I presume what he means is, you cant trade at real time prices determined by the market. Out of hours trades can often be "fill or kill" or they may use their own liquidity pools. Either way, the prices is utterly determined by the broker and you can get shafted.
"Charles Schwab offers 24/5 trading on its thinkorswim (TOS) platforms for over 1,100 popular stocks (S&P 500, Nasdaq 100, Dow 30) and ETFs, running from Sunday 8 PM ET to Friday 8 PM ET
"Robinhood offers a 24 Hour Market for hundreds of popular stocks and ETFs, allowing 24/5 trading from Sunday 8 PM ET to Friday 8 PM ET, outside of traditional market hours. This service uses limit orders for whole shares, not fractional, and involves higher volatility and lower liquidity, with trades executing through the Blue Ocean ATS.
"Charles Schwab offers 24/5 trading on its thinkorswim (TOS) platforms for over 1,100 popular stocks (S&P 500, Nasdaq 100, Dow 30) and ETFs, running from Sunday 8 PM ET to Friday 8 PM ET
Paper trading? Lol.
"Robinhood offers a 24 Hour Market for hundreds of popular stocks and ETFs, allowing 24/5 trading from Sunday 8 PM ET to Friday 8 PM ET, outside of traditional market hours. This service uses limit orders for whole shares, not fractional, and involves higher volatility and lower liquidity, with trades executing through the Blue Ocean ATS.
Same/different dumb shit.
RH isn’t market based in real time. GOOGLE how it actually works. You’re trading on “guesses”. Not to mention RH is a PFOF platform anyway.
Your a i. Is hallucinating about paper trading lmao, try to be more serious.
Both thinkorswim and robinhood you'll see the same changing values for bid/ask at exactly the same time, and you are trading in real time not queing up an order for the future.
You do not. Weekend theta is priced in to weekday option prices. And options are still an efficient trading vehicle. With no discretion, option buyers and sellers net out at $0 profit with no discretion over a long enough period of time. There is no edge to option selling vs buying. This can only be true if theta does not crush over the weekend. Which it doesnt. Sometimes it may feel like it does, but its just vega or delta moving against you.
No one is going to trade off of it that’s a major player. Also if you are a retail trader you shouldn’t be advocating for this. All it means is wider spreads and more expensive options pricing.
They do. I read lines. They trade on the holidays and days of Former President funeral's Also. The only times I don't see them trade, which doesn't mean anything, is on the days when it closes early. The whole day it's like those day's are on autopilot
You’re arguing about something you can easily look up.
“Dark pools” are ATS’s (alternative trading systems). ATS’s have different rules than the NYSE And NASDAQ.
For example, robinhood is an ATS - that’s why you can buy fractional shares even though market makers on the NYSE/NASDAQ can’t place orders for fractional shares.
Institutional investors and accredited investors (defined by amount of capital not investment experience) use ATS’s, except they aren’t using them to buy fractional shares. Instead, the ATS’s they use give them the advantage of 24 hour trading, with the caveat being that those trades must be between members of the ATS, meaning there’s significantly lower liquidity than normal markets. However, the benefit of being able to trade overnight and on weekends is obviously huge.
So, to back up OP, he is 100% right and you are wrong. You didn’t do a simple google search of finra rules to see that you are factually incorrect.
that being said, i’ll pushback on OP’s narrative that retail is fucked over because of this. While futures look at ATS trade data, their pricing isn’t 1:1 and the futures market has a much bigger impact on where a stock opens premarket than the ATS/dark pool trade activity.
The exit liquidity is provided every Friday after 8pm EST right now. You ,as a retard retail trader, can’t exit your position until Monday, earliest, but the 0.01% CAN on Saturday or Sunday without your permission which SHOULD be against the rules of the market but they don’t care and they definitely do.
Theta has no meaning over the weekend if the richest assholes can exit a trade before retail can.
That’s literally how options work, right? Not exactly but yeah.
Today I bought $1500 in RKLB calls. Seconds after they filled I realized I missed it. Sold for $950 ish.
If I didn’t sell immediately I’d be down over $1,000 instead of 600-ish. Meh.
Then I bought 100 RKLX shares for $3200 and sold one CC for $205 exp DEC 19.
