$NASDAQ Composite Index(.IXIC.US)Nasdaq to Officially Apply for 5X23-Hour Trading

Jin Shi Data December 16th - According to foreign media reports, Nasdaq is planning to file documents with the U.S. Securities and Exchange Commission on Monday to launch round-the-clock stock trading services. Nasdaq plans to extend trading hours for stocks and exchange-traded products (ETPs) from the current five days a week, 16 hours a day to 23 hours. Nasdaq's new "5X23" model will be divided into two main trading sessions: ① Day session: Starting at 4:00 AM ET and ending at 8:00 PM ET. This session will continue to include pre-market, regular, and post-market trading hours, with the regular session opening bell (9:30) and closing bell (4:00) remaining. ② Night session: Starting at 9:00 PM ET and ending at 4:00 AM ET the next day. During this session, trades executed between 9:00 PM and midnight will be considered as belonging to the next calendar day. Under the new plan, the trading week will begin at 9:00 PM ET on Sunday and end at 8:00 PM ET on Friday after the day session concludes.