Stock markets have specified operating hours and holidays, why can’t they be open 24×7 ?

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Won’t that be better for country’s economy and convenient for the people.
Like crypto markets are open all the time.

In: Economics

7 Answers

Anonymous 0 Comments

The stock market is not really set up to service “the people.” The vast majority of activity still continues to happen by, for, and through a smaller number of large trading houses, banks, investment groups and funds, etc. The people at these companies work office hours.

(Well, especially on their way up, they probably put in a lot of overtime, but in theory they work office hours.)

For such groups, if they really feel the need to trade 24 hours a day during the week, there is usually a market anyways. The stock market in the U.S. has trading windows open before and after the official markets actually open. The European markets start their day before our markets over here, and the Asian markets start their day in the evening New York time and run into the middle of the night New York time. So in that sense, except for on the weekends, most of the day, some market is open somewhere if you have large enough assets to be involved in them.

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