24-Hour Trading

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24-Hour Trading

The trading of a security or contract on a constant basis. Some computer programs, notably Automated Screen Trading, allow 24-hour trading so buying and selling can continue even after exchanges close. Foreign exchange markets also permit trading 24 hours per day between Monday and Friday. See also: ECN.
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This system allows for 24 hour trading while also allowing traders who are not physically located on the Chicago trading floor to participate.