News

The market turmoil triggered by the Iran war has led investors and market makers to become more risk-averse, resulting in increased trading difficulty and rising costs across major global markets, from US Treasuries and gold to currencies. This situation is being closely monitored by regulatory authorities. Multiple volatility indicators have already soared to levels seen during past crises, with cracks appearing even in the highly liquid government bond markets.Investors report that market makers fear rapid losses on their positions, making it difficult at times to obtain price quotes or complete trades, and bid-ask spreads have widened. According to data from Morgan Stanley, the bid-ask spread for newly issued two-year US Treasuries in March widened by about 27% compared to February. Meanwhile, hedge funds' rapid unwinding of positions in the European bond market has intensified volatility. Hedge funds now account for more than 50% of government bond trading volume in the UK and the eurozone, and their concentrated bets and simultaneous exits have amplified market swings.While overall trading remains orderly, the scarcity of buyers is making dealers increasingly cautious. Anomalies have emerged: large orders are priced more widely than in normal markets, while small orders are priced more tightly, as market makers compete harder for dwindling client flows. However, in some markets, such as gold, market makers sometimes disappear altogether, preferring to forgo profits rather than take on position risk.

BlockBeats News, March 30th, according to GMGN monitoring, on the Solana blockchain, the Meme coin VDOR has been continuously surging since March 21st, with a stair-step unilateral uptrend in price. Today, its market value surpassed $15 million, with a 10% increase in 24 hours and a trading volume of approximately $1.9 million. Currently, over half of the funds in the top 100 addresses are from the same team (addresses starting with G2YxR). This team recently operated the Meme coin UGOR in a similar manner. The market value of UGOR surged unilaterally to $23 million on March 19th, then plummeted, falling below $5 million; on March 21st, another sharp decline occurred. On the same day, VDOR was launched and quickly surged above $5 million. The timing coincides highly, suggesting a pump and dump scheme. BlockBeats Note: Meme coin trading is highly volatile, largely relying on market sentiment and concept hype, with no real value or use case. Investors should be aware of the risks.

March 30 – According to MarketWatch, the JPMorgan Hedged Equity Fund will reset its positions on March 31, raising market concerns about significant volatility in the S&P 500 this week. The fund employs a "put-spread collar" options strategy to hedge downside risk while capping upside potential. The current critical strike price is 6,475 points, which creates a "kryptonite effect" in the market—repelling price movements from both above and below. As of last Thursday, the S&P 500 had fallen below 6,475 points, accelerating sell-offs. With the quarterly reset approaching, analysts believe this could trigger passive selling in the short term, leading to an "unsettling" slow decline. Once new positions are established, volatility is expected to gradually subside.