2025-12-24 04:23:24

Everyone understands the difficulties of trading US stocks - you can't sleep at night waiting for the market to open, and if trading were available 24 hours, you'd probably have to get involved during the day as well.

Interestingly, Nasdaq has really taken action this time. On December 15, it officially submitted an application to the SEC to extend trading hours from the current 5 days a week, 16 hours a day (including pre-market, regular market, and after-hours) to 5 days a week, 23 hours a day.

In other words, trading starts from Sunday night at 21:00 and continues until Friday night at 20:00, with a 1-hour market closure window in between (20:00-21:00). This rhythm is almost identical to the 7×24 never-sleeping nature of the cryptocurrency market.

The official statement sounds smooth: catering to the needs of Asian and European investors, allowing them to participate in trading during non-traditional hours. But to truly see through this matter, the calculations behind it go far beyond that.

NASDAQ is actually conducting stress tests for stock tokenization. A "financial system that doesn't close its doors" is gradually taking shape. From the current 5×16, approaching 5×23, this is not only an extension in time, but also a signal that traditional finance is moving towards a blockchain model - attempting to narrow the gap between itself and the crypto market.

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FlippedSignal

· 12-24 04:53

The Nasdaq learning this encryption trap, to put it bluntly, is just panicking. 5×23 is just short of 24/7, and what more are they pretending to care for Asian investors?

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HackerWhoCares

· 12-24 04:52

Haha, Nasdaq is trying to compete with our crypto market. Really, TradFi can no longer sit still and is slowly moving closer to us. 24-hour trading should have been implemented long ago, but that means losing two hours of sleep. As for stock tokenization, it feels like they have finally touched the threshold. To put it bluntly, they are afraid of being marginalized and have to get involved. This is going to be interesting; Wall Street is also going to play the never-sleeping game.

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DaoGovernanceOfficer

· 12-24 04:52

empirically speaking, nasdaq mimicking crypto's 24/7 model is just institutional cope. they're finally admitting the data shows decentralized markets won already—this is just theater to keep retail from abandoning traditional finance altogether 🤓

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RugResistant

· 12-24 04:51

NASDAQ is learning encryption, it's really opened my eyes.

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StillBuyingTheDip

· 12-24 04:43

Wow, NASDAQ has really been forced to learn from the crypto world. 5×23 is going to tokenize our sleep time too.

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SnapshotLaborer

· 12-24 04:34

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