Introduction & Context
The NYSE plans to seek approval for continuous trading in tokenized securities. The proposal signals momentum toward always-on markets and new trading structures.
Background & History
Coverage provides limited history on prior attempts at 24/7 equities markets in this account. It focuses on the proposal and the need for regulatory review.
Key Stakeholders & Perspectives
Stakeholders include regulators, exchanges, brokerages, and retail investors who may trade outside traditional hours. Some may favor flexibility, while others may worry about liquidity and fairness.
Analysis & Implications
If approved, trading could shift to a more continuous rhythm, potentially increasing reaction speed to overnight events. Market rules, surveillance, and investor protections may need updates to match new hours and instruments.
Looking Ahead
Watch for regulator feedback, pilot proposals, and details on how liquidity and safeguards would work. Also watch for competing exchanges or platforms responding with similar plans.