Nasdaq Proposes 23/5 Trading Hours to Accommodate Global Demand for U.S. Equities
Nasdaq is pushing for near-continuous trading hours, proposing a 23-hour, five-day-a-week schedule for its listed stocks—including tech giants like Nvidia, Apple, Tesla, and Amazon. The exchange filed with the SEC on Monday, aiming to align with surging global demand for U.S. equities. Foreign investors now hold $17 trillion in U.S. stocks, with Nasdaq noting the American market comprises nearly two-thirds of global listed company value.
Regulators have already paved the way for extended trading windows, and rival exchanges like NYSE and Cboe are advancing similar plans. Nasdaq President Tal Cohen expects the 23/5 system to launch by late 2026, calling it a response to the 'global arena' U.S. markets have become. 'The trend toward globalization is irreversible,' said Nasdaq executive Chuck Mack, highlighting round-the-clock demand from international investors.
