@cheebeekay
Pyth Indices and the Evolution of Always-On Markets
One of the biggest misconceptions about modern finance is that the industry is still defined by market hours.
In reality, markets have already become global and continuous.
A trader in Asia can react to a U.S. earnings report while American markets are closed. Crypto traders can position themselves around geopolitical developments happening over a weekend. Investors can express views on commodities, technology, AI, and macroeconomic trends at any time of the day.
The world no longer operates on Wall Street’s schedule.
The challenge is that much of the infrastructure behind financial markets still does.
0 reply
0 recast
0 reaction