I agree, especially if you look at like any of the top beta stocks on the Russell or something or any worse on the NASDAQ. They go up for like 2 to 3 weeks and then they get smashed down until options Expiration Thursday Friday. It’s been the same cycle since September. And I’m sure the same cycle existed before that. The high-speed trading firms can do whatever they want to any stock. And retail will be holding the bag as always.
It’s worse on the weekends. I’ve seen my exgf’s family broker spend millions on a Saturday when retail cannot make trades but apparently he can. It’s stupidly unfair.
Good point. Although they hold many other advantages aside trading as you sleep:
-they are the market makers (sometimes literally)
-massive leverage
-ability to stay liquid a lot longer
-really good AI market tools
-insider knowledge
Who exactly do you think the ‘disgustingly rich people’ are trading with on weekends.
They’re not trading with retail so much are they’re trading against retail. It’s mostly between other rich assholes for pennies on the dollar x billions of dollars.
My ex gf is one. She’s one of the heirs to PACCAR. She’s disgustingly wealthy. I know her family broker personally. They do trade when the market is closed to us retail retards.
It’s a fact.
There’s much more liquidity when the market is closed then you (retail) understands.
What you and I see after the market closes on Friday at 8pm EST DOES NOT reflect the actual liquidity in the market.
They’re all misleading retail. That’s why I’m fully on board for 24/7 trading. It levels the field for retail retard traders.
BlackRock CEO Larry Fink said: "everything will be tokenized". Big brokers already have dark pools active outside of exchange trading hours. No reason for exchanges not to be active 24/7: if exchanges don't do it, banks will do it without them.
What's the general thoughts on Fink around these parts?
Buddy of mine just had dinner with him, it was a design meeting as he is an architect on the team designing Finks new vacation home in CO. Surprised to hear he was a super down to earth guy and generally nice during the meeting.
At his level of capabilities, tokenisation infrastructure (once fully operational and reliable) enables financialisation of absolutely everything, while regulation on tokenisation will inevitably be late by years and decades, due to inner complexities of infrastructure. If a banker can collateralise (via tokens) everything and make ~50x in credit funny money, while having little or no regulations (like crypto in early days), that is a business that gets all his attention.
Just random examples. A gold mining company (a thing for the next 10 years) needs one or ten billion dollars to build a mine. What do they do today? Sell a stream or royalty, sell equity and warrants, or mostly they get a credit line. Slow, complex and holds them back. Now Mr Fink's minions can make a deal, tokenise the whole contained gold in the deposit (after the usual bankable feasibility study), and with a little bit of banking magic they can sell it today, get the money tomorrow, fund the company's mine build, and get some 0.01% commissions at every step. But 0.01% of a 2Moz gold deposit will be worth $1M soon (almost there), so any further trading in these tokens between holders can bring $1M every day, or every hour, whatever the tading volume might be. Then there are copper mines that are costly to build ($10~20b), so a major pain to get funding for. And again, Mr Fink's magical tokeniser machine will turn it into tokens available for trading, and backed by real copper in the ground. This machinery unlocks illiquid high-quality assets with guaranteed demand, and once operational and reliable, it does it repetitively like a factory robot makes cars. Mr Fink can replace most of the private credit community that has been funding such mining projects, should he decides so. Next obvious market is real estate: fund the development by tokenising unbuilt buildings, sell it in open market to anyone interested, get his 0.01% on each transaction. In this one, Mr Fink will eat commercial bank's food, all of it, anywhere on the planet, not being limited to one country or something. Another thing is tokenised metals, all of them, from gold to minor metals that don't even have futures. Some XYZ Co may be sitting on several tons of iridium, and the only buyer is a refining company that will not be named here. A call to Mr Fink's minion, and bam! - iridium stash is tokenised, now freely traded by anyone interested, Mr Fink gets his 0.01% from each trade.
In terms of financialisation power, this is like a klingon battleship vs blonde in bathtub - who wins is not a probability. Mr Fink wants to win, so he wants his klingon battleship ready asap, and not become the blonde in bathtub when someone else does it first.
You cannot be awake 24/7 as an individual. You need to sleep. A firm does not have that limitation. It can employ a team of people with algos to be up around the clock.
Allowing this will just put individuals at a further disadvantage.
