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by brobinson
4001 days ago
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Stocks are a very, very small part of the financial markets. Forex and futures markets are open most of the week and a lot more money flows through them. Forex alone accounts for about five trillion USD per DAY of money movement. Stocks are barely a blip on the radar in comparison. |
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This thread has reached sort of silly proportions. Of course electronic trading impacts most people's lives even if they don't want it to, but in reality the markets are largely self correcting at this level, so even if there is some oddity associated with the leap second it likely won't have long term (or maybe even observable) impact on the wider world.