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why is there a daily break?


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why is there a daily break?

  #11 (permalink)
 kevinkdog   is a Vendor
 
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LukePoga View Post
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.

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  #12 (permalink)
bradhouser
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LukePoga View Post
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.



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  #13 (permalink)
 LukePoga 
Sydney Australia
 
Experience: Intermediate
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bradhouser View Post
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.

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  #14 (permalink)
 
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 DavidHP 
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  #15 (permalink)
 LukePoga 
Sydney Australia
 
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DavidHP View Post
"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!

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Last Updated on November 26, 2017


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