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Note to European Traders: Time changes

awcabot

Posted: 25 October 2009 05:03 PM

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Note to traders based in Europe and elsewhere:

Europe has changed from daylight savings time to solar (standard) time this weekend. The US has not yet changed. The US will revert to solar time on Sunday, November 1st, therefore the US stock market will open one hour sooner than what you may be used to. Plan accordingly.

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artman1033

Posted: 25 October 2009 05:48 PM

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Help me out with this Alex:

With this change, will European traders be MORE grumpy?

Will this cause volatility to increase?

[ Edited: 25 October 2009 05:54 PM by artman1033 ]

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DawnTreader

Posted: 25 October 2009 07:15 PM

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artman1033 - 25 October 2009 05:48 PM
Help me out with this Alex:

With this change, will European traders be MORE grumpy?

Will this cause volatility to increase?

No. It means they will wake up still dreaming of Apple products and are much more apt to buy the stock.

By the way, since European time zones are several hours ahead of the US there’s more than enough time for a good breakfast, a big cup of coffee (or tea) and an optimistic view of the market.

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