For decades, US equity exchanges have hit the pause button every night, leaving markets shut for several hours. Come December, the lights will stay on much longer as the stock market shifts toward around-the-clock trading.
Nasdaq, NYSE Arca, 24X National Exchange and Cboe EDGX have crafted plans to add an overnight session from 9 p.m. to 4 a.m. in New York, on top of the regular hours and existing pre- and post-market periods they already operate. The expansion, set to take place on Dec. 6, seeks to capture growing demand from foreign investors while competing with crypto and prediction markets, which have upended traditional expectations of Wall Street’s operating hours.
Read full article – US Stock Exchanges to Launch Overnight Trading in December Expansion – Bloomberg
