Wall Street wants 24/7 trading, but somebody has to bankroll the weekend

Image: CryptoSlate
Wall Street's move toward round-the-clock trading includes a key decision about who supplies cash when the main wholesale payment systems are closed. If you want to adjust a position on Saturday, being able to trade saves you from waiting until Monday. The companies behind your trade still have to manage what they owe until they can settle, and they have to decide how much more business they can take on before they can replenish their cash or collateral. CME opened its crypto derivatives markets on weekends in May, but kept settlement on a business-day schedule . Some stablecoin providers give customers faster access to cash by putting money at partner banks in advance.
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