President of The ETF Store: Schwab will launch 24/5 trading services
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On February 12, Nate Geraci, president of The ETF Store, posted on social media that Schwab plans to expand retail stocks and ETF trading hours to 24 hours a day five days a week. Geraci said that this move shows that traditional finance is gradually moving closer to the trading model of decentralized finance (DeFi) and may move towards full securities tokenization in the long run.
Geraci further pointed out that although there are opinions that investors should not be allowed to trade at any time, the new generation of investors value the accessibility of transactions more than any restrictions set based on personal opinions.