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> It is a truly global marketplace that only sleeps on weekends.

Sure, there are 4 trillion reasons why this is enough and yes, I know it's very much about traders themselves, and that if there were an incentive to change it probably would change pretty fast, but anything that stops on the weekend seems very silly in the 21st century. (Even EVE Online's daily downtime is a bit ridiculous.)

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You need liquidity on Saturday and the banks don't work.

yep, you actually can execute trades on saturdays on some retail brokers (they usually act as the counter-party) if you're willing to take the humongous spreads during those hours.

Why is liquidity for settlement so strongly linked to making contracts (trading)?

Banks are also counterparties to effectively all large contracts, and there's an avalanche effect that keeps most traders out of the market.

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