Nasdaq, the U.S. stock exchange operator, plans to extend trading hours for U.S. equities to nearly 23 hours a day, five days a week.
The move is designed to capture growing demand from both institutional and retail investors worldwide who want to trade U.S. stocks directly across different time zones without being constrained by the regular operating hours of New York markets.
Under the proposed operating structure, Nasdaq would introduce a new overnight trading session running from 9:00 p.m. to 4:00 a.m. Eastern Time (ET).
With this format, Nasdaq’s equity market would effectively operate from 9:00 p.m. ET on Sunday through 8:00 p.m. ET on Friday, with a one-hour daily maintenance break between 8:00 p.m. and 9:00 p.m. ET for clearing processes and the transition to the next trading date.
The main trading session, from 9:30 a.m. to 4:00 p.m. ET, will continue to operate as usual and remain the primary benchmark for market price discovery.
The expanded trading schedule is targeted to take effect on December 6, 2026, although the launch remains subject to regulatory approval from the U.S. Securities and Exchange Commission (SEC) as well as the readiness of securities data-processing infrastructure.
To mitigate the risks associated with higher volatility and lower liquidity during overnight trading, Nasdaq plans to implement specific risk-management measures, including restrictions on permitted order types.
The overnight session will accept limit orders only, while market orders and opening/closing orders will not be permitted. In addition, the exchange will introduce static price bands designed to reject trades that deviate too sharply from an established reasonable price range.#BTC #NASDAQ $BTC
The move is designed to capture growing demand from both institutional and retail investors worldwide who want to trade U.S. stocks directly across different time zones without being constrained by the regular operating hours of New York markets.
Under the proposed operating structure, Nasdaq would introduce a new overnight trading session running from 9:00 p.m. to 4:00 a.m. Eastern Time (ET).
With this format, Nasdaq’s equity market would effectively operate from 9:00 p.m. ET on Sunday through 8:00 p.m. ET on Friday, with a one-hour daily maintenance break between 8:00 p.m. and 9:00 p.m. ET for clearing processes and the transition to the next trading date.
The main trading session, from 9:30 a.m. to 4:00 p.m. ET, will continue to operate as usual and remain the primary benchmark for market price discovery.
The expanded trading schedule is targeted to take effect on December 6, 2026, although the launch remains subject to regulatory approval from the U.S. Securities and Exchange Commission (SEC) as well as the readiness of securities data-processing infrastructure.
To mitigate the risks associated with higher volatility and lower liquidity during overnight trading, Nasdaq plans to implement specific risk-management measures, including restrictions on permitted order types.
The overnight session will accept limit orders only, while market orders and opening/closing orders will not be permitted. In addition, the exchange will introduce static price bands designed to reject trades that deviate too sharply from an established reasonable price range.#BTC #NASDAQ $BTC