đ§ Market fact: The market doesnât wait for Wall Street to open
Last week, following the Fedâs rate decision, much of the move happened while the traditional US market was closed.
Between Wednesdayâs close and Thursdayâs open:
đ SPY: +1.11%
đ TMF: +2.45%
đ UVXY: -5.94%
Whatâs interesting: among 16 perpetual contracts tied to equities, the median had already reflected 97% of the opening move, with more than US$1.02B traded while the US market remained closed.
â° The traditional market closed. The move didnât.
đ Full analysis: Binance Research â Beyond the Closing Bell
Last week, following the Fedâs rate decision, much of the move happened while the traditional US market was closed.
Between Wednesdayâs close and Thursdayâs open:
đ SPY: +1.11%
đ TMF: +2.45%
đ UVXY: -5.94%
Whatâs interesting: among 16 perpetual contracts tied to equities, the median had already reflected 97% of the opening move, with more than US$1.02B traded while the US market remained closed.
â° The traditional market closed. The move didnât.
đ Full analysis: Binance Research â Beyond the Closing Bell
