NYSE Explores 24/7 Trading, Taking Cue from Crypto Markets

Introduction to Continuous Trading

The concept of a non-stop trading platform has piqued the New York Stock Exchange's interest, mirroring the ceaseless activity prevalent in cryptocurrency markets, as disclosed by the Financial Times.

Extending Trading Hours

The NYSE, rooted in a tradition dating back to the 18th century, has been contemplating the extension of trading hours beyond the symbolic bell ceremonies. A new entrant, 24 Exchange, backed by Steve Cohen, is advocating for a 24/7 trading capability, similar to existing after-hours electronic trading practices and a handful of retail brokers.

Global Interest and Regulatory Considerations

Global shifts, including the pandemic and the rise of cryptocurrencies, have fueled the push towards continuous trading. This surge in interest encompasses international markets, with regulatory authorities like the SEC poised to review the practices and potential implementation of round-the-clock trading.