Nasdaq Proposes Extended Trading Hours to Meet Global Demand
- Nasdaq aims to extend trading hours from 16 to 23 hours per day, five days a week.
- The new schedule includes a day session from 4 a.m. to 8 p.m. ET and a night session from 9 p.m. to 4 a.m. ET.
- Most public crypto companies, including Coinbase and Robinhood, trade on Nasdaq’s exchange.
- The proposal responds to increased interest in overnight trading, particularly among Asian investors.
- Trades between the night session will count toward the next calendar day.
This proposed change is designed to enhance access for global investors and align with the continuous trading model of cryptocurrencies, which operate around the clock.
If approved, this shift could significantly increase accessibility for U.S. stocks, reflecting Nasdaq’s strategy to compete for order flow in both traditional and digital asset markets.(Source)
