at 5pm Mon–Fri and over the weekend? Is this simply preference of traders or does it have anything to do with state intervention? I know there is after hours trading and foreign stock exchanges but why these hours?
Apparently no one works at the stock exchange that is on here.
Since at every hour there is at least one major financial market open, I don’t think that imposing closing hours would achieve anything. So, I guess it’s a trader’s preference. That being said, the instances where markets are forced close for a ‘cool off’ period after some major shock (2008 after Lehman) are indeed a poor way of hiding the dust under the carpet.
Since at every hour there is at least one major financial market open, I don’t think that imposing closing hours would achieve anything. So, I guess it’s a trader’s preference. That being said, the instances where markets are forced close for a ‘cool off’ period after some major shock (2008 after Lehman) are indeed a poor way of hiding the dust under the carpet.