his weekly update on the market and a look to key upcoming catalysts.
The NYSE Data Science team looked at the dollar cost saving for imbalance-offsetting auction orders and the likelihood of such orders being executed at favorable auction price.
NYSE Research explores market trends, analyzes exchange products and trading situations, and offers data-driven perspectives on key policy matters.
Exchange-traded products are one of the fastest growing investment products in the world, combining the simplicity of stocks with the diversified risk of mutual funds.
Through a dual options market structure, traders and brokers have choice and flexibility that comes from a mixture of electronic trading and open outcry interaction.
Our new integrated trading technology platform that will enable member firms to connect to all of our equities and options markets using a single specification.
Get news and insights from ICE.
Exchange-traded products are one of the fastest growing investment products in the world, combining the simplicity of stocks with the diversified risk of mutual funds.
Through a dual options market structure, traders and brokers have choice and flexibility that comes from a mixture of electronic trading and open outcry interaction.
Our new integrated trading technology platform that will enable member firms to connect to all of our equities and options markets using a single specification.
Get news and insights from ICE.