DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing Why Do Markets "Close"?
May 21, 2025
Join the hosts as they delve into the intriguing history of stock markets and their modern dynamics. Discover why market hours are important for traders and how electronic trading has changed the game. Explore the evolution from early trading practices to the contemporary exchanges we know today. Learn about the transformation in investing due to technology and accessibility, along with how market closures impact mutual funds. They even touch on emerging trends like cryptocurrency and tokenization that could redefine investing methods.
AI Snips
Chapters
Transcript
Episode notes
Why Markets Have Hours
- Stock market trading hours exist largely due to historical and practical reasons, not just technical limitations.
- Professionals need defined hours to take breaks and manage market news timely.
Markets Trade Nearly 24/7 Globally
- While major US exchanges close, other markets globally operate during US off hours, creating near 24/7 trading.
- Markets interconnect worldwide, with news affecting trading across time zones dynamically.
Quint's Trading Floor Memories
- Quint toured early mutual funds and stock exchanges with his father, witnessing the transition from manual trust books to chaotic trading floors.
- He experienced the lively, crowded trading floors in the 1980s, contrasting with their emptiness today.