U.S. stock exchanges are preparing to extend trading to 23 hours a day, five days a week, a move that creates 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 and Nasdaq.
The extension to near round-the-clock trading, five days a week, represents a significant shift from traditional market hours and is set to raise the stakes for financial firms that must now adapt systems and processes to operate in a near-continuous trading environment.
For more details, see the original report on PYMNTS.com.
