Ask HN: What's the business goal of YC QFEX?

Why would a 24/7 stock exchange be any differnt than the afterhours trading some places already offer? Couldn't they just change to make it 24/7 and wipe out QFEX? How would that even work with things like custodial banks having weekends and holidays? What is the plan to break into existing markets? It seems like you need volume to provide efficient pricing. But the financial world is highly reputational (even their job posting wants a prestigious school in your background), so it seems like there's no chance of gaining that volume.