Moomoo is Featured by Barron's as a Platform Offering Varying Degrees of 24/7 Trading

By Paul La Monica, November 21, 2024

(Barron's) -- Cold pizza goes stale fast. Just ask traders of Domino’s Pizza. The chain’s stock recently popped 8% after hours on news that Warren Buffett’s Berkshire Hathaway had acquired a $550 million stake. The next morning, the stock cooled off and closed down 1%, leaving a bad taste for traders who had bought it piping hot the night before.

The idea is gaining traction on Wall Street. Brokerages and exchanges are steadily extending trading hours to a 24/7 world. Tech upstarts are pushing for approvals to launch new all-hours trading venues. Regulators in the incoming Trump administration may also be amenable, especially at the Securities and Exchange Commission, where Trump is likely to appoint a chair far friendlier to Wall Street than Gary Gensler.

Even without more regulatory easing, brokerages have steadily expanded stock trading to the wee hours. Interactive Brokers Group, Robinhood Markets, Charles Schwab, and Webull now offer varying degrees of 24/7 trading, along with upstarts like Moomoo Technologies.

To read more, please click here: Bitcoin Trades All Night. Why Not Stocks?