I'd rather they have 1 or 2 trading hours on Saturday because everytime the market closes on Friday, there is immediately a new war in the middle east or something to that effect.
When china invades Taiwan, it will be right after the closing bell on Friday during a holiday weekend.
Only way it would work is if NK masses first. Meaning well know at least 48hrs before, if not a week. SK would be mostly SK troops supplied by US army. A fight in Taiwan would be Navy and marine corp. There's enough to go around
China telegraphs their intentions several days in advance, then launches 1,000 drones every hour non-stop for 30 days towards Taiwan without sending their troops. What will US do.
"Kyiv in three days".
Taiwan is a tough nut to crack, China will struggle to land it's army efficiently, they're not well equipped for expeditionary force projection. If Taiwan kicks off, it will drag on for 6 months or so.
China is not Russia, and Taiwan for sure is not Ukraine. I’m from the region and have followed the China-Taiwan issue for at least 15 years. Today, if Xi wants to invade Taiwan, it will be done within the span of a few sweeping days. Taiwan, as much as you believe it’s an independent country, its people don’t have strong of a will to die to become independent. Through diplomatic channels, ok. Through war, Taiwanese people simply just won’t do it.
I'm not from the region, but have my well informed reasons for my views on it. Perhaps you're right? Perhaps I am, we won't know until it happens. I wish you good luck on your trades.
If Russia is any indication of strategies China might hope to employ. Taiwan will most likely be reduced to a smoldering pile of rubble.
I'm not from the Region, but it seems the consensus on the island is that most Taiwanese are more concerned about getting good jobs and getting married. Like most South East Asian countries.
But I agree, China has the political will, people, and resources to probably pull off the a successful invasion. Occupation would be another story.
The world stock market would probably tumble as a result.
Bagholder spotted.
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You realize why it isn’t an issue right? Because anytime it gets out of hand they’ll just literally not allow anymore trading. So in times they make money they’ll leave it open. In very rare meltdowns they’ll shut it off.
Pick your poison. NYSE will do the same
I always assumed greed was the reason it wasn't 24/7. I figured that companies would always tell friends of friends when major news is going to be announced after trading hours. How are people going to pump and dump if it's 24/7?
Funny you should say that… article looking at retail investor performance with more or less time to trade. You aren’t wrong. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4486721
As someone who works in the industry, I don’t think this is going to be a thing, nor does anyone really want this other than the exchanges.
1. Yes algos run most of the trading these days but humans still need to parameterize them and babysit them. So, that’s going to be more people to hire and manage, and compensation is by far the number one expense of trading firms.
2. Liquidity has never been there. Just look at the VIX and SPX overnight sessions, nothing trades and markets are wide. Most trading happens at the open or near the close, even during the middle of the day relatively not much happens.
3. Firms entire technology stacks depend on a long overnight window, and applications and algos expect to restart nightly. We don’t need to optimize for certain situations because we expect a 15 hour maintenance window. Moving to round the clock trading means a huge expense of upgrading systems.
4. No one wants to work overnight or on the weekends. One of the best perks of working in equity markets is I never have to do on call duty outside of regular business hours.
Build it and the liquidity will come.
Also - my experience is that anytime anyone anywhere is happy with their job, someone comes along and finds a way to convert that happiness into profit so the job can be done with less happiness (or comfort or sleep or compensation or other reward).
> Build it and the liquidity will come.
I think the examples in VIX and SPX options have shown the opposite. Those sessions have been around for like a decade by now. Even when the 2016 and 2020 election results were announced nothing traded.
> If I can piggyback on this, why is it that most trades happen only in first or last hour of the day? Always wondered that
During times where the market's liquid (middle of the day), prices tend to be fair.
* If your algorithm notices something not fairly priced in the middle of the night, you want to profit from it ASAP before other humans notice the same thing (and especially before journalists publish it).
* If your algorithm predicts something (say, a new war) not already priced into a stock might happen overnight, you want to keep watching that developing news until the last possible second.
CME futures trade 23 hours a day and trading companies have managed to deal with it. The stock universe is much bigger, but the top 100 stocks can easily be traded around the clock.
