I have seen that certain people said that market will never sleep. As I know, like usual market at NASDAQ or NYE Stock Market they usually open their market at 9.30 a.m. to 4 p.m. So why does it call market never sleep? I am curious. I am new to this kind of thing
Stock exchanges are located in different countries. In America, Asia, Japan, Russia, Europe. When it is night in one country, it is day in another country, so there is such a cycle, the opening and closing of the stock exchange.
if a certain exchange states that they open on a specific hours (i.e 8am to 10 pm ) then they are actually sleeping or maybe they are manage by real people and not by bots or any other software/tools to automate the process just like what we have on decentralized exchanges .
you can only call the market never sleeps if they are always operating 24 hours / 7 days a week no matter what time zones you are in . that said schedule is mainly available online .