The firm is already trading 24/7 lol. Nothing is forcing you to trade 24/7. The price has already changed before you’re even allowed to trade as is. Forcing the entire country to only be allowed to trade 9:30am to 4pm EST is silly. Give people the freedom to place their trades when they want. Most people are not degen day traders. If I want to buy or sell based on major after hours news, I should be allowed to.
After hours and pre market already exists. And the lions share of trading volume still concentrates during market hours. It even concentrates more on opening and close.
Honestly correct level headed take. There could even be less craziness, since right now there are massive swings at market open and close. Set limit sell orders if you are afraid of your stocks tanking overnight.
No man somebody's going to program a bunch of shit to all hit at 3:00 a.m. eastern time and send computers into a trading frenzy and people are going to wake up and see that they've been wiped out
Liquidity is gonna suck. Futures already trade almost 24/7 but most people don't trade after hours because it often sucks. However, might be good to place random low bids in case someone fat fingers or something causing prices to suddenly drop and quickly recover.
The ultra wealthy only allow us plebs access to tools that built their wealth when they have something better that they can keep to themselves. You can bet that poors will stay poor no matter hour many hours a day the market is open
Who gonna dare go to sleep while the market is active..? Right now, we get all fuckd after hours by tweets.. Imagine goin to sleep and miss a tweet and boom down 20%
Edit: People just gonna sell off before they go to sleep, and pump when they wake up and repeat
Honestly if this happens I’m going to ETFs and trading only top 5 blue chip stocks for pennies. I will still need that rush. Everything else will be manipulated by algos all day, everyday.
If we’re just making random changes like this, then also need to tax market makers like 80% and force them to operate in the US or be excluded from market.
Frickin action for me in Hawaii. 4am est for me is 11pm. I already check pre market before going to bed, but now I can trade options at 11pm my time, frick yeah 🤙🏽
horrible, trading is stressful as fuck, so this will basically become hell if its non stop. Ive grown to love any day off. Ill prob have to give up if its 24/7
And I'm furious. After years of working for commodity firms at the CME I thought I escaped the bullshit of 24/7 trading when I switched to the equity side of things.
Join WSB Discord
algo rugpulls overnight as retail sleep
Awesome. I’m in Asia. I’ll buy the dip in my morning and sell before bed.
That’s LITERALLY how it works now. Not to mention over the weekend rug pulls as disgustingly rich assholes trade while us retards can’t.
24/7 would end this bullshit. All of a sudden theta is a reasonable metric if 24/7 is allowed.
Is it fair when theta crushes your trades while the 0.01% gets to trade while you can’t?
Do you honestly think the richest assholes aren’t trading when the market is closed?
With what exit liquidity?
He has no idea what he’s talking about
I actually do.
Do you think institutional traders don’t trade after the market is closed?
At best look at “dark pools”. At worst look at “dark pool naked fuckery”.
Why do you think a particular theta might be, say, 0.005, on Friday, then on Monday when you do the calculations it’s actually 0.010?
It’s cuz institutions are trading on Saturday/Sunday when you’re not allowed to do the same.
You’re seriously fucking stupid if you think the 0.01% isn’t fucking you when the market technically doesn’t allow trading.
They already trade 24/7 now. We can’t. That needs to change.
I googled "dark pool naked fuckery" and now I'm gay
You’re only as gay as the penis that’s in your mouth
If the woman has a penis, is it still gay?
Its only half gay
Dont lie. You were always gay
Welcome to the club!
I’m here for the naked fuckery
Lolol 🤣🤣
Nice.
Exactly, I don’t u destined why anyone is opposed to markets being open 24/7.
I guarantee you every hedge fund is against this because it levels the playing field for
retailretards.Hahahahahha
That’s not fully true. I can trade overnight on my brokerage.
No you can’t. You can’t trade after 8pm EST, IN REAL TIME.
They can. You can’t.
Yes I can. I can even show you later tonight if you want.
I presume what he means is, you cant trade at real time prices determined by the market. Out of hours trades can often be "fill or kill" or they may use their own liquidity pools. Either way, the prices is utterly determined by the broker and you can get shafted.
Yep. You get it. It’s not real time trading. Not like “they” see. It’s totally unfairly weighted.
