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Explain about the critics of longer trading hours

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Question: Critics of longer trading hours believe that expanded trading sessions turn the stock market into a casino and place the emphasis more on short-term gains than on long-term investment. Do you agree? Why or why not? Is it important to have a "breathing period" to reflect on the day's market activity? Why are smaller brokerages and ECNs, more than the NYSE and Nasdaq, pushing for longer trading hours?

Reference no: EM131623980

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