An epochal change for trading
Wall Street, the undisputed symbol of global finance, is preparing for a significant change in the way in which trading is carried out. The New York Stock Exchange (NYSE) recently announced its intention to extend its operations on the Arca digital platform to 22 hours a day, excluding holidays. This initiative aims to respond to the increase in global interest in US equities, offering investors the opportunity to trade at more flexible hours
.
Details of the proposal
Currently, negotiations on Arca take place from 4 in the morning until 8 in the evening, with regular trading being concentrated from 9:30 to 16:00. If the NYSE proposal is approved by the SEC, the American supervisory commission, the extension of hours could take effect in 2025. This change would represent a significant step forward, allowing investors to trade stocks, exchange-traded funds (ETFs), and closed-end funds over a much larger
time frame.
The growing demand for 24-hour trading
The NYSE decision comes at a time when 24-hour trading is gaining increasing popularity. During the Covid-19 pandemic and the cryptocurrency boom, many investors started looking for trading opportunities even outside traditional hours. The ability to react quickly to market events, without having to wait for the official opening, has become crucial. Brokers like Robinhood have already implemented platforms that allow extended hours of trading, demonstrating that there is real demand for this type
of service.
In a statement, Kevin Tyrrell, head of markets at the NYSE, emphasized that this initiative highlights the strength of the US capital markets and the growing demand for globally listed securities. With the approval of the SEC, Wall Street could truly become the city that never sleeps, offering unprecedented trading opportunities
.