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Forget Sleep. Who’s Ready to Trade All Night?

Big Take

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Challenges and Benefits of 24-7 Trading on Wall Street

The chapter explores the hurdles for enabling 24-7 trading on Wall Street, including the necessity for centralized clearing and settlement, and emphasizes the resistance to change among some market participants. It also delves into the advantages for retail traders and the shifting landscape of trading and traders in the aftermath of COVID-19 and the meme stock phenomenon.

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