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Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM


Primary Symbol: PGMFF

Barclays PLC is a diversified bank with five divisions comprising Barclays UK, Barclays UK Corporate Bank, Barclays Private Bank and Wealth Management, Barclays Investment Bank and Barclays US Consumer Bank. The Barclays UK division represents businesses that sit within the United Kingdom ring-fenced bank, Barclays Bank UK PLC and its subsidiaries, and comprises Personal Banking, Business Banking and Barclaycard Consumer UK. The Barclays UK Corporate Bank division offers lending, trade and working capital, liquidity, payments, and FX solutions for corporate clients. Barclays Private Bank and Wealth Management division comprises the Private Bank, Wealth Management, and Investments businesses. Barclays Investment Bank division incorporates the Global Markets, Investment Banking, and International Corporate Banking businesses. Barclays US Consumer Bank division represents the United States credit card business, focused in the partnership market, as well as an online deposit franchise.


OTCPK:PGMFF - Post by User

Post by Digger0144on Jun 18, 2022 4:09pm
310 Views
Post# 34766935

Quadtruple Witching Friday...

Quadtruple Witching Friday...

What Is Quadruple Witching?

The term quadruple witching refers to the date on which certain derivatives contracts expire simultaneously. This happens with four different types of contracts, including stock index futures, stock index options, stock options, and single stock futures. Quadruple witching dates occur four times a year on the third Friday of March, June, September, and December. Market activity on these days is typically highest during the last trading hour as traders try to move on these contracts.
 

KEY TAKEAWAYS

  • Quadruple witching refers to a date on which derivatives of stock index futures, stock index options, stock options, and single stock futures expire simultaneously.
  • This event occurs once every quarter, on the third Friday of March, June, September, and December.
  • Quadruple witching days witness heavy trading volume partly because of the offsetting of existing futures and options contracts that are profitable.
  • Investors may take advantage of the increased volume and arbitrage opportunities that result from quadruple witching.
  • Quadruple witching does not necessarily translate to increased volatility in the markets.
The action took place in the final 15 minutes of the trading day on Friday. The pros know well how to catch someone off guard and take advantage...it is what it is. Nothing to worry about...back to normal next week.  Good News coming soon!

All the Best!
Digger0144

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