5 ms·
Could you explain what this statement means?
by nayuki 9y ago
Could you explain what this statement means?
- dfischer 9y agoHow much people are trading in value at a given time period.
- lmm 9y agoI think their point is that while most investors in e.g. equities (stocks) regard out-of-ours trading as "not counting" because it's a much smaller volume than in-hours trading, the amount of money that moves into or out of stocks in out-of-hours trading is still much larger than the amount that moves into or out of bitcoin (at any time). So it doesn't really make any sense to say that stocks are a 9-5 market and bitcoin is a 24/7 market.
- hellbanner 9y agoout-of-ours = out-of-hours, for any non-english speakers reading^. (not criticising you lmm, only trying to help)
- lmm 9y agoYeah, 'twas a stupid typo, unfortunately I only noticed after the edit window had expired :(.
- JumpCrisscross 9y agoForeign exchange, many government bonds, even some institutional bond markets—none of these have a single exchange and thus all trade 24/7. A minority of markets, e.g. the public stock markets, have “market hours”.