r/wallstreetbets • u/orhan_drsn • 26d ago

News RIP sleep

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u/Terrapins1990 26d ago

This is nuts. Extending the hours makes more sense but 24 hour exchange is just insanity and the only ones who will generally benefits are hedges/banks with tons of servers and algos working around the clock

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u/SignificantGlove9869 26d ago

wrong

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u/Terrapins1990 26d ago

what is exactly wrong? That banks/hedges will likely see the most benefits out of this or a 24 hour exchange is insanity?

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u/SignificantGlove9869 26d ago

how can a hedge fund with several billions profit from low volume hours. if they would profit from this, we already had a 24 market. Big guys hate low volume environment. because they are the ones who can't react with their millions of shares, while small retail trades can get in and out quickly.

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u/Terrapins1990 26d ago

Think your actually describing the disadvantage of retail investors vs banks/hedges in your case. Big guys generally stand to benefit more then the retail investor in this enviroment since lower amount of market activity means they can generally position themselves better then a retail investor can

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u/SignificantGlove9869 26d ago

Ever tried to sink 500 million dollar in cash in a stock that has only 200 million dollar or less daily volume?

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u/Terrapins1990 25d ago

But I mean who would in even normal trading day?

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u/SignificantGlove9869 25d ago

the point is, the lower the water level, the more difficult it is for the big fishes.