The traditional Wall Street trading routine is being disrupted by the emergence of crypto markets, which operate around the clock. This shift is enabling traders to manage risk and make trades on weekends, a time when traditional markets are typically closed.
As a result, the concept of a 'weekend effect' in trading is being reevaluated, with traders now able to hedge their positions and respond to market developments in real-time, regardless of the day of the week. The growth of perpetual futures contracts, also known as 'perps,' is driving this change, providing traders with a tool to gauge market direction and make informed decisions. While institutional traders have been slow to adopt this new paradigm, the potential benefits of 24/7 trading are clear, and it may not be long before the traditional Monday-to-Friday trading week becomes a thing of the past.