On Friday, the Dow Jones Industrial Average moved over 1000 points, changing direction 18 times in the last trading hour alone.
The Merc's new Globex2, set to launch this fall, can handle 24-hour trading via the Internet.
This week it announced plans for an Internet-based stockmarket in Japan, bringing it closer to 24-hour trading.
They would rather see looser listing requirements at traditional stock exchanges (as is happening in Singapore), an Asia-wide second market linking many of the smaller exchanges, or even Nasdaq itself extended fully to Asia, with 24-hour trading and local listings.
Last week, I asked why the market was so volatile during the final hour of trading.
Citigroup shares were 7.8% higher in the final hour of trading Wednesday, speeding past peers.
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Heading into the last hour of trading, all three major indexes were down around half a percent.
The most powerful move came in the final hour of trading, after blue-chip financial company J.
Shares of DineEquity, incidentally, were down more than 6% on Monday during the last hour of trading.
The MSCI Brazil index is up half a percent within the first hour of trading in New York.
The advance was short-lived though as stocks entered the final hour of trading right around the break-even mark.
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Despite the move, Wall Street plunged 311.99 points in the first hour of trading before recovering some of its losses.
The Dow Jones industrial average pulled back from the 14, 000 level, dropping 105 points to 13, 905 in the first hour of trading.
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And in a world of 24-hour virtual trading, it makes little difference whether a commodities deal is brokered in Saadiyat or Chicago.
U.S. markets dropped sharply in the final hour of trading Wednesday, triggered by warnings about U.S. bank exposure to the growing European crisis.
The SPY was up 0.4% in the fist hour of trading.
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The index then gave up some of its gain in the last hour of trading to end up just 6.05 points, or 0.4 percent, at 1, 654.41.
In the final hour of trading, shares looked set to notch their second-biggest decline of the year but recovered from their worst levels of day shortly before the close.
Bond prices eased somewhat as equity prices spent the first hour of trading holding on to significant gains and before the Federal Reserve makes its regularly scheduled policy statement.
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The news saw the firm's share price fall by more than 50%, from 11.38p at the close of trade on Tuesday to 5.58p within the first hour of trading on Wednesday.
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U.S. equities finished in the green again Wednesday after a choppy start to the session, with a sizable portion of the advance coming in the final hour of trading as it did Tuesday.
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Chart Analysis : The Select Sector SPDR -Energy ( XLE) finished the quarter by rallying to a new high for the year in the first hour of trading on Thursday before closing lower for the day.
Ocado saw its shares jump 24.5% in the first hour of trading, after it reported a strong rise in sales over the Christmas and New Year period, on top of news about a possible technology-licensing agreement with Morrisons.
Stocks were sliding into the last hour of trading on Wall Street on Monday, with investors abandoning equities as worries about the state of the world financial system consumed them despite the historic U.S. bailout instituted last week.
No different from what market makers do every hour of every trading day.
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U.S. Treasury yields fell Thursday as stocks fell and bond prices rallied, before backing up in the last hour of equity trading.
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These sectors were showing extreme relative weakness well before the Fed spoke, and sold off more aggressively in the last hour of Wednesday trading.
In India, the Bombay Stock Exchange's benchmark 30-share Sensex index was trading 436.27 points, or 4%, lower at 10, 398.05 after trading was suspended for an hour.
But the tight and rigid timetable for Doha was designed to avoid a repetition of the Uruguay round, which overran by three years and still involved eleventh-hour horse-trading.
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