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16 Nov 2026 · VCM entitled

STQ DAILY DESK REPORT — DRAFT FOR REVIEW
16 Nov 2026 · Illustrative data

7 broker notes; 2 change a call in followed names.
Broker · Broker E · Mon 16 Nov 05:30
MNO Small > Mid, first packet (new); OPQ Mega > Mid, second packet
Quote: “MNO now sits fully in the mid-cap core; we expect the first packet to move, with Vanguard Small-Cap selling about 1.4m shares.”
Broker · Broker B · Mon 16 Nov 05:45
XYZ share change at the 4 Dec deal close (was 18 Dec)
Quote: “We now expect S&P to apply the XYZ share issuance at the PQR close rather than at the December update.”

MARKET & PROVIDER NOTICES
Thu 26 Nov: US equity markets closed (Thanksgiving) — NYSE holiday calendar
Fri 27 Nov: Early close 1:00 p.m. ET; closing auctions run early — NYSE holiday calendar
Thu 24 Dec: Early close 1:00 p.m. ET (Christmas Eve) — NYSE holiday calendar
16 to 27 Nov: Query period on the preliminary lists — FTSE Russell, 1 Sep 2026
Proposed 9 Oct: Rule 17a-7 cross-trading proposal; comment period open — SEC Release IC-36358

STREET VIEWS — NOT STQ CALLS
DEF: 4 in / 3 out; 57% simple, 56% weighted by S&P record. Model: out.
ABC: Add - S&P 500 (SPX) — Provider confirmed — S&P DJI notice, Fri 13 Nov 17:15 — 19.8 days ADV
STU: Add - Russell 2000 (RU2000) — Provider preliminary — FTSE Russell preliminary list, 13 Nov — 8.9 days ADV
TUV: Add - Russell 1000 (RU1000) — Provider preliminary — FTSE Russell preliminary list, 13 Nov — 1.6 days ADV
PQR: Acquired by XYZ: $20.00 cash + 0.11 XYZ per share; delisted — Corporate action — S&P DJI notice 12 Nov; company 8-K — Index delete at close; holders receive cash and XYZ
DEF: Reports Thu 19 Nov BMO — Earnings — Company IR calendar; options data (licensed) — 4.2% vs 3.2% (rich)

Human review required. Broker accuracy and fictional company events are illustrative. Licensing and AI-summarization sign-off pending.

I reviewed the facts, quotes and intended readers.

Draft edits are temporary. Posting and shared drafts are not connected; licensing and AI-summarization sign-off are pending.

Illustrative data, fictional tickers. STQ is read-only and not connected to an OMS/EMS: it doesn't see working orders or fills, and makes no routing, algorithm or price recommendation.