Core Viewpoint - Nasdaq plans to extend trading hours from 16 hours to 23 hours daily, maintaining a 5-day trading week, to enhance competitiveness and attract international investors, particularly from Asia [1][2] Group 1: Trading Hours Extension - Nasdaq will redefine trading hours to include a daytime trading period from 4 AM to 8 PM Eastern Time, and a new nighttime trading period from 9 PM to 4 AM [1] - The maintenance window will be from 8 PM to 9 PM Eastern Time for system maintenance and other clearing transactions [1] - The new trading schedule will start on Sunday at 9 PM and end on Friday after daytime trading [1] Group 2: Market Impact and Investor Interest - The extension is expected to increase interest in night trading of U.S. stocks among investors, especially those outside the U.S. [1] - Nasdaq aims to compete with other platforms that offer continuous trading, potentially positioning itself favorably in the future of digital asset trading [1] Group 3: Industry Perspectives - Industry opinions are mixed; some believe the extension will allow quicker responses to market dynamics for international investors [2] - Major Wall Street banks express caution, suggesting that continuous trading may lead to reduced liquidity, increased volatility, and uncertain investment returns [2] - Nasdaq plans to implement the new trading rules in the second half of 2026, pending regulatory approval and necessary preparations [2]
纳斯达克拟延长交易时长 或提前布局数字资产交易
Xin Hua She·2025-12-16 06:59