Overview

• Nasdaq plans to introduce 24-hour, five-days-a-week trading on its New York equities exchange starting in the second half of 2026, subject to regulatory approval.
• The move seeks to meet growing international demand for U.S. equities, driven by increased retail participation and global accessibility to digital trading platforms.
• Nasdaq President Tal Cohen highlighted both the opportunities of expanded trading hours and the risks, including potential increased volatility and higher transaction costs.
• The initiative depends on updates to the securities information processor (SIP) technology, which displays the best bid and offer prices for stocks.
• Nasdaq's announcement follows similar plans from competitors Cboe Global Markets and the New York Stock Exchange to extend trading hours, underscoring a broader shift in the industry.