Nasdaq plans to add overnight stock trading from 9 p.m. to 4 a.m. ET in December 2026, subject to SEC approval and other technical requirements.<\/p>\n
BitGo CEO Mike Belshe and crypto analyst Nate Geraci say the move shows traditional markets are adopting ideas that crypto exchanges have used for years.<\/p>\n
Nasdaq is seeking<\/a> regulatory approval to run a nearly continuous trading week, 23 hours a day, five days a week.\u00a0The plan adds an overnight session from 9 p.m. to 4 a.m. ET, on top of the extended hours Nasdaq already runs, from 4 a.m. to 9:30 a.m. and 4 p.m. to 8 p.m, with the core 9:30 a.m. to 4 p.m. session staying the primary pricing window, and the opening and closing crosses still setting official prices.<\/p>\n The overnight session runs from 9 p.m. Sunday through 8 p.m. Friday, with a one-hour daily pause for processing. Nasdaq is targeting Sunday, December 6, 2026, for the launch, pending SEC approval and readiness of the industry\u2019s Securities Information Processor.<\/p>\n Some order types, including unpriced market orders and opening and closing auction orders, won\u2019t be available overnight, and any order still open at 4 a.m. gets canceled automatically. Nasdaq Texas, PSX, and Nasdaq\u2019s options exchanges keep their current schedules.<\/p>\n Geraci posted his reaction to the announcement, writing<\/a> on X that traditional finance exchanges are now \u201cplaying by crypto\u2019s rules\u201d and predicted that major exchanges could eventually move toward 24\/7 trading.<\/p>\n Belshe made a similar argument. He pointed<\/a> to longer stock-market hours, perpetual futures, stablecoins, and tokenized loans as examples of crypto ideas that are finding applications in traditional finance.<\/p>\n \u201cEven if you are skeptical about crypto,\u201d the BitGo CEO wrote, \u201cyou can\u2019t deny our industry\u2019s innovations have already made real change in traditional markets.\u201d<\/p>\n The comparison comes as crypto platforms expand access to traditional assets, with a recent CryptoQuant report revealing that equity perpetual futures reached<\/a> $250 billion in monthly volume in July, up from roughly $15 billion in April.<\/p>\n Binance accounted for about 76% of that activity. The products give traders exposure to selected stocks through contracts that trade continuously, although activity remains concentrated in technology and semiconductor-related names.<\/p>\n Tokenized equities are another part of the shift. As CryptoPotato<\/em> reported earlier in the year, Nasdaq has been working<\/a> with Kraken on tokenized stocks, with Kraken\u2019s xStocks infrastructure intended to support Nasdaq issuer-sponsored equity tokens.<\/p>\n Stablecoins are also moving deeper into mainstream payments, with PayPal reporting<\/a> $486.4 billion in payment volume for the second quarter and placing stablecoins under its expanded digital asset strategy. However, its PYUSD stablecoin has about $2.75 billion in supply, down from more than $4 billion in March, with the entire stablecoin market cap at just over $300 billion per DefiLlama.<\/p>\n Nasdaq\u2019s move does not make stock markets 24\/7. Still, its proposed 23-hour schedule puts a traditional exchange closer to the always-on model that crypto markets have operated under for years.<\/p>\n The post Nasdaq Embraces Crypto-Style Trading With 23-Hour Market Plan<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Nasdaq plans to add overnight stock trading from 9 p.m. to 4 a.m. ET in December 2026, subject to SEC approval and other technical requirements. BitGo CEO Mike Belshe and crypto analyst Nate Geraci say the move shows traditional markets are adopting ideas that crypto exchanges have used for years. Nasdaq Plans 23-Hour Trading Five […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-215047","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/215047"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=215047"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/215047\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=215047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=215047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=215047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Crypto Markets Already Trade Beyond Traditional Hours<\/h2>\n