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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Investor2 who wrote (4695)4/23/1999 11:54:00 AM
From: Wally Mastroly  Read Replies (3) of 15132
 
I2: Soon you can "bottom fish" during off hours:

Message 9101634

"..The New York Stock Exchange plans by mid-2000 to open at 5 in the morning and close between 9 p.m. and midnight, a spokesman said. He would not verify rampant rumors in the brokerage community that the NYSE will roll back its opening 30 minutes, to 9 a.m., in June and add a half-hour to the close in September, but he said: "We are talking to our constituents -- and if they want us to extend our hours sooner, we will do that."

Nasdaq expects to add a four-hour evening session as early as this summer -- either from 5 to 9 or from 6 to 10. The exchange hopes that will alleviate a crush of orders that floods in during the first 10 minutes of trading. Currently, many online brokers receive as many as 25 percent of their orders at night, leading to a logjam at the opening bell..."

Wally
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