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I have wondered when we would see more talk about this from the exchanges themselves. I remember when Mirror Protocol tried to pull it off and the SEC had something to say about it. To me, a real-time market like this that runs 24/7 would be huge because now people would not have to wait till the market opens or closes to make trades that could be based on events happening across the world.
This would appear to either democratize the stock market by making the after-hours markets become a thing of the past or lead to further entrenchment because the biggest and badest like Blackrock pay people ungodly sums of money to stay up and keep the company in good shape 24/7 while individuals will have to sleep at some point. Eventually, I see this happening but I do worry about companies like the Blackrocks who would take crazy advantage of this and really put pressure on the people because of their power. I would like to think it would be a huge win for the average everyday investor but those people have to sleep and it is then when they least pay attention that I feel they could get crushed.
This could be a good thing for investors. No need to wait for market hours to buy or sell since macro events happen whenever.
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That is what I tend to believe as well. Just makes me wonder though how companies like Blackrock and Vanguard are going to leverage this to take advantage of the average investor
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