FTSE 100 Futures Volume Surges as Vote Results Come In: ChartBy
With risk assets selling off as the first results of the U.K.’s referendum on European Union membership signal a close race, equity investors are rushing to place their bets before the 8 a.m. market open in London. More than 3,000 FTSE 100 Index futures have already been exchanged since the contracts began trading at 1 a.m., compared with the daily average of less than 900 that changed hands before 7 a.m. this month, data compiled by Bloomberg show. Euro Stoxx 50 Index futures, much more liquid than FTSE 100 contracts, start trading at 7 a.m.
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