Tim Skirrow

Rule Changes

Quoted on the trade's timing

On March 23, about 15 minutes before President Trump posted that he was postponing strikes on Iranian power plants, traders placed billions of dollars in futures bets that oil would fall and stocks would rise. In a two-minute window, roughly $580 million in crude contracts changed hands — 8.5 times the volume traded in the same window the prior week.

Updated Oct 17