The traditional Wall Street weekend routine is being disrupted by the rise of crypto markets, which operate around the clock. By Friday afternoon, traders typically start thinking about risk management, as they cannot adjust their positions until markets reopen on Sunday evening. However, with the advent of crypto exchanges offering perpetual futures contracts, traders can now hedge their bets and react to market changes in real-time, even on weekends.
This shift has significant implications for the trading landscape, as it allows traders to capture profits and manage risk more effectively. While institutional traders have been slow to adopt this new paradigm, crypto-native firms, proprietary trading shops, and savvy retail traders are already leveraging perpetual futures to their advantage. As the market continues to evolve, it is likely that traditional finance will be influenced by crypto innovations, and the concept of a 'weekend effect' may become a thing of the past.