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🚨 24/7 TRADING IN FOREX?? Institutions eyeing crypto vibes for that non-stop 📈🚀
is the FX market really gonna go 24/7 like crypto? 🫠are we gonna see bankers pulling all-nighters sippin’
The shift towards 24/7 trading in traditional currencies mirrors the adaptability of institutions to cryptocurrency market dynamics: this transition poses challenges in altering entrenched FX
The foreign exchange (FX) market operates 24/5, closing at night and on weekends. This traditional model contrasts with the continuous 24/7 trading in cryptocurrency markets, fostering quicker price adjustments but also increased volatility. Some institutions are considering adapting to the cryptocurrency model. Recent initiatives like Deutsche Börse’s 3DX showcase potential shifts towards 24/7 trading in FX. However, challenges remain in transforming established FX infrastructure for a more flexible trading environment. Incremental changes may precede a full transition to round-the-clock trading.
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