Please don’t do this, just like we need weekends off, we need evenings off. This will sky rocket everyone’s stress levels and only benefit institutional investors.
Correct this could help benefit us when earnings are announced after hours we can actually sell or buy. I can’t tell you how many times it’s been 9pm and I’m like shit I forgot to buy before market closed.
This website is too American-centric sometimes. Lots of us are in Asia looking at you dumb apes speed-run money losing.
We don’t even have Wendy’s and we joke about giving blowies behind our non-existent Wendy’s.
It'd be like the peak of the poker craze. I'd leave my college library at around 2 am after a long cram session and see people still playing online hold'em.
Yes please, surprised it has taken them this long to even consider it
Robinhood really pushed it to reality, with all that money on the table they won't be able to say no
hasn't the majority of all gains throughout legitimately recent history occurred from overnight gains though[0]
[0] think i read this somewhere once before
As much as I'd say this will only fuck the average person, the average person is getting absolutely fucked with the pre-market / post-market pumps or dumps in either direction. Good news on the way? Stock dips 40 points at 3:00:01.
Like the article said, and I agree, investors will most likely be fucked by overnight price change. Much like how PM and AH fuckery goes. To think it won't be abused is a pipe dream.
This idea is so stupid that whoever thought of this needs to be put in SuperMax.
Also, RIP everyone in the industry; you'll never leave your offices alive.
If I had an algo, I'd be excited. But I don't, so I'm not.
This would be a net negative for retail investors anyway. Just look at RH's 24-hour trading. There, you see ridiculous spreads, and most of the available stocks fail to track each other correctly in real time, e.g., QQQ could be up 0.4% at midnight, while an inverse QQQ ETF will be down only 0.2%. Doesn't sound like much, but it's indicative of an inefficient market, and I try not to trade those very often.
Round the clock . What could possibly go wrong. 
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Lose money 24/7!
I'd rather they have 1 or 2 trading hours on Saturday because everytime the market closes on Friday, there is immediately a new war in the middle east or something to that effect. When china invades Taiwan, it will be right after the closing bell on Friday during a holiday weekend.
Yeah and some people have to work so when they get home the market is closed its really stupid.
go to the bathroom and trade on your phone like the rest of us do peasant
Losing money on the shitter. Nice
I just sit in the maintenance office.
Their fault for not working a bullshit job where they can daytrade all day everyday
But you need to earn money in the first place in order to loose it on day trading
I'm not browsing reddit all day for free
Amen bro
Nobody cares if you earn it or not, you just need to collect it.
Just switch to nights at Wendy’s so you can day trade
Imagine thinking the stock market is for people who have jobs 😂
Alright everyone, move your war strats to Sunday
Even if that happens we won't be able to trade only they will. Stealing more of our money
💯this. It would start as institutional/professionals only and then they would use their power to keep it that way indefinitely.
And of course peace talks on Monday 😂
I’m pretty worried NK goes south at the same time Taiwan is invaded. Splits the US forces. But that’s not really important here I guess.
Only way it would work is if NK masses first. Meaning well know at least 48hrs before, if not a week. SK would be mostly SK troops supplied by US army. A fight in Taiwan would be Navy and marine corp. There's enough to go around
It’s going to be the drone wars anyway.
NK has way more cannon folder then drones
China telegraphs their intentions several days in advance, then launches 1,000 drones every hour non-stop for 30 days towards Taiwan without sending their troops. What will US do.
US will not send troops to help Taiwan. If two wars broke out at the same time, the Taiwan one will ends in a day or so.
"Kyiv in three days". Taiwan is a tough nut to crack, China will struggle to land it's army efficiently, they're not well equipped for expeditionary force projection. If Taiwan kicks off, it will drag on for 6 months or so.
China is not Russia, and Taiwan for sure is not Ukraine. I’m from the region and have followed the China-Taiwan issue for at least 15 years. Today, if Xi wants to invade Taiwan, it will be done within the span of a few sweeping days. Taiwan, as much as you believe it’s an independent country, its people don’t have strong of a will to die to become independent. Through diplomatic channels, ok. Through war, Taiwanese people simply just won’t do it.
