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TSX vol went from 1.5 million at the close to 8.4 million at the close very odd

GeoffParker2343

Dec 20, 2013 05:03PM

Re: TSX vol went from 1.5 million at the close to 8.4 million at the close very odd

GeoffParker2343

Dec 20, 2013 05:10PM

Re: TSX vol went from 1.5 million at the close to 8.4 million at the close very odd

drandres

Dec 20, 2013 07:11PM

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Re: TSX vol went from 1.5 million at the close to 8.4 million at the close very odd

in response to

Re: TSX vol went from 1.5 million at the close to 8.4 million at the close very odd

drandres

posted on Dec 27, 2013 01:47PM

With last Friday being the last trading day for 2013 effective status,
The funds that trade indexes had to rebalance their holdings.....

Win was removed from the growth index meaning selling took place leading up to Friday from when the changes were announced.

Win was added to the dividend index meaning buying after having previously sold off the growth index... some just traded one index to the other last Friday.

Trading of 10 percent of outstanding stock in one hour after hours sounds impressive but just year end rebalancing ..... JMHO

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