• UnderpantsWeevil@lemmy.world
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    10 months ago

    It’s the funds behind it that are trading daily.

    $33M/day is an enormous churn, even for a big pension fund. Again, I’d like to see where you’re finding these numbers. The NYSE trades $18.9B/day across a pool of $52T in asset value. By proportion, you’re talking about a fund with a $90B market cap showing that kind of activity.