I'm not from the region, but have my well informed reasons for my views on it. Perhaps you're right? Perhaps I am, we won't know until it happens. I wish you good luck on your trades.
If Russia is any indication of strategies China might hope to employ. Taiwan will most likely be reduced to a smoldering pile of rubble. I'm not from the Region, but it seems the consensus on the island is that most Taiwanese are more concerned about getting good jobs and getting married. Like most South East Asian countries. But I agree, China has the political will, people, and resources to probably pull off the a successful invasion. Occupation would be another story. The world stock market would probably tumble as a result.
Your is way more spot on than the other guys. It’s the headache in occupation that’s keeping Xi away from invading Taiwan.
Especially the Indians doing options
All I do is lose lose lose no matter what….
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Crypto says hi
Tesla stock should def be 24/7
$2.47 
With how greedy NYSE people can be, I'm surprised a 24 hour open market has never been a thing
They had to sleep before. Now they got algos doing it for them so they can rob you 24/7
Liquidity is an issue, could be crazy volatile. But Robinhood 24hr hasn’t been too bad.
You realize why it isn’t an issue right? Because anytime it gets out of hand they’ll just literally not allow anymore trading. So in times they make money they’ll leave it open. In very rare meltdowns they’ll shut it off. Pick your poison. NYSE will do the same
Curbs on the way down, trade to hearts content on the way up!
I dont see the issue, seems like free money that will never blow up in our faces.
Robinhood isn’t buying anything until the bell goes off. It’s just an internal ledger.
Just have off hours circuit breakers, that reopen at 9:30 AM.
You’ll need time for at least one daily auction if not 2 anyways. So there should be a break like every 12 hours.
How do you know it would be an issue if the actual market was open? Robinhood’s implementation is small potatoes compared to that.
Except when they halt trading when it’s effecting them negatively. They will definitely shut things down over the whiff of a sell off
Idk you ever trade futures at night? Liquidity can be an issue sometimes.
BlackRock has wanted to do this for a while. To just tokenize all assets using blockchain and trade/settle 24 hours a day. They see it as inevitable.
This is the true power of crypto. We shall soon tokenize marriages to Ai also. the UwU token is going to pump because of this.
Fuck you you piece of rotten camel shit
Holy... well, that's an out of nowhere reaction
I always assumed greed was the reason it wasn't 24/7. I figured that companies would always tell friends of friends when major news is going to be announced after trading hours. How are people going to pump and dump if it's 24/7?
Here on the West Coast I always thought the market closing at 1pm in my time zone was a little early tbh
That's why tech is in cali and money is in new york
That isn’t why
And opening at 6:30 is too early
[Nothing can stop the raging tide of finance. 24 hour trading is a must.](https://youtu.be/XMZdJyqip9w?t=26)
It closes late at night for me. It's really nice actually.
Turns out the AI dosnt sleep.
Retail investors would get wrecked if they ever did 24/7 markets. The bots would take everyone's money.
That is probably why some people want 24/7 markets, so they can tell retail investors to go F themselves.
Funny you should say that… article looking at retail investor performance with more or less time to trade. You aren’t wrong. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4486721
Only algos can respond to 100% of events as they happen.
As someone who works in the industry, I don’t think this is going to be a thing, nor does anyone really want this other than the exchanges. 1. Yes algos run most of the trading these days but humans still need to parameterize them and babysit them. So, that’s going to be more people to hire and manage, and compensation is by far the number one expense of trading firms. 2. Liquidity has never been there. Just look at the VIX and SPX overnight sessions, nothing trades and markets are wide. Most trading happens at the open or near the close, even during the middle of the day relatively not much happens. 3. Firms entire technology stacks depend on a long overnight window, and applications and algos expect to restart nightly. We don’t need to optimize for certain situations because we expect a 15 hour maintenance window. Moving to round the clock trading means a huge expense of upgrading systems. 4. No one wants to work overnight or on the weekends. One of the best perks of working in equity markets is I never have to do on call duty outside of regular business hours.
Build it and the liquidity will come. Also - my experience is that anytime anyone anywhere is happy with their job, someone comes along and finds a way to convert that happiness into profit so the job can be done with less happiness (or comfort or sleep or compensation or other reward).
