no point in halting the market. The reason they halt the market the market makers cannot control one sided landslide selling there are no bids and for traders who are all 95% leveraged or even 99% and in futures it's all LEVERAGED in the cash market 10% is peanuts. these illiquid markets man. either long there used to be no overnight futures trading for a reason..the market is too illiquid and too much market manipulation the gap on oil was down 25% was the stops had no chance of getting it. it gapped 25% on the open. on Sunday so if you are long,,you screwed. a for banning shorts..these short position was the only demand in the market. keeping the market together. in markets like this the SEC could just ban leveraged trading traders in general trade with leverage and as most algos, or known as 'computer trading' for market making there is no market to make when it's one market maker and one side trade all sell orders. instead of halting the market ban overnight trading as it's illiquid and BS anyways.
Nonsense... There is no such thing as one side .... inorder for there to be a trade there has to be two sides.... Leverage is fine , it's just the process of deleveraging and illiquidity people don't like because it seeminly gives someone to blame for the sell off.. markets are gonna do what their gonna do... Take on leverage realize the price when you get caught with your pants down..
You don't understand how the markets work. Banning "overnight market" does absolutely nothing. Do you understand that price can be 50 in one day and open at 30 the next day with NO overnight trading? Overnight market being irrelevant.