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Strategies & Market Trends : After Hours Trading(ECN)-The Coming 24/7 Trading Explosion

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To: Wayne Rumball who wrote (127)4/11/1999 7:56:00 PM
From: David in Ontario  Read Replies (2) of 314
 
Wayne - I agree - 24 hour trading is a dopey idea. It will just invite an explosion in manipulation of stocks and fraud.

For the BB's the MM's have 7 1/2 hours M-F to wreck havoc - what will they do with 24h/7d trading? What will the volumes/spreads be at 3 AM? Who will want to hold the BB's overnight?

What happens to News? Blockbuster stuff at 4 AM?

I think the only folks who want it are the crims/jerks/scum.

At 4 PM we all know where we stand. Time then to cath up on DD, etc. and prepare for the next day.

JMHO

David.
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