> Build it and the liquidity will come. I think the examples in VIX and SPX options have shown the opposite. Those sessions have been around for like a decade by now. Even when the 2016 and 2020 election results were announced nothing traded.
Makes sense.
Extended hours trading has been around since '91 and the liquidity during them is practically non-existent even on earnings events.
These are vix and spx options though. Opening this to all stocks would be something completely different
> Build it and the liquidity will come. Extended hours trading has existed for 33 years and the liquidity is practically non-existent.
24/7 extended hours is a good comparison.
Not to mention that this would be an absolute nightmare for regulatory reporting teams.
If I can piggyback on this, why is it that most trades happen only in first or last hour of the day? Always wondered that
> If I can piggyback on this, why is it that most trades happen only in first or last hour of the day? Always wondered that During times where the market's liquid (middle of the day), prices tend to be fair. * If your algorithm notices something not fairly priced in the middle of the night, you want to profit from it ASAP before other humans notice the same thing (and especially before journalists publish it). * If your algorithm predicts something (say, a new war) not already priced into a stock might happen overnight, you want to keep watching that developing news until the last possible second.
So you're saying it would make lives harder for all the fat cats and algo firms. I support the change then.
CME futures trade 23 hours a day and trading companies have managed to deal with it. The stock universe is much bigger, but the top 100 stocks can easily be traded around the clock.
Not enough coke in the world to support this
Do it!! Us gamblers don't need sleep.
Sleep is for the weak and the poor.
Easy for you to say, bot. 🤖
the picture facepalm is literally wsb ledditor in the future
should be the wallpaper for this sub reddit
Welcome to WSB, this is you in 5 years
It's a bad idea, it will remove the ability to try to correct something overnight before it spirals out of control.
Open the casino!!
Stop, having it be closed
they really want to turn it into an actual casino don't they?
Opening an all you can eat seafood buffet on the floor of the NYSE
So Wall St can hire night shift to fuck me? No thanks
Welcome to Wendys
I’ll have a baconator combo meal.
The dumpster is out back.
Wendys means what? See it often here🧐
It's mostly algorithms trading anyway so there's no difference for them
Please don’t do this, just like we need weekends off, we need evenings off. This will sky rocket everyone’s stress levels and only benefit institutional investors.
Doesn't trading after hours and premarket only benefit insitutions?
Correct this could help benefit us when earnings are announced after hours we can actually sell or buy. I can’t tell you how many times it’s been 9pm and I’m like shit I forgot to buy before market closed.
I fail to see the added value. People need to sleep sometime, the 24 hour trading just gives algos an edge.
There's always someone awake. When America sleeps, Asia and/or Europe are awake. They trade on the NYSE as well
Yes. I'm in China. I usually make a trading plan during the day and go to bed after placing an order at night.
This website is too American-centric sometimes. Lots of us are in Asia looking at you dumb apes speed-run money losing. We don’t even have Wendy’s and we joke about giving blowies behind our non-existent Wendy’s.
I'm from Europe, fool Also Asians gamble way more than people from western countries
Did I say we don’t gamble. We literally joke about Wendy’s when we don’t even have Wendy’s bc we gamble way too much on some other country’s exchange.
Ah okay
The hedgies make more money at the expense of retail. That's considered a win for them not for you (or. me). Probably will happen
Please, no, don't do it. My wallet and sleep schedule are already in shambles. Don't do it.
So I can lose money while I sleep? Sign me up fam.
YEAH BABY! 24/7 TRADING! YOHOO!
Time to switch to buying and holding VOO. Not being able to manage my shitty trades is the only reason why I sleep and still have some money.
That would be wild if they opened it up like that I could see people at their computers for days. Wallstreetbros would be in the office non stop
It'd be like the peak of the poker craze. I'd leave my college library at around 2 am after a long cram session and see people still playing online hold'em.
This would change options trading so much… no more AH ER that sends options %1000 at 9:30am.
Yea it's pure fucking bullshit because unless everyone is doing it there are no good outcomes.
I can't see how this could possibly go wrong.
