Share
9,194 Posts.
lightbulb Created with Sketch. 2364
clock Created with Sketch. 14/09/23
11:52
Share
Originally posted by RookyKid
↑
I'm no insto buying specialist, but how confident are we that instos "must" enter a trade when coming into ASX100, and how do we know that they do so "blindly" without acknowledging there is currently an offer at ~$3.00? ie can we realistically expect instos to buy up 10's of millions of shares allowing it to run?
Expand
Some of the large hedgefunds and ETFs are mandated to buy to balance their respective portfolios accordingly when there is an index rebalancing event.
(20min delay)