Nasdaq executive: Nasdaq affected by crypto market, will push for 24/7 stock trading
Nasdaq and the New York Stock Exchange (NYSE) are pushing for a 24/7 trading service, applying to be open five or even seven days a week to meet global investor demand. The market is moving in that direction,’ said Giang Bui, head of U.S. equities and ETF trading at Nasdaq, at the Digital Asset Summit in New York today. There is high demand for U.S. equities from global investors who want to trade on their own waking hours. This is in large part because they have become accustomed to the 24/7 trading model for cryptocurrencies.’ Currently, Nasdaq has begun communicating with regulators, while the NYSE has received approval to extend trading hours soon.
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