NYSE contemplates following cryptocurrency markets with 24/7 trading: Financial Times | Headlines | News | CoinMarketCap

04/23/2024 02:21
NYSE contemplates following cryptocurrency markets with 24/7 trading: Financial Times | Headlines | News | CoinMarketCap

Traditional markets could be taking a page from cryptocurrency markets as the New York Stock Exchange contemplates trading nonstop in a recent …

Traditional markets could be taking a page from cryptocurrency markets as the New York Stock Exchange contemplates trading nonstop in a recent survey, according to the Financial Times. 

The NYSE's data analytics team sent out a survey asking stakeholders about whether round-the-clock trading should occur on weekends as well as during a five-day week, the Financial Times reported on Monday. This would be in stark contrast to the exchange's current hours, which are 9:30 a.m. to 4 p.m. ET.

Cryptocurrency markets operate nonstop, 24 hours a day, 7 days a week and 365 days a year, which crypto firms say allows for flexibility and more opportunities to create wealth no matter where investors are globally. This comes as retail trading ballooned during the pandemic and investors can trade …

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