Bullboard - Stock Discussion Forum Bank of Montreal N.ZOCT

Primary Symbol: T.BMO Alternate Symbol(s): BMO | T.BMO.PR.W | T.BMO.PR.Y | FNGO | T.BMO.PR.E | FNGD | FNGU | CARD | CARU | N.ZUEA | N.ZEBA | N.BGDV

Bank of Montreal (BMO) is a Canada-based company, which offers a wide range of personal banking services. The Company is engaged in providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to customers across Canada, the United States, and in select markets globally. The Company offers services, such as bank... see more

TSX:BMO - Post Discussion

Bank of Montreal > Nice spike in volume

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Post by Dibah420 on Sep 20, 2024 5:18pm

Nice spike in volume

...fixed income money flowing back into securities?

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Comment by Ocalaman on Sep 20, 2024 8:13pm

Today was Triple Witching Day , 3rd Friday every 3 months when huge funds rebalance thier portfolios at the end of the quarter. I check,out opening volumes under highest volumes as that's when the action happens it's a good way to see what is on the big guys radars. BMO was definitely on thier radar at the open.

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Comment by Ocalaman on Sep 20, 2024 8:18pm

Add to that it's when options expire. Interesting thing happens to the bid and ask prices about 90 minutes before the open. BMO was a bid/ ask of .04 cents . RBC was 1.10 on my screen.

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