The stock market closes. But the news doesn't. đ
Imagine a company releases its earnings after the US stock market closes, and the results are worse than expected.
What if you're holding that company's stock and want to reduce your exposure?
This is one use case I find interesting about bStocks on Binance.
With 24/7 trading, you can react to market developments without having to wait for the next regular trading session.
As someone who follows macroeconomic news closely, I know how quickly market sentiment can change after major announcements.
And the numbers are interesting too. In August, 58% of bStocks trading volume happened outside regular US market hours.
Of course, trading outside regular hours comes with risks, including lower liquidity and wider spreads. Having more flexibility doesn't automatically mean better trades.
But being able to manage your exposure when news breaks, rather than waiting for the opening bell? That's useful.
@Binance Angels #BStocks
Imagine a company releases its earnings after the US stock market closes, and the results are worse than expected.
What if you're holding that company's stock and want to reduce your exposure?
This is one use case I find interesting about bStocks on Binance.
With 24/7 trading, you can react to market developments without having to wait for the next regular trading session.
As someone who follows macroeconomic news closely, I know how quickly market sentiment can change after major announcements.
And the numbers are interesting too. In August, 58% of bStocks trading volume happened outside regular US market hours.
Of course, trading outside regular hours comes with risks, including lower liquidity and wider spreads. Having more flexibility doesn't automatically mean better trades.
But being able to manage your exposure when news breaks, rather than waiting for the opening bell? That's useful.
@Binance Angels #BStocks