Are we on our way to 24/7 trading in equities? - 0 views
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John Kiff on 17 Jul 23Whether or not equities will eventually mirror the 24/7 trading environments we see within the foreign exchange and cryptocurrency markets is yet to be seen. Technological advances have been made which suggest it could be feasible, however, whether the industry deems the concept fit for purpose in equities is still a debatable prospect. However, we will see an increase in coverage requirements and there are some benefits to the change. Foremost is smooth and continuous trading, meaning an asset manager can work on a global level with minimum hinderance. Utilising regional desks improves local understanding and creates market knowledge specialists who can leverage their expertise rather than relying on one generalist desk for global coverage.