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JumpCrisscrosstoday at 6:55 AM1 replyview on HN

> if you had seen it what would have that pricing looked like?

Look up rebalancing trades, or, less graciously, rebalancing front running. If the index is going to rebalance to include a new entrant, you'll see the other components trade down in anticipation. It's a very tight signal, and it wasn't present to any measurable degree for the S&P 500.


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kgwgktoday at 7:14 AM

Again, what would it have looked like? What does “other components trade down in anticipation” mean when SPCX doesn’t even exist?

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