Round-the-Clock Trading: NYSE Gauges Market Appetite

IconCrypto News Terminal22 Apr, 2024

cryptonews.jpg

Round-the-Clock Trading: NYSE Gauges Market Appetite

The New York Stock Exchange (NYSE) is exploring the potential for 24/7 trading, according to a report by the Financial Times. The exchange's data analytics team has been seeking feedback from market participants on the issue. The discussion around the feasibility of round-the-clock trading in the U.S. has gained momentum in recent years. Factors such as the rise in retail trading during the COVID-19 pandemic, the growing popularity of crypto markets that operate 24/7, and the availability of extended trading in other financial instruments like U.S. Treasuries and stock index futures have fueled the debate. Notably, retail brokerages like Robinhood and Interactive Brokers already offer 24/7 trading for U.S. stocks, albeit limited to trades within their own internal inventory. The NYSE's investigation into market appetite for extended trading comes amidst ongoing regulatory considerations by U.S. authorities. The results of the NYSE's survey will provide valuable insights into the viability of 24/7 trading and its potential impact on market dynamics.

Related News