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why is there a daily break?
Updated November 27, 2017
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why is there a daily break?
November 26th, 2017, 10:00 AM
Posts: 3,647 since Jul 2012
Thanks Given: 1,890
Thanks Received: 7,338
LukePoga
i appreciate your reply.
none of those
points need to stop the market. settlements occur on expired
contracts and are no longer traded so its got nothing to do with that.
accounting and margin can be calculated in parallel.
matching engines do not need memory clean up.
all reports can be done in parallel as well. (read only mirror for example).
(IT manager above, you should know better lol)
Why don't you ask the exchanges yourself, instead of trying to argue with people who are trying to answer your question?
Argue with the exchanges.
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
November 26th, 2017, 02:14 PM
Northern California where the girls are warm
Posts: 122 since Nov 2010
Thanks Given: 15
Thanks Received: 72
LukePoga
i appreciate your reply.
none of those
points need to stop the market. settlements occur on expired
contracts and are no longer traded so its got nothing to do with that.
accounting and margin can be calculated in parallel.
matching engines do not need memory clean up.
all reports can be done in parallel as well. (read only mirror for example).
(IT manager above, you should know better lol)
If the people who operate this business don’t need to stop their systems everyday, why haven’t they? If it was financially worthwhile, someone would push for it. My guess is they figure most people who would have traded during the downtime will still trade, so there isn’t much upside. While all your points may be valid, there would be significant cost to converting. That cost will drop over time, and i think we will get to 24/7 trading.
Sent from my iPad using futures.io
November 26th, 2017, 02:49 PM
Sydney Australia
Experience: Intermediate
Platform: Rithmic API
Trading: ES CL
Posts: 63 since Jan 2014
Thanks Given: 11
Thanks Received: 24
bradhouser
If the people who operate this business don’t need to stop their systems everyday, why haven’t they? If it was financially worthwhile, someone would push for it. My guess is they figure most people who would have traded during the downtime will still trade, so there isn’t much upside. While all your
points may be valid, there would be significant cost to converting. That cost will drop over time, and i think we will get to 24/7 trading.
futures.io
although there are no technical limitations to going 24/6, you do make a valid point to say why bother?
- breaks in trading cause markets to lose track of value ... gaps.
- i would find it cleaner to code.
..
cant think of many reasons!
if it were set up today it would be 24/7 but it wasnt so it isnt.
November 26th, 2017, 08:24 PM
Isla Mujeres, MX
Legendary Market Wizard
Experience: Advanced
Platform: NinjaTrader
Broker: Ninjatrader / Optimus Futures / AmpFutures
Trading: ES / 6E / 6B / CL
Frequency: Every few days
Duration: Minutes
Posts: 1,609 since Aug 2009
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"Stay away from negative people...
they have a problem for every solution"
Einstein
Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind . . .
But Learning to Dance in the Rain ! ! !
November 26th, 2017, 11:31 PM
Sydney Australia
Experience: Intermediate
Platform: Rithmic API
Trading: ES CL
Posts: 63 since Jan 2014
Thanks Given: 11
Thanks Received: 24
DavidHP
"Stay away from negative people...
they have a problem for every solution"
Einstein
... also, refrain from asking interesting questions, and stick to the status quo!
Last Updated on November 26, 2017