Nasdaq is considering a major shift to introduce 24-hour trading for five days a week, as announced by President Tal Cohen. This initiative, referred to as 24/5 trading, aims to modernize the platform and enhance investment access for a broader array of investors. However, the implementation is highly contingent on regulatory approval and the capability of Nasdaq's technology and partners to accommodate this significant operational change. Cohen stresses that a coordinated approach is essential to maintain efficiency and protect investors during the transition.
In a blog post, Nasdaq president Tal Cohen proposed 24/5 trading, aiming to modernize the exchange and expand access for investors.
Cohen emphasized that 24-hour trading could "expand wealth-building opportunities" while ensuring a coordinated approach to avoid operational complexity.
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