Stock Perpetuals: Around-the-Clock Trading and Event Risk

Summary

The document explains how stock perpetual contracts can provide exposure to U.S. equities outside regular exchange hours, including weekends and holidays. It contrasts continuous contract trading with the limited schedule of traditional stock markets and illustrates the difference with a hypothetical example of positive Tesla news arriving on a Saturday. The contracts are described as allowing long and short positions with USDT settlement.

This is a product overview rather than a tested trading strategy. It mentions leverage of up to 100 times and warns that margin trading can result in losing the full principal, but it does not explain funding, pricing against the underlying stock, liquidity, contract rules, or how gaps between contract and cash-market prices may behave. The scenario demonstrates potential access to off-hours price movements, not evidence that traders can reliably capture them profitably.

Key ideas

• Stock perpetuals are presented as tradable around the clock, including when U.S. equity markets are closed.
• The example describes reacting to weekend company news before the next regular stock-market session.
• The contracts are described as supporting long and short exposure with USDT settlement.
• High leverage can magnify losses, and the document does not explain key contract mechanics or execution risks.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.