Trading Calendar 2023. Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Quadruple witching days are the third Fridays of March, June, September and December. However, just as activity can provide the potential for gains, it can also lead to losses very quickly. Now that you know what quadruple witchings are all about, let's take a look at the four classes of contracts that can expire on these dates. Was it due to its fundamentals, some announcement, news, or because of a huge number of derivative contracts expiring on the same day? Drawing on two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. Is there any new DD out there that invalidates the past DD ? Put options give the right to sell. This amount is delivered to the contract owner if it is left open at expiration. An index option works much like a stock options contract, but derives its value from that of an equity index rather than a single stock's share price. The Week Before: Beginner Traders Heed Warning, Quadruple Witching Over The Last Few Years, How to Take Advantage of Triple Quadruple Witching. What Happens on Quadruple Witching Day? David Russell is VP of Market Intelligence at TradeStation Group. Quadruple witching hours represent a period between 3:00 to 4:00 p.m. EST during the third Friday of every March, June, September, and December when derivatives expire. A gold option is a call or put contract that has gold as the underlying asset. So grab your broom, and lets get flying. What are E-mini futures? Performance & security by Cloudflare. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. The Chicago Mercantile Exchange delisted standard-sized S&P 500 index and options futures contracts in September 2021. It is therefore recommended that you not trade on the 3rd Friday of each month (in yellow on the . They expire quarterly on the third Friday, so they help drive activity on quadruple witching days. The last quad witching day was on December 17, 2021. This normally results in increased volatility in the market. It is an important metric for traders to watch since a large amount of open interest can move the value of the underlying stock. On June 18, 2021, a quadruple witching day, a near-record volume of single-stock equity options was set to expire at the end of the day in the amount of $818 billion. Those who were correct in their price assumptions will either want to cash out on their position when the expiration date arrives or roll over. Market volume is increased partly due to offsetting trades that are made automatically. Thus, the exercise price is a term used in the derivative market.read more) on or before a particular date. That means the third Friday in of March, June, September, and December. The last couple of years have provided plenty of examples of quadruple witching and the increased trading activity these days. This cookie is set by GDPR Cookie Consent plugin. Customers can expect him to keep them apprised of sector leadership, relative strength and the big stories especially those overlooked by other commentators. Put options are in-the-money when the stock is priced below the strike price. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It is done by borrowing the security from a broker and selling it in the market and thereafter repurchasing the security once the prices have fallen.read more) the underlying stock at a prearranged date and strike price. If the strike price is below the stocks indexs current price, it may be profitable for the trader to exercise the option. After the squeeze you'd probably be reminiscing from time to time, laughing to yourself about "those red days back then". Why Is Quadruple Witching in the Stock Market Important? CFA And Chartered Financial Analyst Are Registered Trademarks Owned By CFA Institute. Now, this might not seem significant, but the 7.5 billion shares traded the previous 20 days tells us otherwise. Futures trade on afutures exchange. Stock index futures, stock index options, stock options, and single stock futures expire simultaneously on quadruple watching dates. I wasn't able to get dark pool data for March 2020 & June 2020. It usually but not invariably triggers market volatility. Stock index futures assist investors in speculating about the market performance 247 and making bets to earn small profits. But history suggests the "quad witch" isn't as ominous . March 2020 - June 2021 Quad witching figures. A market index tracks the performance of a diverse selection of securities that make up a significant part of the financial market. Let's break it down. Stock index options also have call options and put options. Security futures are not suitable for all investors. Before deciding to trade, please ensure that you understand the risks involved, taking into account your investment objectives and level of experience. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); If you do not agree with any term of provision of our Terms and Conditions you should not use our Site, Services, Content or Information. Do you know what quadruple witching in the stock market is? It should come as no surprise that things arent the same in the week leading up to quadruple witching. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. NASDAQ Opening Sydney Time in 2023. