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Analysts predict heavy trading around Brexit vote

Friday could be the busiest trading day of the year, as fund managers adjust their positions to that rebalancing

Reuters  |  NEW YORK 

The US stock markets could see heavy trading and increased volatility as investors position for next week's referendum on whether Britain remains in the European Union (EU). The June 23 vote could have big implications for the global economy and the US stocks. Add to this the annual rebalancing of the FTSE Russell indexes, set to go into effect a day after the vote, and it makes for a busy trading week. Friday could be the busiest trading day of the year, as fund managers adjust their positions to that rebalancing. Should the British vote to leave the EU, the US shares could fall ...

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First Published: Sat, June 18 2016. 22:05 IST
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