This is one of the overnight markets that brokers connect to.
https://blueocean-tech.io/
"Charles Schwab offers 24/5 trading on its thinkorswim (TOS) platforms for over 1,100 popular stocks (S&P 500, Nasdaq 100, Dow 30) and ETFs, running from Sunday 8 PM ET to Friday 8 PM ET
"Robinhood offers a 24 Hour Market for hundreds of popular stocks and ETFs, allowing 24/5 trading from Sunday 8 PM ET to Friday 8 PM ET, outside of traditional market hours. This service uses limit orders for whole shares, not fractional, and involves higher volatility and lower liquidity, with trades executing through the Blue Ocean ATS.
Paper trading? Lol.
Same/different dumb shit.
RH isn’t market based in real time. GOOGLE how it actually works. You’re trading on “guesses”. Not to mention RH is a PFOF platform anyway.
Your a i. Is hallucinating about paper trading lmao, try to be more serious.
Both thinkorswim and robinhood you'll see the same changing values for bid/ask at exactly the same time, and you are trading in real time not queing up an order for the future.
Opinion immediately discarded
You do not. Weekend theta is priced in to weekday option prices. And options are still an efficient trading vehicle. With no discretion, option buyers and sellers net out at $0 profit with no discretion over a long enough period of time. There is no edge to option selling vs buying. This can only be true if theta does not crush over the weekend. Which it doesnt. Sometimes it may feel like it does, but its just vega or delta moving against you.
No one is going to trade off of it that’s a major player. Also if you are a retail trader you shouldn’t be advocating for this. All it means is wider spreads and more expensive options pricing.
How? If there’s more liquidity that means smaller spreads, by definition.
If the market is open 24/7 instead of 6.5/5 how does that lead to LESS liquidity? Not being snarky. I’m asking a legit question.
They do. I read lines. They trade on the holidays and days of Former President funeral's Also. The only times I don't see them trade, which doesn't mean anything, is on the days when it closes early. The whole day it's like those day's are on autopilot
You’re arguing about something you can easily look up.
“Dark pools” are ATS’s (alternative trading systems). ATS’s have different rules than the NYSE And NASDAQ.
For example, robinhood is an ATS - that’s why you can buy fractional shares even though market makers on the NYSE/NASDAQ can’t place orders for fractional shares.
Institutional investors and accredited investors (defined by amount of capital not investment experience) use ATS’s, except they aren’t using them to buy fractional shares. Instead, the ATS’s they use give them the advantage of 24 hour trading, with the caveat being that those trades must be between members of the ATS, meaning there’s significantly lower liquidity than normal markets. However, the benefit of being able to trade overnight and on weekends is obviously huge.
So, to back up OP, he is 100% right and you are wrong. You didn’t do a simple google search of finra rules to see that you are factually incorrect.
that being said, i’ll pushback on OP’s narrative that retail is fucked over because of this. While futures look at ATS trade data, their pricing isn’t 1:1 and the futures market has a much bigger impact on where a stock opens premarket than the ATS/dark pool trade activity.
Seriously?
Please google it and come back to edit your comment.
The exit liquidity is provided every Friday after 8pm EST right now. You ,as a retard retail trader, can’t exit your position until Monday, earliest, but the 0.01% CAN on Saturday or Sunday without your permission which SHOULD be against the rules of the market but they don’t care and they definitely do.
Theta has no meaning over the weekend if the richest assholes can exit a trade before retail can.
Who is buying from the rich assholes? Other rich assholes?
Yep
Imagine you “only” have $1billion to spend. A $0.05 swing is what? A few hundred million? Then multiple that by a million or more.
Not to mention taking call/put positions when retail isn’t allowed to trade on Saturday news from the Cheeto in Chief.
That’s easily hundreds of millions in profit from Saturday to Monday when YOU can’t trade but they can.
You’re out of your mind if you think they’re not doing this.
For everyone making money someone has to lose money but oh well
That’s literally how options work, right? Not exactly but yeah.
Today I bought $1500 in RKLB calls. Seconds after they filled I realized I missed it. Sold for $950 ish. If I didn’t sell immediately I’d be down over $1,000 instead of 600-ish. Meh.
Then I bought 100 RKLX shares for $3200 and sold one CC for $205 exp DEC 19.
It is what it is. 😂
Literally yes.
