EDITTORIAL
EDITTORIAL
Exchanges Fire Back With Night Trading
"This stuff about night trading is white hot," one industry observer told me over lunch last week. Little did he know that by the time Thursday rolled around, Nasdaq would have already confirmed its plans to expand its hours. NYSE will undoubtedly follow suit shortly.
Now, don't get me wrong, we don't usually cover the exchanges, except in a sort of trade/order routing way, but this move signals the opening volley in what no doubt will be a long, bitter
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