Taiwan's so-called vege-basket traders will have to push back their lunch hour and household chores schedule by 90 minutes come January next year when the country's stock exchange extends its trading hours to 1.30pm.
The government says the longer trading hours are not introduced to boost trading volume but to put Taiwan more in line with international practices. After-hours trading, in which stocks are traded at closing prices, will be moved from 1 pm-1.30pm to 2pm-2.30pm. The trading hours in other markets except forex will be adjusted accordingly.
The current 3-hour trading session from 9am to 12pm has served the contingent of housewives and retail investors well for many years, fitting in their...
