This Is What Happens To Trading Volumes During World Cup Games

For a few weeks, every four years, traders around the world are glued to a different set of screens...

According to an old ECB working paper from 2012, "The Pitch Rather Than The Pit: Investor Inattention During FIFA World Cup Matches,''  Michael Ehrmann and David-Jan Jansen tracked trading data from 15 stock exchanges during the 2010 South Africa World Cup.

As Bloomberg's Sebastian Boyd notes, the number of trades fell by 45% when a national team was playing and volume fell 55%.

Not only that, but events during the match influence trading volumes, which drop by a further 5% after a goal.

National stock markets also decouple from global stock movements because traders aren't paying attention. So if markets seem to be trading independently of each other over the next few weeks, you'll know why...

Just a pity that the USA team didn't make it.


Yogapith mkkby Mon, 06/18/2018 - 20:21 Permalink

Shut up moron. I play football. Its extremely physical and technical.


You have all the human passions in it and its not interrupted every 5 min by commercials.

Beautiful game better than your shitty US Sports and yeah England won tonight.


Football is the king of sports on the planet. Period.

In reply to by mkkby

pods Mon, 06/18/2018 - 14:19 Permalink

Never understood the obsession with football. 

But then again, people look at me like I'm nuts when I tell them I love catching big sharks from the beach.

To each his own I guess.


small axe Mon, 06/18/2018 - 14:33 Permalink

no bids, no offers, just the same state supported price day after day...just like the Japan gov bond market.

a future that only the politicians and bureaucrats and thieves can love.