hahahahaha, now that is a good one...sorry you cant handle the 6.5 hour baby trading day. I would guarantee that in within 10 yrs there will be 24 hour trading.
take a course in logic 101. you have absolutely no basis to arrive at any kind of conclusion on my ability to handle a 6.5 hr. day. that prediction was also made 10 years ago. guarantee? who are you kidding?
I bet that if in the 1970's and 1980s you said that one day people would be getting real time quotes from anywhere they wanted and that any individual would be able to trade anywhere in the world using a computer and paying little to no commissions compared to to the hundreds one paid back just in the late 90's, you would be laughed at. Just wait and see when trading becomes even more mainstream than it is now and that 6.5 hour trading days are a thing of the past.
the cost to the financial industry to maintain equity trading desks around the clock would be astronomical. there is no competitive pressure or demand currently to force a change. how much trading does arca do at 5am?
many futures and and most forex markets are open 24 hrs. are globex staffing requirements for this beyond the normal call of duty? would letting NYSE or NASDAQ run 24 hrs make that much a difference? i can tell you one: it would create a whole new breed of trader that is addicted to visine.
yea look at the forex, open 24 hours.....sit back and relax 24 hour trading will soon be here. Some online brokers allow you to trade international markets now.
8 pages in less than one trading day. do you still trade on your spare time? btw APPL is still above $80.
i will repeat for you. 12-28-06 10:19 AM the cost to the financial industry to maintain equity trading desks around the clock would be astronomical. there is no competitive pressure or demand currently to force a change. how much trading does arca do at 5am? we are refering to equities which primarily trade in the US.