Nasdaq Adopts 24/7 Weekday Trading to Meet Crypto Demand
- Nasdaq plans to implement 24/7 trading on weekdays, driven by crypto demand.
- This move aligns with global trends in the crypto market’s round-the-clock trading.
- The transition reflects traditional markets adapting to cryptocurrency trading habits.
- Both Nasdaq and NYSE are extending hours to meet international demand for U.S. equities.
- NYSE Arca is also exploring extended operational hours, targeting a model of 22-hour daily operations.
Nasdaq’s shift to continuous weekday trading is primarily motivated by the growing global demand for crypto assets and aligns with evolving market dynamics influenced by digital currencies’ always-open nature.
Source (2.6)https://hodl.press/nasdaq-embraces-24-7-trading-amid-rising-crypto-demand/?rand=24434