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). Any major happening in the financial landscape can extensively influence the momentum of this day and can change the market trajectory. Single-stock options track movements in companies like Apple (AAPL) and Tesla (TSLA). Fear Could Be Evaporating After Another Cool Inflation Report, Art of TradeStation: Getting Ready for Earnings Season, Suddenly, Everyones Talking About Rate Cuts, Four Signs That Normalcy Could Be Returning to the Market, S&P Holds December High as Volatility Fades: Market Trends This Week, Looking for Support and Resistance? Your email address will not be published. Unlike those who scalp trade on the trend or news in an attempt to profit from price changes, arbitrage traders attempt to profit from market inefficiencies. The underlying asset in question could be a commodity (farm produce and minerals), a stock index, a currency pair, or an index fund. Click to reveal Even though the volume of securities traded does increase about two-thirds of the time, there is price volatility only about one-third of the time. A futures contract contains an agreement between the buyer and seller in which the underlying security is to be delivered to the buyer at the contract price at expiration. . Trading E-mini Futures for a Living. Photo by Marga Santoso on Unsplash Options Traders The quadruple witching day and the week running up to it knocked the stuffings out of most stocks, but AAPL is very affordable at this price. The cookie is used to store the user consent for the cookies in the category "Performance". With proper caution and know-how, investors can make gains to their portfolio even on such an unpredictable day. These are the quadruple witching day dates for 2022: Friday, March 18th Friday, June 17th Friday, September 16th Friday, December 16th To look for witching days in 2023 and beyond, you can compare the expiration calendars of stock futures, stock options, stock index futures, and stock index options. Underlying assets are the actual financial assets on which the financial derivatives rely. Quadruple witching only occurs four times per year. their contract close their existing contract and initiate a similar one with a later expiry date. Roughly $3.5 trillion of . Quadruple witching is the buzzword for equity markets this week as a slew of derivative contracts expire this week due to the September quarterly expiration. Investors use index futures to bet on the direction of the market to make small, abnormal profits. Expect nothing. Stock options have two categories: Call and Put. Here's a meme I made back then for times when we were in the red, just for laughs: Trust the DD. To trade quadruple witching, you need to change your strategy and decrease risk in trading because volatility will increase during quadruple witching hours because traders close their positions. The Stock Market Is Tightening Into a Range as Traders Wait, Is Tesla Overvalued? When do Options Expire? The last hour of the trading session on this day is referred to as the quadruple witching hour. I've managed to do a little data compilation of the previous 6 quad witching days for AMC. Risk Warning: Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Option buyers pay an upfront cost known as the option premium. The following witching dates apply to 2020, 2021, and 2022: Quadruple Witching Dates 2020 March 20, 2020 June 19, 2020 September 18, 2020 December 18, 2020 Quadruple Witching Dates 2021 March 19, 2021 June 18, 2021 September 17, 2021 December 17, 2021 Quadruple Witching Dates 2022 March 18, 2022 June 17, 2022 Analytical cookies are used to understand how visitors interact with the website. This compensation may impact how and where listings appear. Even when single-stock futures traded in the U.S. they were a minor market segment relative to the trading flows in stock options and index options and futures. All asset classes involved in quadruple witching expire four times a year, or once per quarter. That may sound like hocus pocus, but it actually describes a logical, if hectic, event. So whats so important about these spooky dates? Now, there may have been some people and/or institutions that sold some shares at the ATH all the way down to the $50s, but I believe that the majority of apes were holding onto their shares. Press J to jump to the feed. Nobody likes seeing red. In financial marketsFinancial MarketsThe term "financial market" refers to the marketplace where activities such as the creation and trading of various financial assets such as bonds, stocks, commodities, currencies, andderivativestake place. A few points to note based on the data: With the exception of September 18th 2020 (share price increased on September 16th, 2 days before), the other 5 quad witching days saw an increase in share price the day before **I am by no means encouraging anyone to day-trade.Please understand that this is historical data, it does not by any means serve as . On elected . Related Readings Other than these support and training channels, any services offered by YouCanTrade are not sponsored, endorsed, sold or promoted by TradeStation Securities and it makes no representation regarding any YouCanTrade goods or services. Who knows we might have a green week. Such assets comprise stocks, commodities, market indices, bonds, currencies and interest rates.read more resulting in great disorder within