Nasdaq stock exchange to offer 24-hour trading 5 days a week

The Nasdaq banal speech volition connection 24-hour trading, Monday done Friday, with the alteration successful trading hours expected to instrumentality spot successful the 2nd fractional of 2026, taxable to regulatory approval.

According to a March 7 connection from Nasdaq president Tal Cohen, the increasing planetary request for Nasdaq-linked exchange-traded funds (ETFs) and US equities warrants an hold of trading hours. Cohen wrote:

“Over 56 exchange-traded products person launched successful the past 5 years tracking the Nasdaq-100 Index, and 98% of these products were introduced extracurricular of the United States.”

“Total overseas holdings of US equities reached $17 trillion arsenic of June 2024, a 97% summation since 2019,” the Nasdaq president continued.

However, Cohen acknowledged that firm issuers were cautious astir 24-hour trading owed to concerns surrounding liquidity and firm actions, adding that determination was a request to equilibrium technological innovation and stability.

The Nasdaq announcement follows respective Nasdaq applications for cryptocurrency exchange-traded funds (ETFs) and the New York Stock Exchange (NYSE) expressing involvement successful 24/7 banal trading.

Source: Tal Cohen

Related: Bitcoin correlation with Nasdaq soars arsenic CPI fears intensify

Nasdaq files for respective cryptocurrency ETFs

Virtune, a Swedish integer plus manager, launched 2 crypto exchange-traded products (ETPs) connected the Nasdaq Helsinki banal speech connected Feb. 5.

The ETPs supply banal investors with vulnerability to Avalanche (AVAX) and Cardano (ADA). Virtune’s staked Cardano ETP gives investors an further 2% output connected apical of their 1:1 vulnerability to the integer asset.

Nasdaq filed to database the Canary HBAR ETF with the US Securities and Exchange Commission connected Feb. 21. The concern conveyance features 1:1 backing with the autochthonal coin of the Hedera network, HBAR (HBAR).

On Feb. 24, the banal speech filed to database the Grayscale Polkadot ETF, which holds the autochthonal coin of the layer-0 blockchain web Polkadot, DOT (DOT).

All US ETF filings are inactive taxable to support by the SEC earlier unrecorded trading tin commence connected exchanges.

SEC filings for cryptocurrency ETFs surged pursuing Donald Trump’s inauguration successful January 2025, signaling a softer regulatory clime for crypto manufacture firms and plus managers seeking organization vulnerability to integer assets.

Magazine: AI Eye: 25K traders stake connected ChatGPT’s banal picks, AI sucks astatine dice throws, and more