Data In Depth Webinar Series: Minding The Crosses
For on-exchange trading, the most substantial liquidity events of the day generally happen during the opening and closing auctions. On the Nasdaq Stock Market, these auctions account for more than 16% of the daily trading volume on average; on ETF rebalance days, this volume can exceed 25%. Since these opening and closing auctions constitute a considerable portion of the daily trading volume, it is essential for investors to have timely and precise information about these pivotal moments. This webinar covers the significance of the opening and closing crosses, the trading activity and volume during these times, and the connection between the crosses and listed securities on an exchange. Hear from Nasdaq experts about the value of owning the opening and closing cross.