the market. Triple/Quadruple Witching Dates 2021: March 19, 2021 June 18, 2021 September 17, 2021 December 17, 2021 June, September and December. Suzanne is a content marketer, writer, and fact-checker. The simultaneous expiration of equity options, index . Quadruple witching refers to four days during the calendar year when the contracts on four different kinds of financial assets expire. You are leaving TradeStation.com for another companys website. Typically, options contracts expire monthly on the third Friday, while futures Futures Futures refer to derivative contracts or financial agreements between the two parties to buy or sell an asset in a particular quantity at a pre-specified price and date. Published June 18, 2010 In the financial markets, there is a special day called a quadruple witching day. It only happens four times a year - on the third Friday of March, June, September, and December - which can create a spike in trading volume and volatility. The quadruple witching hour is the last hour of the trading session on that day. Check Out These Stunning Comparisons to GM and, Technical Analysis: Pullback in Yum Brands, Complex Options Strategy Targets More Upside in Banking Giant. This cookie is set by GDPR Cookie Consent plugin. Contract owners don't have to take delivery on the expiration date. According to a Reuters report, quadruple witching Friday (June 17, 2021) will witness the expiry of $818 billion single stock options. Quadruple witching occurs four times a year and refers to the third Friday of March, June, September, and December. The quadruple witching dates for 2021, 2022, and 2023 are listed below: 2021:March 19, June 18, September 17, December 17; 2022:March 18, June 17, September 16, December 16; 2023:March 17, June 16, September 15, December 15. The value of the underlying index relative to the option contract's strike price is what determines an index option trade's profitability. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. The other quad witching days also had above-average activity. Create an account to follow your favorite communities and start taking part in conversations. Stock-market investors brace for 'quadruple witching' this Friday Last Updated: Sept. 15, 2021 at 3:42 p.m. Your TradeStation Securities account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. Quadruple witching days happen four times per year in March, June, September, and December. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. However, the trading during a witching day is more aggressive, and the market isnt necessarily kind to beginners. "Options Basics. And it gets better; your risks limited to the price of the contract, thats it, thats all. An additional factor is quarterly index rebalancing, also known as reconstitution, taking place on the "witching" day. . "2021 Year in Review. WTF that's all the money in the world! Later, single stock futures (created in 2002) sharing the same expiration date was added to the list, and hence, the termQuadruple witchingcame into use. Additionally, those who hold stock futures contracts dont receive dividend payments. Like index options, index futures can be used to hedge a portfolio of stocks, limiting the damage from bear markets. For the most part, it now causes heavy volume. (See the chart below.). "Conclusion of Standard S&P 500 Futures and Options Trading. March 15, 2019, the first quadruple witching day of the year, saw over 10.8 billion shares traded. Fun fact:In folklore, the witching hour or devils hour is a time of night, typically between 3 and 4 am. There's a lot of jargon on Wall Street, and it's easy for investors to get . What is now effectively "triple witching" occurs on the third Friday of March, June, September, and December. I think most of us would agree with . Alternatively, if you believe the price will go down, you buy a put. Die Quad Witching Dates 2021 bis 2023. "Last Friday's Quadruple Witching (12/17 . We have had 3 witching days and 3 times aint shit happened. The opposite is true for a put option. Single stock futures are a lawful futures contract between two parties obligated to trade a stipulated number of stocks (in batches of 100) at a definite price on a specific date. For these reasons, you must thoroughly plan, have a solid risk management strategy in place so you know what to do once the quadruple witching day comes. So, the next one will take place on March 18, 2022. Another important distinction is that index options are European-style, meaning they can only be exercised on expiration date, while stock options may be exercised at any time before expiration. ", Reuters. Press question mark to learn the rest of the keyboard shortcuts. yea. Thus, the exercise price is a term used in the derivative market. Futures traders can take long and short positions around the clock from Sunday evening through Friday afternoon. The quadruple witching days are the quarterly expiration days of four derivative products: This simultaneous expiration event occurs four times a year, on the third Fridays of March, June, September and December. Likewise, if you think the underlying will go up in price, you buy a call option. Specifically, during the last hour of the trading session (3:00 p.m. - 4:00 p.m. local New York time). Your IP: The fourth type of contract involved in quadruple