Thursday, February 13, 2020 9:01:57 AM
Plainly speaking, many traders have orders to buy or sell by end of day (market on close). No big thing - it just means they have a limit they want to meet, but if it isn't met by end of day, the transaction can proceed at whatever the market is. Also, most MM's that haven't closed by end of day will do so. It is EXPECTED that there is more activity at end of day because some trades are TARGETED for end of day. And, what I said was that you can't determine anything of value by noticing end of day trading. It is simply a part of normal trading.
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