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Why do markets close?
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You are currently reading a thread in /biz/ - Business & Finance

Thread replies: 15
Thread images: 2
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Serious question : why do the American markets close?

Informational latency is as mitigated as it will ever be, the infastructure to run 24 hour markets is in place, and America is big enough for liquidity to never get too thin.

Hard mode? Don't say:
>"Traders want to go home"
>"big money wants to trade Tokyo/London/W/e"

Redpill me on 9:30-16:00 /biz/antines
>>
https://www.quora.com/Why-isnt-the-trading-day-for-stocks-24-hours
>>
>>1063538
Because they are stuck in the past. Next question.
>>
>>1063538
You should purchase Ethereum!


Also they close because fuck you!

Brought to you by OkCupid and Tostidos Party Pizza Rolls.
>>
liquidity, market makers, etc.
>>
So insiders can buy in before it goes up 30% or whatever the following day.
>>
Yet another reason crypto is the future
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>>1063588
Predominantly this.
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>>1063538
Because people need to sleep and eat.
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>>1063538
Because dumb people wouldnt sleep
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>>1063538
play forex if you need to be so hype all the time
>>
File: phafuckingrrell.png (1 MB, 744x988) Image search: [iqdb] [SauceNao] [Google]
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1 MB, 744x988
I've been asking that same fucking question. The fact that markets and banks have the audacity to close is one of the biggest shams of the modern era, and it EASILY leads to speculation like this >>1063588

And while I won't go that far, I do want to ask: who the FUCK do these firms think they're fooling? No other industry on earth sleeps, but the financial industry decides it simply must? Fuck off.
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>>1064846
Cryptocurrency markets never sleep. Thats why it's better
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>>1064854
Get back to me when I can pay my bills with memes
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>>1064846
>DA BANKS
yea sure kid. you can just make a pre-market bet like everyone else. people speculated before, during, and after hours and can cause big swings. can't handle it? don't bet your allowance on day-trading then

and industries like the factories making your dildos DO sleep.
Thread replies: 15
Thread images: 2
Thread DB ID: 473765



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