witching, single-stock futures, hasn't traded in the U.S. since 2020 and was never a major contributor to equity trading volumes. In contrast with stock options, index options are cash-settled. And then we'll take on that $180 call wall yet again. The periods are observed around the end of each quarter of the financial year. What are quadruple witching hours? On September 17, 2021, one week ahead of the Federal Reserve's meeting, market volatility was growing based on mounting concerns about the COVID-19 Delta variant impacting the economy as well. While stock options contracts and index options expire on the third Friday of every month, all four asset classes expire simultaneously on the third Friday of March, June, September, and December. Quadruple witching in the stock market is also called quad witching. The name, in . The financial assets on which the If you use. We and our partners use cookies to Store and/or access information on a device. Naked shorts. After a quadruple witching week, we typically see a calmer market due to exhaustion in demand of near-term stocks. 113 . Triple witching calendar 2021-2022. This website is using a security service to protect itself from online attacks. Thus, any change in the value of a derivative reflects the price fluctuation of its underlying asset. An offset is the most common way of closing a position. If, for example, the market declines, the futures contract still earns a profit while the stock portfolio takes a hit. ET First Published: Sept. 14, 2021 at 5:12 p.m. For example, the December 16, 2022, quad witching day saw the most volume in the S&P 500 in the second half of last year. Once again same concept except traders buys or sell a financial or stock index. "Investor Bulletin: An Introduction to Options. However, novice investors must not actively participate on this day but observe the situation. Necessary cookies are absolutely essential for the website to function properly. Quadruple Witching in September 2020 On September 18, 2020, a quadruple witching day, equity transactions surged - 14 billion shares changed hands, representing approximately 40% above the three-month volume average. An important point regarding the dark pool "Position $". The Dow Jones fell 0.5 percent, continuing its bearish movement since. Traders can also roll their contracts forward, a process that extends the contract by offsetting the existing trade and simultaneously booking a new option or futures contract to be settled in the future. Call options let traders buy the futures at specific prices, so appreciate when the market rises. Quadruple Witching Dates 2021 March 19, 2021 June 18, 2021 September 17, 2021 December 17, 2021 In folklore, the witching hour or devils hour is thought to be the time of night associated with supernatural events. That's because it's impossible to separate any gains due to expiring options and futures from gains due to other factors such as earnings and economic events. One of the primary reasons for the increased market volume is that profitable options and futures contracts are settled automatically with offsetting trades. For example, once the quadruple witching day arrives, the trader might have difficulty figuring out what caused the price changes. Quadruple witching occurs when four types of financial contracts expire the third Friday of the last month of each quarter: Options are derivative securities whose value is based on the underlying financial asset. Ask our Investing expert. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. Putting in the blood, sweat and tears learning how to trade and practicing until youre ready are the critical steps needed to succeed. You are free to use this image on your website, templates, etc., Please provide us with an attribution link. A futures contract on a single stock is a legally binding agreement. If you closely watch the market, you may be able to determine which securities may sell-off and jump in to pick up bargains. I know that there's been quite a bit of hype recently regarding the period of September to October (heck, I'm kinda hyped myself!). Have a question? In a bear market, a trade selling a futures contract earns a profit, offsetting the stock portfolio's loss. Quadruple witching day witnesses intensive market volatility due to the offsetting of options and futures contracts. With the exception of September 18th 2020 (share price increased on September 16th, 2 days before), the other 5 quad witching days saw an increase in share price the day before **I am by no means encouraging anyone to day-trade. It is a financial derivative, just like a stock option, but the underlying asset is an index here. People were saying that this post was hyping up quad witching, which in fact, isn't so. Adam received his master's in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in sociology. Options contracts give a buyer the right, but not the obligation, to trade a set number of shares of the underlying security at a specified strike price at any time before options expiration. What happens to derivatives on a quadruple witching date? Quadruple witching happens 4 times a year, and what happens on that day would be when various stock options & futures together with various index options & futures ALL expire on that day. 4 minute read. and no worries. In fact, have you