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Question; why does Wall Street have to trade during daylight hours? Why can't they conduct trading at the same time as the Asian market? Seems to me that countries like China will pay whatever the price is which sets the pace for the rest of the world. I understand that in the past, there was no way around time zone differences. But, with todays technology, why not "real-time" global trading. I'm not necessarily suggesting that we conform to China's trading guidelines, but maybe something that works more globally.
Maybe I'm totally wrong in my questioning this. I guess I'm not that well versed in what goes on in the stock markets. Can someone enlighten me?
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