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Question about last minute trading in SPY.
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Question about last minute trading in SPY.

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Trading Apprentice
Columbus OH, United States
Futures Experience: Intermediate
Platform: Thinkorswim
Favorite Futures: Stocks and Futures
Posts: 1 since Oct 2014
Thanks: 0 given, 0 received

Question about last minute trading in SPY.

For the past few weeks I have been watching the market close by looking at SPY for the last 5-10 minutes. I use TOS' Active Trader and I have noticed that everyday at 4:00 a trade is made that is always substantially larger than the volume at 3:59. For example today, the trade was 9,921,505 shares at 197.90. Does anyone know where this comes from?

BTW: This is my first post. I joined a month ago and have just been peeping around. Sorry if I posted this in the wrong place.

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