The ETF Store President: Charles Schwab will launch 24/5 trading services, traditional finance is moving closer to DeFi trading models
ChainCatcher news, Nate Geraci, president of The ETF Store, stated on social media that Schwab plans to extend retail stock and ETF trading hours to five days a week, 24 hours a day. Geraci noted that this initiative shows traditional finance is gradually moving towards the trading model of decentralized finance (DeFi), which may lead to full securities tokenization in the long run.Geraci further pointed out that, although there are opinions suggesting that investors should not be allowed to trade at any time, the new generation of investors values accessibility to trading more than arbitrary restrictions set based on personal opinions.