Bloomberg: U.S. exchanges advance efforts to extend trading hours,NYSE propose building a tokenized securities platform
BIBIBI
AT A GLANCE
The report stated that U.S. stock markets are gradually moving toward / trading, while the relevant platforms and partnerships still require regulatory approval.
Article
⚡️Bloomberg: U.S. stocks may be heading toward 24/7 trading, as / markets face a stress test
BlockBeats news,September 28, according to Bloomberg, as U.S. exchanges and financial institutions advance efforts to extend trading hours, the U.S. stock market is gradually moving toward a / trading model, 24/7 trading will pose new challenges to existing financial market infrastructure and trading mechanisms.
The New York Stock Exchange previously announced the development of a blockchain-based digital securities platform, planning to support tokenized U.S. stocks and ETF/ trading, fractional trading, and instant settlement. Recently,NYSE signed a memorandum of understanding with Blockchain.com, planning to provide the latter’s users with tokenized U.S. stocks and ETF trading access, 24/7 trading access, but regulatory approval is still required.
Meanwhile, the expansion of traditional trading markets toward / operation will also bring new challenges involving liquidity, price discovery, market surveillance, clearing and settlement, and investor protection. Market participants are gradually testing whether traditional securities markets can adapt to a continuous trading model similar to that of crypto markets.
Original link https://m.theblockbeats.info/flash/369405
Key points
01
BlockBeats September 28 reported, citing Bloomberg, that U.S. exchanges and financial institutions are advancing efforts to extend trading hours.
02
The New York Stock Exchange previously announced the development of a blockchain-based digital securities platform, planning to support tokenized U.S. stocks and ETF/ trading, fractional trading, and instant settlement.
03
NYSE signed a memorandum of understanding with Blockchain.com, planning to provide Blockchain.com users with tokenized U.S. stocks and ETF of 24/7 trading access.
04
NYSE The related plans with Blockchain.com still require regulatory approval.
05
The original text stated that / operation would bring new challenges for liquidity, price discovery, market surveillance, clearing and settlement, and investor protection.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This news report says that the traditional U.S. stock market is attempting to extend trading hours and exploring the use of tokenization to provide around-the-clock trading. However, the relevant platforms and partnerships remain in the planning or testing stages and are still awaiting regulatory approval.
Why it matters to readers
If / trading is implemented, securities markets will need to continuously process trades, pricing, surveillance, and settlement, while also addressing liquidity and investor protection issues.
Beginners should note that “planned support” does not mean it has already launched;24/7 transaction also does not mean that every period has the same level of trading activity or trading conditions.
Risks and unknowns
The materials do not provide the original Bloomberg article or regulatory documents, so the relevant claims can only be based on BlockBeats’ account.
It remains uncertain whether regulators will approve the relevant services.
The launch date, specific service scope, and implementation arrangements for the digital securities platform have not been disclosed.
Arrangements for liquidity, market surveillance, clearing and settlement, and investor protection in / trading have not yet been clarified.
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Related concepts
24/7 Trading
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