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Bloomberg

Nasdaq seeks SEC approval for 23-Hour weekday trading

Bloomberg · Just In
Bloomberg
Bloomberg
Just In

Nasdaq Inc. asked the U.S. Securities and Exchange Commission for permission to add an additional trading session, from 9 p.m. to 4 a.m. ET, to extend trading hours on its stock venues to 23 hours during the work week.

Breakdown
  • Nasdaq proposes 23-hour weekday trading to the SEC 45s
  • Retail and global investor demand drives the proposal 18s
  • The plan would extend after-hours trading, not cash trading 52s
  • Operational issues like clearing and data feeds remain unresolved 1m 9s
  • Concerns exist about liquidity in the new trading session 1m 17s