Timeline for Why is the stock market closed on the weekend?
Current License: CC BY-SA 3.0
4 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Feb 28, 2012 at 14:22 | comment | added | DJClayworth | The futures market can change overnight, but you don't have to be in the futures market. | |
| Jun 13, 2011 at 14:57 | comment | added | Joe.E | with regard to 1) like I said on another person's answer, stocks are generally monitored 24/7 anyway, and in rare events, the prices in the future market would already reflect the changed value before the trading day even starts. It sounds a bit unbelievable that stock exchanges which trade billions of dollars per day, from participants all around the world, will only open 6 hours a day to minimize maintenance costs. Can you imagine a casino doing that? | |
| Jun 13, 2011 at 14:46 | comment | added | Joe.E | I disagree with no4. Just because you can't sell a stock doesn't mean the price hasn't plummeted. If you buy Japanese stock on Friday, Japan suffers a massive natural disaster on Saturday, regardless of whether you have to wait till monday or sell straight away, the value has still plummeted. This is the reason why most day traders will close their positions at the end of the day or week. | |
| Jun 13, 2011 at 14:15 | history | answered | DJClayworth | CC BY-SA 3.0 |