13-Hour Trading Day?
Imagine a trading day in which market openings and closings are a formality and trading volume moves around the globe with the sun.
In this scenario a profit warning by a major multi-national corporation has sent its shares tumbling in Hong Kong. Fearing their shares will bottom out before Wall Street awakens, bankers in London begin to place orders at 8 a.m. British time.
In this scenario a profit warning by a major multi-national corporation has sent its shares tumbling in Hong Kong. Fearing their shares will bottom out before Wall Street awakens, bankers in London begin to place orders at 8 a.m. British time.
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