Quote from BondTrader50:
All of the results are announced at around 10. Mainly in the 10:02 - 10:03 range from what I've seen.
Quote from ivanbaj:
This is a process that ends at 10 CT. The traders that have access to real time data from the action will know how things are going earlier than a trader waiting for the result at 10. So it will not be a rocking event around 10. One can just trade the charts during the action as the results will show on the chart in real time. Is this correct?
P.S. The idea is that the move will happen towards the end of the action at 10 but not after 10.
Quote from BondTrader50:
Not really. They won't know the total accepted.
More info if you really want to know.
http://www.newyorkfed.org/markets/pomo_faq.html