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My concern is simply labor. If trading is 24/7 that means people will be working or on call 24/7. Not much sympathy for finance bros, but for the tech people an
by Apreche 2y ago
My concern is simply labor. If trading is 24/7 that means people will be working or on call 24/7. Not much sympathy for finance bros, but for the tech people and others.
Then again, it may create some jobs if they have to hire night and weekend staff.
- freddie_mercury 2y agoForex markets are already 24/7.
- nnx 2y agoMore like 24/5, open 24 hours on weekdays only.
- deleted 2y ago[deleted]
- llm_trw 2y agoAWS is on 24/7 yet somehow we manage to keep it running.
- firecall 2y agoPeople can work in different Time Zones! It's actually kinda nnoying here in Australia that I have to wait for the NASDAQ to open, which means staying up later than I'd like on occasion!
- tayo42 2y agoCan't you place orders with limits and let your broker just do it?
- firecall 2y agoI dont think so... I'd need to double check. So maybe :-) I use an Australian online broker. They do offer pre-market orders, however they do say: > However, a limited number of buyers/sellers and volatile prices can make pre-market trading risky for novice investors. Am I am solidly a novice investor LOL :-)
- tayo42 2y agoIt's a regular option to place limit orders, I'd be surprised if you couldn't. And no this is different then pre market or after hours. It's just a standing order to execute at certain price conditions, it'll happen automatically by your broker or timeout.