they said that 5 years ago. and then again 10 years ago NYSE has had the ability to do it since 2008 https://t.co/qdNmNZoIC3
Cboe Announces Plans to Launch 24x5 U.S. Equities Trading https://t.co/2ssjZd5YMv
BREAKING: CBOE announces plans to launch 24 hour, 5 times a day US equities trading.
Cboe Global Markets has announced plans to extend U.S. equities trading to a 24-hour, five-day-a-week schedule on its Cboe EDGX Equities Exchange. The move, driven by growing global customer demand, particularly from Asia-Pacific markets such as Hong Kong, Japan, Korea, Singapore, and Australia, aims to enhance access to U.S. equities trading. This initiative will allow retail investors to trade overnight and enable overseas investors to trade during their local business hours. "We continue to hear from market participants globally that they want greater access to U.S. equities trading," said Oliver Sung, head of North American Equities at Cboe Global Markets. The plan, which includes all listed NMS stocks, is currently awaiting regulatory approval from the U.S. Securities and Exchange Commission (SEC). Cboe has previously implemented similar 24/5 trading models for its proprietary S&P 500 Index (SPX) options, Cboe Volatility Index (VIX) options, and global FX markets. The Depository Trust and Clearing Corporation (DTCC) will handle trade clearing for the expanded hours. The New York Stock Exchange (NYSE) had also announced plans to expand its trading hours to 22 hours per business day.
