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  • Will Market Vectors' Africa ETF Continue to Outperform? [View article]
    Be extremely careful trading this one. I'm showing less than 20 trades today, most in first half hour, three more at 11:30 EDT, and one at the close.

    Low-High range was 23.73-25.50 today and 23.05-27.00 on Friday. This is not due to extreme volatility, it is the result of low liquidity. Do not attempt any transactions in this ETF without a limit order.

    Note, the closing price today is being shown as 24.20 (the 11:30 EDT trade price) but the largest trade of the day (1200 shares) hit the tape 3 seconds after the close at $24.90 (+2.9% above last trade and +4.6% above indicative value of $23.81).

    Look at intraday chart to see what happens when you do not use a limit order.
    May 11 16:27 pm |Rating: +1 0 |Link to Comment
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