Author Topic: EFT IJH IJR influencing factors  (Read 1653 times)

0 Members and 1 Guest are viewing this topic.

Offline PeterM

  • Newbie
  • *
  • Posts: 17
EFT IJH IJR influencing factors
« on: 21/06/2019, 12:56:17 PM »
Hi
what other factors influence the S&P Small-Cap and Mid-Cap ETFs ?  The S&P 500 was up 0.95% last night so I wonder why this has not reflected in these ETFs as these are down 0.3 - 0.5% - the AUD/USD is still in the 0.69c band.

Offline Gary Stone

  • Administrator
  • *****
  • Posts: 1004
  • "Anything can happen."
Re: EFT IJH IJR influencing factors
« Reply #1 on: 23/06/2019, 09:11:46 PM »
Peter,

In the morning session in Australia the market makers not being active can make a difference.

They are mainly based in Singapore & Hong Kong and hence become more fully active from lunch time Melb/Syd time.

Regards
Gary
On the journey

Offline PeterM

  • Newbie
  • *
  • Posts: 17
Re: EFT IJH IJR influencing factors
« Reply #2 on: 25/06/2019, 03:21:23 PM »
Hi Gary
yes I'd expecting that traders in the market would impact it - Singapore & Hong Kong trading on same timezone as Perth.   But if the S&P500 goes up I'd expect IJH to go up - not down.  Today S&P500 went down 0.17% and now IJH/IJR down more than 1%.    :confused:
« Last Edit: 25/06/2019, 03:37:44 PM by PeterM »

Offline Gary Stone

  • Administrator
  • *****
  • Posts: 1004
  • "Anything can happen."
Re: EFT IJH IJR influencing factors
« Reply #3 on: 25/06/2019, 04:29:01 PM »
Peter,

It's more the market makers for Blackrock in HK & Singapore that affect the spread than actual traders.

They went down because the AUDUSD rose.

Regards
Gary
On the journey