// CHAPTER 7 · 4:55
More than two hundred and fifty overnight sessions, by ticker, by night.
The overnight session is where the always-on market is already real. Three alternative trading systems run US equities from eight at night to four in the morning, and we have taken their data every night since September 2025. More than two hundred and fifty sessions.
Pick any night and see the full universe across all three venues: every symbol, its volume, its notional and its price, with no filter.
The Quantitative Research Lab then works the history: daily flow, ticker by ticker, the explorer, clustering, heatmaps and regimes, across more than two hundred thousand observations.
On the night of November third, $15.79 billion crossed on those three venues, the largest session on record.