I agree, especially if you look at like any of the top beta stocks on the Russell or something or any worse on the NASDAQ. They go up for like 2 to 3 weeks and then they get smashed down until options Expiration Thursday Friday. It’s been the same cycle since September. And I’m sure the same cycle existed before that. The high-speed trading firms can do whatever they want to any stock. And retail will be holding the bag as always.
It’s worse on the weekends. I’ve seen my exgf’s family broker spend millions on a Saturday when retail cannot make trades but apparently he can. It’s stupidly unfair.
You realize you're not forced to buy options right?
Good point. Although they hold many other advantages aside trading as you sleep: -they are the market makers (sometimes literally) -massive leverage -ability to stay liquid a lot longer -really good AI market tools -insider knowledge
I mean big institutions can’t really trade outside RTH (I mean of course they can but not for size that would be meaningful)
Yup 👍 Google and see what price action is during market versus price action overnight…
Most of the price movement is overnight, albeit with lower volume
The market isn’t open for anyone on weekends dude. Who exactly do you think the ‘disgustingly rich people’ are trading with on weekends
They’re not trading with retail so much are they’re trading against retail. It’s mostly between other rich assholes for pennies on the dollar x billions of dollars.
My ex gf is one. She’s one of the heirs to PACCAR. She’s disgustingly wealthy. I know her family broker personally. They do trade when the market is closed to us retail retards.
It’s a fact.
There’s much more liquidity when the market is closed then you (retail) understands.
What you and I see after the market closes on Friday at 8pm EST DOES NOT reflect the actual liquidity in the market.
They’re all misleading retail. That’s why I’m fully on board for 24/7 trading. It levels the field for
retailretard traders.You don’t understand the mechanics of how trading works as a concept
How does that work?
Stop sleeping bro
I get that prices dump overnight, but who is on the other side of these trades?
how can they rugpull, someone has to buy the bags
So ppl can lose money 24/7 now??
Rugpull while you sleep. Wake up broke.
Bold of you to assume that doesn’t already happen.
Yeah, I wake up broke every fucking day.
Time zones
So I just go short, then go to bed, and I’ll wake up winning? EZPZ /s
I mean crypto traders already lose money 24/7
Crypto has trained me for the rugpulls
I’ve been doing that for a decade.
No need to head to the casino at night when you can just invest in the market 24/7
Now, I can lose money all day AND all night!
puts on betting companies. no need to gamble on the Australian women's 5th tier volleyball league because the markets are closed
We're gonna need so much more cocaine
So that's why we're invading Venezuela and buddying up with Peru...
Calls on COLCAP
Bout time. Just about every casino except the stock market is 24/7 already.
Will it remove the clock from your phone/computer when you open up the brokerage app/website?
BlackRock CEO Larry Fink said: "everything will be tokenized". Big brokers already have dark pools active outside of exchange trading hours. No reason for exchanges not to be active 24/7: if exchanges don't do it, banks will do it without them.
What's the general thoughts on Fink around these parts?
Buddy of mine just had dinner with him, it was a design meeting as he is an architect on the team designing Finks new vacation home in CO. Surprised to hear he was a super down to earth guy and generally nice during the meeting.
Curious about others opinions on the guy.
Well lots of us have dinner with him all the time so surely someone will weigh in
Yeah I had dinner with him last week and I got to suck his penis before picking up the bill
Thanks for putting it on the Internet I'm sure your friend appreciates it
At his level of capabilities, tokenisation infrastructure (once fully operational and reliable) enables financialisation of absolutely everything, while regulation on tokenisation will inevitably be late by years and decades, due to inner complexities of infrastructure. If a banker can collateralise (via tokens) everything and make ~50x in credit funny money, while having little or no regulations (like crypto in early days), that is a business that gets all his attention.
