US Exchanges to Extend Trading Hours, Raising the Stakes for Financial Firms
By PYMNTS
AI summary of the source article
U.S. stock exchanges are preparing to extend trading to 23 hours a day, five days a week. The SEC has conditionally approved expanded hours for five exchanges, requiring financial firms to adapt technology, risk controls, and overnight operations.
Why it matters
The shift creates "new opportunities for investors while requiring financial firms to adapt their technology, risk controls and overnight operations."
Key facts
- U.S. stock exchanges are preparing to extend trading to 23 hours a day, five days a week.
- The SEC has conditionally approved expanded trading hours for five exchanges, including 24X, Cboe EDGX, MEMX, and Nasdaq.
- The change requires financial firms to adapt their technology, risk controls, and overnight operations.
Source excerpt · PYMNTS
U.S. stock exchanges are preparing to extend trading to 23 hours a day, five days a week, creating new opportunities for investors while requiring financial firms to adapt their technology, risk controls and overnight operations. The Securities and Exchange Commission (SEC) has conditionally approved expanded trading hours for five exchanges: 24X, Cboe EDGX, MEMX, Nasdaq […] The post US Exchanges…