Everyone remember this date 📅, don't make the same mistake again.
Quadruple Witching Day refers to the third Friday of the third month of each quarter (March, June, September, December) in the financial markets. On this day, contracts for four types of financial derivatives expire or settle, including
1. Stock Index Futures
2. Stock Index Options
3. Individual stock Futures
4. Individual stock Options
Due to the expiration and settlement of these derivatives, the four major witching days are usually accompanied by a surge in market trading volume and intensified price fluctuations. Investors and traders will close positions, roll over, or adjust positions on this day, leading to short-term market instability.
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