DTCC unveils industry-wide testing phase for US equities 24/5 trading
NeutralArtificial Intelligence
- The Depository Trust & Clearing Corporation (DTCC) has announced the initiation of an industry-wide testing phase for 24/5 trading of US equities, a significant step towards expanding trading hours beyond traditional limits. This move is expected to facilitate exchanges like NYSE, Nasdaq, and Cboe in adapting to a more flexible trading environment.
- This development is crucial for DTCC as it positions the organization at the forefront of evolving trading practices, potentially enhancing liquidity and market accessibility for investors. By enabling extended trading hours, DTCC aims to meet the growing demand for more flexible trading options.
- The shift towards 24/5 trading reflects a broader trend in the financial industry, where reports suggest that by 2028, up to 10% of all equity volume could be traded during overnight sessions. This evolution in trading practices indicates a significant transformation in how markets operate, driven by technological advancements and changing investor behaviors.
— via World Pulse Now AI Editorial System