Just random examples. A gold mining company (a thing for the next 10 years) needs one or ten billion dollars to build a mine. What do they do today? Sell a stream or royalty, sell equity and warrants, or mostly they get a credit line. Slow, complex and holds them back. Now Mr Fink's minions can make a deal, tokenise the whole contained gold in the deposit (after the usual bankable feasibility study), and with a little bit of banking magic they can sell it today, get the money tomorrow, fund the company's mine build, and get some 0.01% commissions at every step. But 0.01% of a 2Moz gold deposit will be worth $1M soon (almost there), so any further trading in these tokens between holders can bring $1M every day, or every hour, whatever the tading volume might be. Then there are copper mines that are costly to build ($10~20b), so a major pain to get funding for. And again, Mr Fink's magical tokeniser machine will turn it into tokens available for trading, and backed by real copper in the ground. This machinery unlocks illiquid high-quality assets with guaranteed demand, and once operational and reliable, it does it repetitively like a factory robot makes cars. Mr Fink can replace most of the private credit community that has been funding such mining projects, should he decides so. Next obvious market is real estate: fund the development by tokenising unbuilt buildings, sell it in open market to anyone interested, get his 0.01% on each transaction. In this one, Mr Fink will eat commercial bank's food, all of it, anywhere on the planet, not being limited to one country or something. Another thing is tokenised metals, all of them, from gold to minor metals that don't even have futures. Some XYZ Co may be sitting on several tons of iridium, and the only buyer is a refining company that will not be named here. A call to Mr Fink's minion, and bam! - iridium stash is tokenised, now freely traded by anyone interested, Mr Fink gets his 0.01% from each trade.
In terms of financialisation power, this is like a klingon battleship vs blonde in bathtub - who wins is not a probability. Mr Fink wants to win, so he wants his klingon battleship ready asap, and not become the blonde in bathtub when someone else does it first.
https://preview.redd.it/8k7dbgcpzf7g1.jpeg?width=421&format=pjpg&auto=webp&s=9ce30e083e9c8a27543727e909d25da82ee5d099
Hey
Oh so the economy is bad bad
Fr
Calls on insomnia
Calls on Red Bull
MNST to the moon!!!
Nice lose money day and night now. Casinos never closes and house always wins.
I can barely handle waking up at 6 am to trade LMAO
So now you don’t have to. Any time is 6am!
The west coast about the get our revenge.
[deleted]
We have enough regards, thanks.
The head regard is also orange
Add one more regard to Hawaii. Moving there next summer.
Been a long long time coming
This is terrible I hate this so much.
Greed. Retail traders will miss the "off" switch.
Why? Banks are allowed to trade 24/7. Why can’t retail? It’s unfair that they can get in or out of a position before everyone else.
You cannot be awake 24/7 as an individual. You need to sleep. A firm does not have that limitation. It can employ a team of people with algos to be up around the clock.
Allowing this will just put individuals at a further disadvantage.
The firm is already trading 24/7 lol. Nothing is forcing you to trade 24/7. The price has already changed before you’re even allowed to trade as is. Forcing the entire country to only be allowed to trade 9:30am to 4pm EST is silly. Give people the freedom to place their trades when they want. Most people are not degen day traders. If I want to buy or sell based on major after hours news, I should be allowed to.
This definitely screams no bubble at all. None.
Can you explain?
Ask grok to spoonfeed you
Grok, can you spoonfeed me
Grok, can you explain this?
Grok, explain please
Grok, blow my meat... slowly!
Grok, who gives the best head in the world? (Elon musk?)
https://preview.redd.it/fzlpmxz2gg7g1.jpeg?width=975&format=pjpg&auto=webp&s=f0016dd1a7f7d05ff3d2fbcd2b0f0c0e3ff1cba4
This sub is fucking cooked when this happens.
This is going to be a fucking disaster.
Nothing will happen.
After hours and pre market already exists. And the lions share of trading volume still concentrates during market hours. It even concentrates more on opening and close.
It's all robots anyways. This just furthers the advantage robots/AI has on the market cause they don't sleep. Fuck this scam ass market tho
It’s just preparation for the future AI wars
Honestly correct level headed take. There could even be less craziness, since right now there are massive swings at market open and close. Set limit sell orders if you are afraid of your stocks tanking overnight.
24/7 opening would definitely influence when the lions share of trading volume happens
"It won't change anything, all the trading happens when the market is open". The definition of open is changing retards lmao.
No man somebody's going to program a bunch of shit to all hit at 3:00 a.m. eastern time and send computers into a trading frenzy and people are going to wake up and see that they've been wiped out
Is this options too? Most brokers already have 23/5 stock trading
I really hope not, I can’t get a definitive answer anywhere from the articles I’ve read.
