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Pugetsounder1

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Pugetsounder1

Re: None

Thursday, 01/04/2018 8:48:46 PM

Thursday, January 04, 2018 8:48:46 PM

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Can someone explain how tightly MJX is linked to its underlying stocks? For instance, there was a heavy pre-market sell off in MJX. What happens in that circumstance? Did MJX immediately enter sell orders for its stocks, proportional to its share counts, and have to wait for the Canadian exchanges to open? That would seem to create a differential in share value. However the pps of MJX fell pre-market before the pps of the underlying stocks had changed. Hence my confusion.
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  • 6M
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