Nasdaq Gears Up for Extended Market Hours: The 5x23 Trading Revolution
The U.S. stock market is on the brink of a significant transformation. Nasdaq has announced its intention to file a formal petition with the Securities and Exchange Commission, seeking approval to revolutionize traditional trading schedules. Rather than confining activity to the conventional 16-hour window spread across five business days, the exchange proposes an ambitious expansion that would keep markets active for 23 hours daily.
**Understanding the New 5x23 Framework**
At the heart of this proposal lies a restructured
The U.S. stock market is on the brink of a significant transformation. Nasdaq has announced its intention to file a formal petition with the Securities and Exchange Commission, seeking approval to revolutionize traditional trading schedules. Rather than confining activity to the conventional 16-hour window spread across five business days, the exchange proposes an ambitious expansion that would keep markets active for 23 hours daily.
**Understanding the New 5x23 Framework**
At the heart of this proposal lies a restructured