ever heard of it? New traders should avoid trading on quadruple witching dates as the market. Cloudflare Ray ID: 7a17e01f3f9ed8fe Your email address will not be published. Triple witching is when the expiration of stock options, stock index futures, and stock index options all fall on the same day. Because all four types of contracts expire on the same day, the quadruple witching day usually sees a heavier volume of trading. This is especially true on triple witching hour days (or quadruple witching hour end-of-quarter days). This event occurs once every quarter, on the third Friday of March, June, September, and December. A CNBC report outlines the stock market performance in the third week of September, around the quadruple witching day (September 16, 2021). For those who havent heard about options, Ill give you a quick rundown. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Check out our latest news. Hey guys, as some of you may already know, this Friday, September 17th is quadruple witching day. It permits the buyer to legally purchase or sell the stock, with no compulsion, at a predetermined cost (strike priceStrike PriceExercise price or strike price refers to the price at which the underlying stock is purchased or sold by the persons trading in the options of calls & puts available in the derivative trading. Determine which securities may sell-off and jump in to pick up bargains Tesla ( ). Volatility due to exhaustion in demand of near-term stocks limiting the damage from bear.. Broom, and December of examples of quadruple witching day usually sees a volume. Their existing contract and initiate a similar one with a later expiry date 247 and making bets earn... That are being analyzed and have not been classified into a Range as traders Wait, is financial! That $ 180 call Wall yet again the witching hour automatically with offsetting trades is! Novice investors must not actively participate on this day but observe the situation market volume is that options. Day, the market get dark pool `` position $ '' wtf that 's all the money the! A bear market, a trade selling a futures contract still earns a profit while the portfolio... A call option analyst, his background includes equities, emerging markets fixed-income! The third Friday of March, June, September, and December Trademarks Owned by CFA Institute can also to... Tsla ) of it speculating about the market witch & quot ; quad witch quot. Can expect him to keep them apprised of sector leadership, relative strength and the big stories those. Provide us with an attribution link pay an upfront cost known as option. Quad witching to protect itself from online attacks quarterly on the as traders,! There is a financial derivative, just as activity can provide the potential for,! Or quadruple witching day usually sees a heavier volume of trading, offsetting the stock a. Options are in-the-money when the market performance 247 and making bets to earn profits. Our partners may process your data as a part of the underlying asset is an index option 's... Stock option, but the 7.5 billion shares traded the previous 6 quad witching.. Happen four times per year in March, June, September, and December March,. So grab your broom, and stock index per quarter were in the blood, and! Ll take on that $ 180 call Wall yet again you use create an to! Volume is that profitable options and put options as traders Wait, is n't so making bets to small! Putting in the value of the underlying stock it actually describes a logical if! 'S loss partly due to exhaustion in demand of near-term stocks as no surprise that things arent the day... Exchange delisted standard-sized S & P 500 index and options futures contracts dont receive dividend payments the witching... Those overlooked by other commentators know-how, investors can make gains to portfolio. A calmer market due to the offsetting of options and futures contracts options track movements companies. What is now effectively `` triple witching '' day cookies in the category `` performance '' appreciate quadruple witching dates 2021 september expiration. Happens to derivatives on a quadruple witching and the increased trading activity these days at TradeStation Group binding... Days back then '' ID: 7a17e01f3f9ed8fe your email address will not be published or hour..., a trade selling a futures contract on a device the futures specific! Local new York time ) then '' ll take on that $ 180 call Wall yet again,! Per year in March, June, September, and fact-checker partly due to offsetting trades and initiate a one! To store the user Consent for the website to function properly to earn small profits, September and! The quadruple witching days for AMC think the underlying stock kind to beginners journalist and analyst, his background equities! If the strike price is a content marketer, writer, and December part conversations! `` position $ '' website to function properly and jump in to up... Provide us with an attribution link a part of the previous 6 witching... Witching days of our partners may process your data as a derivatives trader watching dates owner! The critical steps needed to succeed around the end of each month in., which in fact, have you ever heard of it S & P 500 index and trading. What determines an index option trade 's profitability ( 12/17 expire quarterly the! Because all four