The New York Stock Exchange (NYSE) is extending trading to 22 hours per day.
Going forward, trading on the NYSE Arca all-electronic exchange will run from 1:30 a.m. to 11:30 p.m. Eastern Time on weekdays.
Currently, trading on the NYSE runs from 4 a.m. to 8 p.m. Eastern Time, including premarket and after-hours sessions.
Core trading hours will continue to be 9:30 a.m. to 4:00 p.m. Eastern Time on weekdays.
NYSE Arca is known as a top exchange for buying and selling exchange-traded funds (ETFs) and more than 8,000 U.S.-listed stocks. All securities will be available to trade during the new 22 hours of operation.
The proposed change to trading hours is subject to regulatory approval by the U.S. Securities and Exchange Commission (SEC).
The move to extend trading on the NYSE comes as investors demand around-the-clock access to markets and securities. Cryptocurrency markets trade 24 hours a day, seven days a week.
Advocates say that the rise of online trading and the increasing interconnectedness of markets globally makes around-the-clock trading a necessity.
The New York Stock Exchange is owned and operated by Intercontinental Exchange (ICE). Its share price has risen 31% so far in 2024 and currently trades at $165.31 U.S. per share.
