What would you change US stock market hours to if you could & why? (long on thoughtfulness please, funny is an option, keep puns short)
Here’s another thought. How about introducing newly public companies to market by starting with short trading hours, 3 days a week & then opening up to standard hours after 1-2 years?
What would be ideal public exchange hours from the standpoint of emerging biotech companies (consider their needs) and the funds that provide most of their backing?
Results would prob look different if we polled executives of newly public biotechs & their major backers. They need markets for financings & some liquidity for employees. Major holders trade in blocks. Fewer trading days, shorter hours would get it done w/less distraction.
The markets, as they exist now, serve traders & represent a compromised existence for companies looking for a broader set of investors. Would be cool if there were a Nasdaq-lite market. I think biotech would be more productive... & each open day more special for its traders.
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