01 December 2011

Co-Authors

Justin Schack

Managing Director

Alex Kemmsies

Associate

Rosenblatt Securities Inc.
New York +1 212 607 3100
Dublin +353 1 855 9125

Inquiries to
globalexchangeanalysis@rblt.com

TRADING TALK
November US Securities Volumes


 

Volumes flagged in November despite continued high volatility (VIX avg daily close>30). Equity ADV of 7.3bn shares is abnormally low with VIX this high. We note that equity fund flows have continued negative of late, and it’s possible that “natural” buyers and sellers are sitting out the market after the spasm of activity surrounding the US debt-ceiling debacle and intensification of the European debt crisis in August. High volatility also may...

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