Why Are "Front-Running" Trades Frequently Appearing Before Trump's Major Announcements

robot
Abstract generation in progress

Caixin On March 23, from 6:49 to 6:50 a.m. Eastern Time, just over two hours before the official opening of the U.S. stock market, an unusually large block trade suddenly appeared in the international crude oil futures market. About 6,200 Brent and WTI futures contracts were settled in less than 60 seconds, with a notional value of approximately $580 million. This volume was nine times the average trading volume over the past five trading days during this period. Almost simultaneously, the trading volume of the S&P 500 stock index futures also surged sharply.

Fifteen minutes later, U.S. President Trump posted on his social platform Truth Social, announcing that the U.S. and Iran had conducted “productive and in-depth discussions,” and ordered a five-day pause on military strikes against Iran’s electricity and energy infrastructure.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin