The Stock Market Is Going 24/7
The push toward continuous, around-the-clock trading marks the most significant transformation in market operations since electronic trading replaced traditional floor exchanges. A version of this story first appeared in Quartz’s exclusive Weekend Brief newsletter for members.
A Changing Market Rhythm
The familiar 9:30 a.m. to 4 p.m. trading schedule, accompanied by the ringing of bells that originated in the 1870s, is rapidly becoming a relic. It now feels as outdated as the headsets still used by some traders on the New York Stock Exchange floor.
New Era of Constant Access
Wall Street is quickly adapting to the continuous pace set by cryptocurrency and prediction markets. Financial institutions are responding to the expectations of a new wave of retail investors eager for nonstop market access.
Expanding Trading Hours
- The NYSE aims to extend its trading window to 22 hours a day.
- Nasdaq is exploring a full 24-hour trading schedule.
- Some platforms anticipate launching round-the-clock trading before the end of the year.
Drivers of the Shift
This transformation is fueled by a surge in retail investor activity—now representing about 20% of daily U.S. trading volume—and the global demand for access to American equities valued in the trillions.
A shift toward round-the-clock trading represents the most fundamental change to market structure since electronic trading replaced the trading floor.
Author’s summary: The move to a 24/7 trading model redefines Wall Street’s tempo, aligning stock markets with the nonstop rhythm of digital finance and retail investor demand.