The Rise of Crypto: Redefining Wall Street's Weekend Trading Habits
As the week draws to a close, the atmosphere on commodity trading desks undergoes a significant shift. For the first four days, traders focus on maximizing profits, but by Friday lunchtime, their attention turns to managing risk until markets reopen on Sunday evening. The 48-hour market closure can be a prolonged period, especially when holding positions tied to highly active markets, with no opp…