ALSI

[BC02]

Just wondering if someone new why the ALSI is trading under the TOPI value most of the time, like currently ALSI @ 505, TOPI not under 520?

Thanks

[SimonPB]

it corrected, but ALSI futures should be around 100 points above Topi ..

[DEP]

I notice that too... well we are less than a month to close off

[BC02]

was also thinking that, considering close date is only 4 weeks away.
Unless it means that the big traders are pricing in a decline in the next month.

[DEP]

yeah... i think big traders are pricing in a decline - hence the discount.

[SimonPB]

you don't "price in a decline" in futures .. what we saw yesterday and so far today is very low volumes (which goes against 'big traders') hence efficiencies not as effective ..

[andre20]

Just can not understand why ALSI futures are consistently trading between 50 and 70 points under TOP40? Anyone care to comment?