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Currencies trade 24x7, and somehow that works just fine.
by btbuildem 7y ago
Currencies trade 24x7, and somehow that works just fine.
- notahacker 7y agoThat's mostly because the vast majority of people holding currency aren't doing so to speculate on its future value.
- decentralised 7y agoIt doesn't work just fine at all. I could tell you plenty of stories and industry insights but I'll leave you just with one nugget I got at a market-maker conference last year: not even 20 cryptoexchanges are profitable, and this information comes from those who are paid to make markets.. move. edit: I think maybe you were referring to ForEx currencies only.. well, there's a difference between a broker and an exchange and I'm constantly surprised traders don't know this. PS: I worked at Euronext too (many years ago)