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$MAYBANK (1155.MY)$ December 20th is Quadruple Witching Day....

$MAYBANK (1155.MY)$ December 20th is Quadruple Witching Day.  Quadruple Witching Day refers to the third Friday in each quarter (March, June, September, and Dec...
December 20 is Quadruple Witching Day.

Quadruple Witching Day refers to the third Friday in the third week of each quarter (March, June, September, and December) when all financial derivatives in the US stock market expire and undergo settlement and delivery.


During Quadruple Witching Day, equity index futures, equity index options, individual stock futures, and individual stock options all expire. The final trading hour of the day is the Quadruple Witching Hour, from three to four o'clock in the afternoon New York time. During the expiration period, trading volume sharply increases, and market volatility intensifies.

During the final trading hours of Quadruple Witching Day, investors are eager to close their positions, leading to a significant increase in trading volume. Therefore, Quadruple Witching Day usually accompanies large price fluctuations in stocks and derivatives.

Usually on Quadruple Witching Day, the Malaysian stock market also experiences fluctuations, especially when reopening at 4:50 p.m., significant trading volumes may occur for blue-chip or large-cap stocks.

On December 20, the Malaysian stock market may also experience a sudden surge in large trades during the last moments. If you hold Malaysian blue-chip stocks, you may consider "speculating" during this period.
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