Nasdaq Eyes December 6 for Near 24/7 Trading Hours
Nasdaq plans to launch an overnight trading session next month to compete with around the clock crypto markets.
coinbeat.newsNasdaq is stepping up its game by targeting December 6 for a nearly 23 hour trading day. The exchange plans to add a brand new overnight session running from 9 PM to 4 AM Eastern Time, spanning five days a week. Traditional finance is waking up to the reality that modern investors want access around the clock.
This big move comes as a direct response to markets that never close, with digital assets leading the charge. Crypto traders are well accustomed to buying and selling at any hour of the day or night. Now, traditional stock market participants will get a taste of that same flexibility.
Market watchers will be tracking how liquidity spreads out across these new overnight hours. If the launch goes smoothly on December 6, other major exchanges might feel the pressure to follow suit and extend their own schedules.
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