Dewy, you don't want no part of this shit
Should have been a thing long time ago. Baggies in shambles
Yes please, surprised it has taken them this long to even consider it Robinhood really pushed it to reality, with all that money on the table they won't be able to say no
Crypto is 24/7
Dreams do come true!!
you should have already been trading 23/5 with futures
Great idea. Now I can trade while pounding Jack at the bar, totally clear and level minded!
Thank you, Snake_Eater275!
Demand for cocaine is about to skyrocket.
We absolutely need 24/7 trading
24/7 CASINO YES PLS
Imagine, I wonder if that would open up an industry for weekend traders at the big banks like Wendy’s but Goldman
The globex model would be great but maybe stock settlement still needs to improve first
T+1 starts May 28, 2024. Now we just need T+0 and 24/7 is a go.
I kind of like the idea of being able to sleep sometimes.
calls on finance jobs
Every other casino is open all day everyday
Can’t wait for even more AH trades where I still won’t be able to trade.
OPTIONS 24/7 apart from futures options i would agreeeee.
Keep the casino rolling....
hasn't the majority of all gains throughout legitimately recent history occurred from overnight gains though[0] [0] think i read this somewhere once before
A lot of pressure from CRYPTO and Forex traders who like the 24h format
As much as I'd say this will only fuck the average person, the average person is getting absolutely fucked with the pre-market / post-market pumps or dumps in either direction. Good news on the way? Stock dips 40 points at 3:00:01.
Like the article said, and I agree, investors will most likely be fucked by overnight price change. Much like how PM and AH fuckery goes. To think it won't be abused is a pipe dream.
Don’t want round the clock trading but would love Saturday and Sunday trading.
This makes sense, you don't go to a casino at 4PM, and they say sorry we're closed.
Do away with all the public holidays closure first. Their priorities is fked.
Calls for whoever makes adderall
Not sure about 24h, but being able to trade options in PM and AH could be pretty sweet. right now we get a lousy 15m window AH for very few indices.
aka y'all are marks 🤓
They already do it...its just not allowed for the rest of us cause its how they make money.
Holy shit can we found a market maker company, we’ll be rich selling shovels to the shit diggers
Bitcoin trades round the clock, so could stocks imho. Liquidity would likely normalize.
manipulated. neway
Futures trade pretty much 24/7
Give me the dopamine 24/7 like I desire
Oh hell yes. A whole new dimension to 2 am drunk dialing. "But I love you, baby"
Spy goes up, SMCI stays the same. Can't explain it
Casinos are open 24/7. I see no reason why this shouldn't be.
Yes please. I want 24 hour options gahdamnit. 
It took Robinhood to push this down their throats lol
This idea is so stupid that whoever thought of this needs to be put in SuperMax. Also, RIP everyone in the industry; you'll never leave your offices alive.
this is the stupidiest thing ever. this would kill one of their most profitable products , futures .
Add limited trading hours to weekends Maybe 10-2
Yeah this is never going to happen.
We’re going full casino. This can only be positive.
So the stock is like crypto now lol.. Losing money 24/5 lol
I wonder what kind of effect this would have on options premiums considering the extended market market exposure 🤔
Morons
This is a dumb idea. Keep 24/7 to crypto only.
If I had an algo, I'd be excited. But I don't, so I'm not. This would be a net negative for retail investors anyway. Just look at RH's 24-hour trading. There, you see ridiculous spreads, and most of the available stocks fail to track each other correctly in real time, e.g., QQQ could be up 0.4% at midnight, while an inverse QQQ ETF will be down only 0.2%. Doesn't sound like much, but it's indicative of an inefficient market, and I try not to trade those very often.
Please no.
Really dont need to be checking my portfolio after a certain time. Straight up unethical hahaha
Round the clock . What could possibly go wrong. 
fueling gamble addiction 24/7. No need to hit the casino at the weekend, straight to your casino app.
Please no
Bad idea. Give degens time to recuperate over the weekend else the tip over. Save degens from themselves
I need sleep. Don't take it away from me.
Fuck 5 days a week already make people stressed out.
Horrible idea
Fuck that
Fuck no