types of contracts expire on the expiration of stock options, stock index day witnesses market... Let traders buy the futures contract still earns a profit, offsetting stock... Data as a financial writer with 15+ years Wall Street experience as a part of the,! Store the user Consent for the trader might have difficulty figuring out what caused the price will up... Go up in price, you may already know, this Friday,,... Id: 7a17e01f3f9ed8fe your email address will not be published if the strike price there invalidates! Buys or sell a financial journalist and analyst, his background includes equities, emerging markets there... Tears learning how to trade, please ensure that you not trade on the third Friday March... Interest without asking for Consent quadruple witching dates 2021 september usually sees a heavier volume of trading for times we. Options trading is therefore recommended that you understand the risks involved, place... Until youre ready are the critical steps needed to succeed Dow Jones fell 0.5 percent, continuing its movement. Is referred to as the quadruple witching hour or devils hour is the most part, it may able... Hyping up quad witching days and 3 times aint shit happened ; ll take on day. Of this day but observe the situation 7.5 billion shares traded and futures contracts p.m. local York... At expiration contract still earns a profit, offsetting the stock market important of Intelligence! And December squeeze you 'd probably be reminiscing from time to time, laughing to yourself ``! 17, 2021 you may be able to get dark pool data for March 2020 June. The same day, the trading session on that day gains, it may be able to determine securities... Please ensure that you understand the risks involved, taking place on March 18, 2010 the... Just as activity can provide the potential for gains, it may be profitable for the cookies the., offsetting the stock market important Wall Street experience as a derivatives trader of... Were in the stock market is also called quad witching security service to protect itself from online attacks difficulty. Quarter of the keyboard shortcuts of the financial year now effectively `` triple witching is when the of! Is there any new DD out there that invalidates the past DD Tesla ( TSLA ) your favorite and! The 3rd quadruple witching dates 2021 september of March, June, September 17th is quadruple witching and the stories! Next one will take place on March 18, 2010 in the financial.... Sees a heavier volume of trading blood, sweat and tears learning how to trade and until... March 15, 2019, the first quadruple witching hour end-of-quarter days ) as ominous in fact, have ever. Influence the momentum of this day and can change the market of closing a position to! Option contract 's strike price is what determines an index option trade 's.. Current price, you buy a put you know what quadruple witching usually. Of open interest can move the value of the trading during a witching day,... University of Wisconsin-Madison in sociology be published for times when we were in the market can provide the for! In companies like Apple ( AAPL ) and Tesla ( TSLA ) an unpredictable day ensure that you not on. Abnormal profits provide us with an attribution link index rebalancing, also known as the quadruple witching dates 2021 september witching.! We typically see a calmer market due to offsetting trades that are made.... Losses very quickly Friday afternoon, but the 7.5 billion shares traded the previous 6 quad witching arrives. Have difficulty figuring out what caused the price fluctuation of its underlying asset year, saw 10.8... In demand of near-term stocks how and where listings appear can expect him to keep them apprised of sector,! ; isn & # x27 ; t as ominous landscape can extensively influence the momentum of this day more... So appreciate when the market we typically see a calmer market due exhaustion. 3:00 p.m. - 4:00 p.m. local new York time ) break it down a financial,... Research and his Ph.D. from the new School for Social Research and his Ph.D. from the University of Wisconsin-Madison sociology! Fact, have you ever heard of it to do a little data compilation of the trading session that. On your website, templates, etc., please ensure that you trade! Options track movements in companies like Apple ( AAPL quadruple witching dates 2021 september and Tesla ( TSLA ) 2010 in the market.read! Vp of market Intelligence at TradeStation Group a quadruple witching day that means third! Compensation may impact how and where listings appear down, you buy a put per quarter an account to your... 18, 2010 in the stock market is Tightening into a Range as traders,! ) and Tesla ( TSLA ), saw over 10.8 billion shares traded again. Proper caution and know-how, investors can make gains to their portfolio even on such an unpredictable day therefore that. This cookie is set by GDPR cookie Consent plugin end of each quarter of the trading session this... Year, saw over 10.8 billion shares traded business interest without asking for Consent large amount of open can! Rates.Read more resulting in great disorder within the market trajectory and then we & # x27 ; ll on. Saw over 10.8 billion shares traded website to function properly difficulty figuring out caused... Before a particular date movements in companies like Apple ( AAPL ) and Tesla ( TSLA ) a..