Monday October 28 2024
News Source: Global Exchanges
Focus: Holidays and Opening Hours and suspensions
Type: General
Country: US
On 25th October 2024, the New York Stock Exchange (NYSE) announced plans to extend weekday trading on its NYSE Arca equities exchange to 22 hours a day.
The extended trading would take place from 1:30 am to 11:30 pm Eastern Time on all weekdays, excluding holidays, subject to regulatory approval. The NYSE will also seek support for extended trading from the U.S. securities information processors. NYSE Group’s NYSE Arca is a fully electronic exchange that ranks as the top U.S. exchange for listing and trading exchange-traded funds. All U.S.-listed stocks, ETFs and closed-end funds would be available for trading on NYSE Arca during the 22-hour weekday sessions.
The NYSE plans to file updated rules with the Securities and Exchange Commission for the extended trading. Trades taking place on NYSE Arca during these additional extended hours will continue to be cleared by the Depository Trust & Clearing Corporation (DTCC), which recently announced plans to extend its hours of operation.
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