New York Stock Exchange to extend after-hours trading

The New York Stock Exchange connected Friday announced plans to widen trading connected its all-electronic speech to 22 hours a day.

The NYSE announcement comes arsenic involvement successful all-day trading successful U.S. markets has swelled successful caller years. Robinhood announced "24/5 trading," unfastened from 8 p.m. ET connected Sundays done 8 p.m. ET connected Fridays, successful May 2023. Global cryptocurrency markets commercialized 24 hours a day, 7 days a week.

Under the caller plan, trading connected the NYSE Arca physics speech would unfastened astatine 1:30 a.m. and adjacent astatine 11:30 p.m. ET connected weekdays, taxable to regulatory approval, the NYSE genitor Intercontinental Exchange said. Currently, extended trading connected the NYSE connected stocks starts astatine 4 a.m. ET and goes until 8 p.m. ET. Normal trading hours are betwixt 9:30 a.m. and 4:00 p.m.

NYSE Arca is known arsenic a apical level to bargain and merchantability exchange-traded funds and much than 8,000 U.S.-listed securities. All U.S.-listed stocks, ETFs and closed-end funds volition beryllium unfastened to commercialized during the 22 hours connected the physics exchange, Intercontinental Exchange said.

"The NYSE's inaugural to widen U.S. equity trading to 22 hours a day, 5 days a week underscores the spot of our U.S. superior markets and increasing request for our listed securities astir the world," Kevin Tyrrell, caput of markets astatine the New York Stock Exchange, said successful a statement. "As the steward of the U.S. superior markets, the NYSE is pleased to pb the mode successful enabling exchange-based trading for our U.S.-listed companies and funds to investors successful clip zones crossed the globe."

The NYSE plans to record updated rules for extended trading with the U.S. Securities and Exchange Commission. Trades placed during extended hours volition wide done the Depository Trust and Clearing Corp.