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Cboe Proposes 24-Hour Trading for US Equities To Meet International Investor Demand

Trading bell at Cboe Global Markets

Bloomberg / Getty Images

Key Takeaways

  • Cboe Global Markets on Monday said it plans to open trading to 24 hours a day, five days a week, for U.S. equities listed on its Cboe EDGX Equities Exchange, pending regulatory approval.
  • The company said it has experienced rising demand from international customers that want expanded access to U.S. markets.
  • The New York Stock Exchange floated expanding its trading day to 22 hours in October.

Cboe Global Markets on Monday said it plans to launch 24-hour trading for U.S. equities listed on its Cboe EDGX Equities Exchange to meet what it describes as rising global demand for access to American markets.

“We continue to hear from market participants globally—particularly those in Asia Pacific markets like Hong Kong, Japan, Korea, Singapore, and Australia—that they want greater access to U.S. equities trading,” Cboe He🎀ad of North American Equities Oliver Sung ♏said. 

The exchange operator said it will seek approval from the 澳洲幸运5官方开奖结果体彩网:Securities and Exchange Commission to move forward with all-hours extended trading five days a week. Currently, Chicago-based Cboe offers 澳洲幸运5官方开奖结果体彩网:extended trading hours for U.S. equities from🔥 4 a.m. to 8 p💮.m. ET Monday through Friday.

In October, the 澳洲幸运5官方开奖结果体彩网:New York Stock Exchange (NYSE) explored 澳洲幸运5官方开奖结果体彩网:extending the trading day for its Arca exchange to 22 hours for U.S. stocks, 澳洲幸运5官方开奖结果体彩网:exchange-traded funds (ETFs), and closed-end funds. This would allow after-hours trading from 1:30 a.m. to 11:30 p.m. ET, compared with the current extended trading window of 4 a.m. through 8 p.m.

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