Traders are the big winners as 24/7 stocks will finally end the after-hours price ‘manipulation’
Round-the-clock markets promise freedom for investors and pressure for intermediaries who traditionally wielded immense power during off-hours What to know: As major U.S. exchanges move toward 24/7 trading, some claim that the current system allows brokers to exploit thin after-hours liquidity and to use opening auctions to influence prices and trigger client stop-losses. Academic studies…
