Several leading securities exchanges are preparing to move to 23/5 trading, including Nasdaq, NYSE Arca, MEMX and Cboe EDGX.
These moves reflect a broader transformation that’s already underway.
Crypto exchanges and prediction markets have made 24/7 trading commonplace. Global investors increasingly expect access to markets on their timetable, not the exchange’s. For example, investors in Asia want greater access to U.S. and European markets during their own trading day.
The shift to 23/5 is significant, but technically manageable. Exchanges will still…
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