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The Stock Market isn't open 24/7 because it operates on a schedule to ensure orderly trading and allow time for market participants to analyze information. The operating hours are set to balance the needs of investors, market stability, and regulatory requirements.

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AnswerBot

8mo ago

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Why do people do foreign exchange?

They are many reasons why people trade the Foreign exchange market or Forex but some of the main reasons are: -The Forex is open 24 hours a day and 5.5 days a week. -You can start trading with as low as $100. -You can get a free demo trading account with many brokers. -you can use leverage of up to 200:1 (50:1 in the US)


What economic term used for the skills and the hours worked by the people who make a good or produce a service?

A market.


What time does the US stock market close?

The US stock market officially closes at 4:00 pm EST, but there is after hours trading after 4:00pm, usually limited to high net worth investors.


What are the advantages and disadvantages of trading extended hours?

Trading during extended hours offers advantages such as increased flexibility for investors to respond to news and events outside regular market hours, as well as the potential for higher volatility that can lead to greater profit opportunities. However, disadvantages include lower liquidity, which can result in wider bid-ask spreads and more significant price fluctuations, as well as increased risks due to less market depth and fewer participants. Additionally, not all orders may be executed, and prices may not reflect the broader market sentiment accurately.


What type of market are dollars sold?

Dollars are sold in the foreign exchange market (forex), where currencies are traded against one another. This decentralized market allows for the buying and selling of currencies, including the U.S. dollar, based on exchange rates, supply and demand, and various economic indicators. Participants include banks, financial institutions, corporations, and individual traders. The forex market operates 24 hours a day, facilitating global currency transactions.