The New York Stock Exchange, part of Intercontinental Exchange, Inc. ICE, announced on Friday plans to extend weekday trading on its NYSE Arca equities exchange to 22 hours a day.
The Details: The extended trading is subject to regulatory approval and would take place from 1:30 a.m. to 11:30 p.m. ET on all weekdays, excluding holidays. The NYSE said it will also seek support for extended trading from the U.S. securities information processors.
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“The NYSE’s initiative to extend U.S. equity trading to 22 hours a day, 5 days a week underscores the strength of our U.S. capital markets and growing demand for our listed securities around the world,” said Kevin Tyrrell, Head of Markets, New York Stock Exchange.
“As the steward of the U.S. capital markets, the NYSE is pleased to lead the way in enabling exchange-based trading for our…
