Just curious about the news on RH 24 hour trading


So I'm a pretty basic investor. Really just pay attention to my 401k and Roth. But I saw the news that RH is doing 24hour trading for “preferred customers” or whatever they're calling it. But my question is how is that even possible when markets world wide generally all work within the same time frame, 930am to 4pm. I don't use RH so maybe there's something I'm missing but to me it seems like you're just handing them money to hold until the market actually opens. Could this be something that becomes the norm? Like how we used to have to pay to buy a share of a stock/etf?


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