With the internet, we can now access almost all kinds of services 24/7. Except stock markets! Well, have you ever thought about why these markets, where millions of investors around the world trade, do not remain open 24 hours a day? In this content, we will look for an answer to this question!
Undoubtedly, stock markets are the place where millions of investors set their sights. full of opportunities and risks financial arenas. We can now make our investments digitally in the stock markets, which were the focus of investors even centuries ago.
Well, if investments can be made over the internet, why are stock exchanges treated as if transactions were made in a physical place? at certain times and days is it working? Wouldn’t it be nice if they were open to transactions 24/7, like cryptocurrency exchanges?
For example, let’s take a look at the trading hours determined by Borsa Istanbul.
Borsa Istanbul’s trading hours are summarized on Garanti BBVA’s website as follows;
- 09.40 – 09.55: Order Collection in the Opening Session
- 09.55 – 10.00: Price Determination and Transaction
- 10.00 – 13.00: Continuous Operation
- 13.00 – 13.55: Single Price Session (Midday)
- 13.55 – 14.00: Matching/Price Determination
- 14.00 – 18.00: Continuous Operation
Also, Borsa Istanbul on weekends and public holidays Let us also point out that it is closed.
So why is this so? In fact, there are multiple reasons behind why stock exchanges have certain working hours and holidays.
First of all, since stock market transactions are largely based on human decisions, stock exchanges being open for trading at certain hours are beneficial for investors. work and life balance allows it to provide.
Stock exchanges are open for trading during regular working hours and these professionals performance and decision-making abilities affects positively.
Additionally, companies often release important information outside market hours. This means that investors analyze the information thoroughly and make a decision when the market opens. conscious decisions allows you to receive it.
Additionally, certain trading hours allow for higher liquidity and efficient price discovery by concentrating transactions.
In this way, markets healthy and stable is ensured to function properly.
Another reason is cost issue. Operating an exchange 24/7 requires additional personnel and operational resources, which may result in increased costs and decreased efficiency.
In addition, during the time when the stock market is closed, the necessary maintenance, updates and security checks Work is being done to make it happen.
In addition, the fact that stock exchanges are open for trading at certain hours means that these institutions to be inspected It also makes it easier.
In summary, stock exchanges have certain trading hours. To protect both investors and general market health It aims to ensure that markets operate efficiently, fairly and with adequate human oversight.
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