Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
Trade $MORE to unlock Listing Airdrops + $300K Points Prize Pool!
💰 Total Airdrop Volume: $30,000 MORE, Limited slots—first come, first served!
✅ Total Points: 2 Alpha Points per trade—accumulate points to share the $300K prize pool!
🔥Trade the Hottest On-Chain Assets First
For more information: https://www.gate.com/campaigns/1342alpha?pid=X&c=MemeBox&ch=vxDB0fQ5
US stock after-hours trading heats up in Asia, reflecting the demand for instant response to macro news
Jinshi data news on March 13th, platform data shows that Asian investors significantly increased trading activities outside the normal trading hours of US stocks last year. Blue Ocean, a platform for after-hours trading, said that its after-hours volume doubled in 2024. About 80% of the company's revenue comes from Asian customers. The surge in after-hours trading by Asian investors to some extent reflects their demand for immediate reflection of macro news. Market participants believe that Trump's round-the-clock social media habits also contribute to people turning to after-hours trading. After-hours trading is becoming increasingly popular among retail investors and institutional investors in Asia. Liquidity provider Flow Traders said that since 2021, Asian institutional investors' Inquiry volume for US stock ETFs has almost doubled. Rijlaarsdam, CEO of Flow Traders Asia, said, "Investors are forming a round-the-clock trading mindset, with significant rise in demand for immediate trading, whether it's Trump tweeting or NVIDIA announcing financial results." Non-peak trading also has drawbacks, with night volume still very small compared to regular trading hours, much lower Liquidity, leading to widening bid-ask spreads.