Nasdaq is Planning 23-Hour Trading
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The US technology exchange Nasdaq (NASDAQ: NDAQ) is planning a profound restructuring of stock trading: In the future, stocks and exchange-traded products will be tradable for up to 23 hours a day on weekdays. For this, Nasdaq intends to submit corresponding documents to the US Securities and Exchange Commission (SEC) shortly. This move is a response to the sharply increased demand for nearly continuous trading of US stocks, especially from international investors. The US accounts for about two-thirds of global stock market capitalization, and foreign...
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