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Is 2027 the new 24-hour trading target?

Slew of technical issues and dearth of SEC staff compound exchanges’ reluctance for round-the-clock equity trading.

“Open 24 hours” neon sign with a shadowy question mark on the adjacent wall
Credit: Risk.net montage

Division among US equity exchanges will likely cause delays to the much-heralded 24-hour trading paradigm, as government job cuts and a phalanx of operational issues add to the list of factors making proposed timelines look ambitious at best.

Four exchanges—24X, the New York Stock Exchange, Nasdaq and Cboe—have expressed their intent to debut round-the-clock trading before the end of 2026. Yet even the most bullish participants are cautious in their optimism about this timescale. Alongside

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