yes, I saw that, but think it in this way, that its a very unreasonable way, to give the time in advance. Its better for investers to have some luck with this, if the time is not given in advance, just the day roughly. The news will drop at any time during the 12 hours before or after the given day.
This would cut the advantage those hardwired trading machines have, that do tons of trades in few seconds or even milliseconds.
This should be one of the reforms against such things, in the interest of common folk investors.
If your idea of investing involves reacting to news and trading stocks/bonds/commodities/derivatives on internationally automated markets then just donate all your money to a good cause because at least then you'll get a tax deduction out of it.
This would cut the advantage those hardwired trading machines have, that do tons of trades in few seconds or even milliseconds.
This should be one of the reforms against such things, in the interest of common folk investors.