NYSE Asks Market Participants About 24/7 Trading for Stocks

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Helene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.

The New York Stock Exchange is seeking opinions from market participants about shifting the U.S. stock market to a 24/7 operating schedule.

A Steve Cohen-backed trading platform, 24 Exchange, is currently awaiting a decision from the SEC on whether it can launch the first 24/7 exchange. NYSE, whose roots stretch back to the 18th century, famously signals the start and end of daily trading with bell-ringing ceremonies in the morning and afternoon – though, because of electronic trading, buying and selling has for decades actually taken place before the first bell at 9:30 a.m. and after the second one at 4 p.m. New York time.

And cryptocurrencies never stop trading. “Anyone who wants to trade crypto 24/7 would also like to trade Apple or Microsoft 24/7,” 24 Exchange’s founder and CEO, Dmitri Galin,

 

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