Nasdaq Plans to Expand Trading Hours to 23 Hours a Day
Nasdaq plans to expand stock and ETF trading hours to 23 hours a day, five days a week, according to a report from Reuters. The expanded day session would run from 4 a.m. to 8 p.m. ET, followed by a one-hour break, then a night session from 9 p.m. to 4 a.m. ET. This would create a trading week running from Sunday 9 p.m. to Friday 8 p.m. ET, although the opening and closing bells would remain unchanged at 9:30 a.m. and 4 p.m. ET. Trades executed between 9 p.m. and midnight would count toward the following calendar day.
Nasdaq intends to file with the Securities and Exchange Commission to enable this nearly round-the-clock trading. This move follows the NYSE's recent SEC approval to expand its after-hours trading. Nasdaq had indicated back in March that extended hours were under consideration and confirmed that regulatory discussions were already underway.
The proposed expansion reflects the globalization of markets and growing investor demand, especially since many public cryptocurrency companies—including Coinbase, Robinhood, and Strategy—trade on Nasdaq. These crypto firms operate in a 24/7 trading environment, underscoring the rationale for the extended trading hours.
