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Re: Gaggles1 post# 879

Monday, 06/26/2017 5:04:34 AM

Monday, June 26, 2017 5:04:34 AM

Post# of 1716
I beg to differ with that assessment.

The Russell indices were re-balanced on Friday 06/23/2017.

The impact of Russell rebalance is likely to be felt in the final fleeting seconds, or fractions of seconds, as the market closes Friday, and as funds that track the Russell change their composition to reflect the rebalancing, which takes hold on Monday.

However, trading historically on rebalance days has recently been surprisingly smooth, notes Ron Bundy, CEO of FTSE Russell, citing changes to market structure that have “taken the noise of trade,” allowing market participants to settle orders at a single price at the close, for example.





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