I refuse to believe that we can’t just turn it off and on again when we don’t like what it’s doing.
Liquidity is gonna suck. Futures already trade almost 24/7 but most people don't trade after hours because it often sucks. However, might be good to place random low bids in case someone fat fingers or something causing prices to suddenly drop and quickly recover.
24/7 QQQ options?? Oh mama!!
You can already trade SPX options 24/5.
i dont like SPX.
I would like to sleep as well, please
Gonna add so much productivity and value to the economy when everyone is gambling and RICH
Nice lose money day and night now. Casinos never closes and house always wins. Lose money faster and then go to sleep crying
The ultra wealthy only allow us plebs access to tools that built their wealth when they have something better that they can keep to themselves. You can bet that poors will stay poor no matter hour many hours a day the market is open
They are betting on AI destroying the poor and what better time for AI than while the poor sleep.
Nasdaq Trillion dollar LEAPS ON DECK
Will be interesting to see if market circuit breakers will be respected in the new hours. Earnings season might end up seeing a lot more halts if so.
This is a horrible idea
Who gonna dare go to sleep while the market is active..? Right now, we get all fuckd after hours by tweets.. Imagine goin to sleep and miss a tweet and boom down 20%
Edit: People just gonna sell off before they go to sleep, and pump when they wake up and repeat
Puts on my sleep schedule
Stupid idea and shouldn't happen. Instant price discovery in illiquid markets is not a good idea.
The biggest rug pull is the 15 minute delay in the Share price movement.
Honestly if this happens I’m going to ETFs and trading only top 5 blue chip stocks for pennies. I will still need that rush. Everything else will be manipulated by algos all day, everyday.
If we’re just making random changes like this, then also need to tax market makers like 80% and force them to operate in the US or be excluded from market.
Frickin action for me in Hawaii. 4am est for me is 11pm. I already check pre market before going to bed, but now I can trade options at 11pm my time, frick yeah 🤙🏽
Those working on Wall Street will need more cocaine. Calls on cocaine.
Futures are already 23/5, so...
CNBC After Dark is about to be must see TV 👀
Seems like a terrible idea, no thanks.
They really want to snatch whatever leftover money this sub has 😂😂
Calls on Cocaine futures!
Oh nice! This must mean our economy is doing great!
NASDAQ sponsored by FanDuel
now you can get fucked 24/7
Over for me, I'm already glued to my screen from the opening bell to the closing bell. It would kill my mental health, I'm addicted to trading
Give no breath to those algos
Ladies and genitals...the casino will remain open...place your bets.
Thats nice
24/7 loss porn.
Great news! Finally
WE LOVE GAMBLING
All night casino!
Bruh.
Cocaine sales are about to boom
What will “Sir. This is Wendy’s.” morph into if we’re rammed 24/7?
Like crypto 😃
Can lose money while I sleep fuck yeah
Hell ya! I want more hours
Jus trade crypto, there you go! 24/7
Exclusive as in it is only being reported on wsb?
This is so toxic it’s not even funny.. here for it
Oh no 😟
Lose more money that’s great
CLOSE THE CASINO (sometimes)
Makes exit liquidity even easier to exploit.
Just as I predicted LMAO🤌
How long is the crab now?
Calls on blow
Go ahead and accelerate that Ai bubble burst before new years
horrible, trading is stressful as fuck, so this will basically become hell if its non stop. Ive grown to love any day off. Ill prob have to give up if its 24/7
If you thought bitcoin manipulation down every Sunday night was effing awful, wait until stocks do the same
No one is leaving the casino
Ai trading twenty foh seven
And I'm furious. After years of working for commodity firms at the CME I thought I escaped the bullshit of 24/7 trading when I switched to the equity side of things.
Damn, they really want to widen that gap from the poors.
Great…more fuckery …fuck
The next part is the bankruptcy or other -xx% news get released on the weekends / overnight
I won’t be able to sleep
They Still Haven’t Told You
Historically, most gains occur overnight. Wonder what would happen with this proposal
WSB mods gonna need a raise
I feel bad for the young ones just starting out
I don't like this..
this feels like a bear market decision
Nooooooooooooooooooooo!!!!!!!!!!!!!!!!!!!!!!!!!!!
And Pricing teams across the world wept….