#SECPushesFor24HourTrading SEC Takes Steps Towards 24-Hour Trading in the US Stock Market ✨



The SEC announced it will hold a public roundtable meeting on September 17 to discuss the transition to a 24-hour trading model in the US stock market.

🔹 Announcement: Meeting to discuss transition to 24-hour trading model on September 17
🔹 Agenda: Preparations for night sessions, market resilience, and expansion challenges
🔹 SEC Chairman Paul Atkins stated that they are moving towards a new day and night era in the US stock market and emphasized alignment with the global continuous trading model
🔹 Approved step: Approval given for 23-hour trading
🔹 Pending applications: Major exchanges have applied to extend trading hours
🔹 Driving force: The 24/7 model in the crypto sector pushing traditional finance beyond time constraints

The meeting will cover topics such as infrastructure preparation for night trading, clearing and settlement processes, and market resilience in times of volatility. The approved 23-hour model and pending applications are seen as a significant milestone in the US market's transition to a continuous trading period.

The general expectation is that the continuous nature of the cryptocurrency market is putting pressure on traditional markets, and that a 24-hour trading model has become inevitable for global harmonization.
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