II.13. Who forms the levels?

The stock market is heavily dependent on the derivatives market, i.e. futures and stock options. When trading derivatives, the prices of instruments are determined by strikes, i.e. pre-determined figures, which are round figures. It is precisely the expectations of the derivatives trading participants that the market is moving. Also, the levels are located at a sufficient distance from each other to earn any significant profit, which makes them convenient for large players when calculating profits from future transactions.

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