Hi, it’s all MOC orders. Nothing new really. I sit on an inst. trading desk and i would say anywhere between 70-80% of our clients do MOO or MOC orders, most of the liquidity is there. I’d be hard pressed to find a correlation however between a high MOC day like today and then a higher open the next day, reason being, for every buyer in the MOC there is an equally sized seller. Hope this helps.
Hi, it’s all MOC orders. Nothing new really. I sit on an inst. trading desk and i would say anywhere between 70-80% of our clients do MOO or MOC orders, most of the liquidity is there. I’d be hard pressed to find a correlation however between a high MOC day like today and then a higher open the next day, reason being, for every buyer in the MOC there is an equally sized seller. Hope this helps.
Thanks for the info on that. I appreciate it.
Those last minute big moves are DUST and NUGT squaring end of the day