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Ripple enables 24/7 stock swaps trading but HSBC warns liquidity remains thin for big trades.

Market News
21 Oct 2026
Coindesk
View Source
Neutral
Ripple enables 24/7 stock swaps trading but HSBC warns liquidity remains thin for big trades.

Ripple Prime now allows institutional clients to trade swaps linked to over 100 stock, commodity, and currency markets around the clock using its RLUSD stablecoin as collateral. However, HSBC cautions that liquidity is still limited, which could restrict large trades and favor market makers and hedge funds initially. The risks of weekend trading were highlighted when $52 million in leveraged chip-stock positions were liquidated in 10 minutes despite the underlying shares not trading. Ripple's success depends on whether it can offer a cheaper, simpler, and more efficient service than traditional brokers as it expands globally.

Ripple's new 24/7 trading service for institutional clients is noted alongside Pluang's cryptocurrency market breadth, where 42 of 50 major cryptocurrencies rose today. For readers following digital assets, here is Pluang's market snapshot as of Oct 21, 2026 11:51 WIB: COTI is priced at Rp204 with a 1-day change of +3.41% and a typical hold time of 121 days, ENJ at Rp505 with +3.21% and 105 days hold time, and CAKE at Rp40,352 with +2.90% and 75 days hold time. Pluang order activity shows varied buy/sell splits among these movers.

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