Do you think NYSE/nasdaq proposed 2 hour extension is dumb or smart?

Discussion in 'Wall St. News' started by mahram, Mar 12, 2006.

What do you think of the new 8:30 am open and 5pm close proposal?

  1. Its dumb!

    51 vote(s)
    50.5%
  2. Smart move!

    26 vote(s)
    25.7%
  3. Just leave it be?

    24 vote(s)
    23.8%
  1. I agree completely. Two sessions with a solid lunch break. Asian exchanges have that, and it creates opportunities.
     
    #31     Mar 13, 2006
  2. do you know what I wish the nyse/nasdaq instead of extending hours, would try to make quotes even more transparent. figure out ways to increase liquidity. Those are better ideas, rather then just lets steal volumne from europe.

     
    #32     Mar 13, 2006
  3. ozzy

    ozzy

    Bring it on. I don't need to sleep. Better yet I'll move to Europe.

    Resistance is futile.
     
    #33     Mar 13, 2006
  4. Dustin

    Dustin

    Liquidity can kill volatility too...be careful what you wish for.
     
    #34     Mar 13, 2006
  5. exactly what I need; a flat open to put me out of biz and begin fightin for 1c a day.
     
    #35     Mar 13, 2006
  6. well depends on what kind of trader you are. If you swing more often then daytrade, you would love the liquidity. Or if you take on larger positions. Like I said I wish nyse/nasdaq would just leave it be. Make there technology better. They should work on their liquidity, execution, and data management. I never understood why specialists were even needed. The reasoning is that they provide liquidity on the nyse when things are bad, or short some stock to provide when things are great. But in volatile situations they would mostly just sit it out.

     
    #36     Mar 13, 2006
  7. lol the only one to profit is IB

     
    #37     Mar 13, 2006
  8. It would be cool... 2 extra hours of making $$$. I like the idea of a break in between like what they have in the asian markets. It would create two extra periods ie) 5 minutes before/after break of fun actions.
     
    #38     Mar 13, 2006
  9. It's going to kill off what little volatility is left. Sucks :mad:
     
    #39     Mar 13, 2006
  10. no kidding. I think if they do the 2 hour earlier thing, theres just going tobe a longer lunch hour period. Or theres going tobe more extended dead periods.
     
    #40     Mar 14, 2006