The exchange-operated opening and closing auctions or “crosses” are becoming an increasingly important part of the trading day. However, each auction operates in a slightly different manner and the information provided by auction feeds varies. Richard Johnson lead a panel discussion with special guests from Nasdaq for an informative panel discussion on:
- Trends in open and closing auction volume
- The benefits of a call auction to equity market structure
- How to leverage auction data feeds to enhance your trading strategy
- The growth of ETFs and passive strategies and how this is changing the dynamic of the closing auction
- Expectations for future usage of exchange operated auctions quality