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Trades/Second Over Entire Market Day

By Dave Mabe

You probably know there's a lot of volume at the open and close, but have you ever visualized what that looks like?

I'm creating a new tool for MabeKit (I can't share details yet, but it's good), and one of the graphs I've made with it shows the number of trades per second over the entire trading day.

Here's the chart for yesterday:

Here are the things that struck me:

  • Most traders think the open is bigger than the close, but that's mostly wrong

  • Will 24-hour trading matter that much? Hard to believe it will have that much impact

  • Look at the 4am spike - almost half as big as 9:30 open!

Is there anything that sticks out at you about this data that surprises you?

-Dave

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