Hi Everyone
As part of ongoing developement of excel automated trading
I Just wondered if one of you might have a guide to average expected traded volume on different types of races for each day of week in run up to start time.
for example on a Monday with no televised racing a 5f Mdn Stk might average
-10min £40000
-5min £78000
-2min £112000
I am gethering the data but it will take some time as televised meetings on same day can set new data expectations
Just asking in case a member has a reliable guide or perhap 3 or 4 members would be prepared to work together to build such a reference
Regards
G
Traded Volumes In last 10 mins
[quote="GMBing"]I Just wondered if one of you might have a guide to average expected traded volume on different types of races for each day of week in run up to start time./quote]
I guess it depends what you are looking forward. I can forecast volumes fairly accurately, but it doesn't contain much information.
About 40% of the final volume has arrived in the market by about 4 mins out. But this can be influenced by the underlying volatility of the market, the price of the favourite and the timings between races. The average race turnsover £500k on average. That's remained pretty static for some time.
I guess it depends what you are looking forward. I can forecast volumes fairly accurately, but it doesn't contain much information.
About 40% of the final volume has arrived in the market by about 4 mins out. But this can be influenced by the underlying volatility of the market, the price of the favourite and the timings between races. The average race turnsover £500k on average. That's remained pretty static for some time.