The New York Stock Exchange (NYSE) is considering 24-hour stock trading, aiming to mirror the uninterrupted trading environment of cryptocurrency markets.
The exchange has launched a survey to gauge market interest and determine safeguards for such an expansion.
This initiative is a response to the growing trend of extended trading hours on platforms like Robinhood and Interactive Brokers, though these platforms currently operate with certain restrictions.
The NYSE’s exploration of round-the-clock trading is part of a larger shift that has been accelerated by the pandemic, which increased retail investor participation and the expectation for constant market access.
The transition to a 24/7 trading model faces several hurdles, including maintaining liquidity and mitigating settlement risks.
Presently, overnight trades are generally confined to limit orders, which are executed only when certain price conditions are met.