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Re: THEPK5 post# 1258

Monday, 06/30/2014 8:16:59 AM

Monday, June 30, 2014 8:16:59 AM

Post# of 3443
one would think so... except for this thing called the closing cross... nearly all stocks added to russell were down in the closing minutes (seconds) of 6/27/14... and on large end-of-day volume to boot...

"The Closing Cross brings together the buy and sell interest in specific NASDAQ, NYSE and NYSE Amex stocks and executes all shares for each stock at a single price, one that reflects the true supply and demand for these securities. All nationally-listed securities are eligible for the NASDAQ Closing Cross."

"Approximately 810.6 million shares representing $17.9 billion were executed in the NASDAQ Closing Cross in 575 milliseconds across some 2,304 NASDAQ-listed stocks."

http://www.marketwatch.com/story/nasdaq-closing-cross-calculates-us-russell-indexes-for-the-eleventh-consecutive-year-for-russells-annual-reconstitution-2014-06-29?reflink=MW_news_stmp