- It was reported that the push for a 24-hour trading system by Nasdaq and the New York Stock Exchange has been confirmed to be influenced by the cryptocurrency market.
- Giang Bui, Nasdaq's head, cited the familiarity of investors with cryptocurrency trading hours as a basis for the need for 24-hour trading.
- Nasdaq and NYSE are requesting regulatory approval, and it was reported that NYSE has already received approval.
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On the 20th (local time), according to cryptocurrency specialist media CoinDesk, the push for a 24-hour trading system by the U.S. Nasdaq and New York Stock Exchange (NYSE) has been influenced by the cryptocurrency market.
Giang Bui, Nasdaq's Head of U.S. Equities and Exchange-Traded Products, analyzed that "there is a high demand for U.S. stock trading globally, and investors want to trade stocks at their convenience," adding, "This is because people have already become accustomed to trading cryptocurrencies 24/7."
Meanwhile, Nasdaq and NYSE have requested approval from regulators to operate 24/7 or five days a week. Nasdaq has recently started discussions with authorities, while NYSE is reported to have already received approval.
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