Nasdaq Nears 23-Hour Trading as U.S. Stocks Move Toward Near-Continuous Access
- The report says Nasdaq is preparing to introduce a 23-hour trading schedule for U.S. stocks.
- This would extend trading access beyond regular market hours and bring the exchange closer to near-continuous trading.
- The move is presented as a direct response to changing market demand and evolving trading infrastructure.
- The article also frames the development as a competitive moment for on-chain or tokenized stock products.
- For markets, the change is potentially positive for U.S. equities trading access, while the impact on on-chain stock products is potentially negative from a competition standpoint.
The report says Nasdaq is getting ready to open U.S. stock trading for 23 hours a day. The change would significantly extend access beyond the regular session and move the exchange closer to near-continuous trading.
The article presents the move as part of a broader shift in market structure and trading infrastructure. It suggests that extended-hours access is becoming a more important feature for investors and market participants.
The report also says the development puts on-chain or tokenized stock products in direct competition with traditional exchange trading. From a market perspective, the potential effect on listed equities is positive, while the competitive pressure on on-chain stock products is potentially negative.
纳斯达克“加钟”在即：美股将启动23小时交易制，链上股票迎正面交锋
报道称，纳斯达克正准备将美股交易时间延长至每天23小时。此举将明显超出常规交易时段，使交易更接近连续进行。
文章将这一变化放在市场结构和交易基础设施演进的背景下来看，指向延长交易时段正成为投资者和市场参与者更重要的需求。
报道还提到，这一进展会让链上股票或代币化股票产品与传统交易所交易形成更直接的竞争。从市场角度看，这对上市股票交易便利性偏利好，而对链上股票产品的竞争压力偏利空。