March 16 (Reuters) – Exchange operator Cboe said on Monday it has submitted a proposal to the Securities and Exchange Commission to launch a near 24×5 U.S. equities trading on one of its exchanges. The proposal comes as exchanges ramp up their push to capture surging investor demand for non-stop trading in U.S. stocks. Peer […]
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Cboe submits proposal to launch near 24×5 U.S. equities trading
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March 16 (Reuters) – Exchange operator Cboe said on Monday it has submitted a proposal to the Securities and Exchange Commission to launch a near 24×5 U.S. equities trading on one of its exchanges.
The proposal comes as exchanges ramp up their push to capture surging investor demand for non-stop trading in U.S. stocks.
Peer Nasdaq, one of the world’s largest exchanges and home to tech companies like Nvidia, Apple and Amazon, told Reuters in December it was planning to submit paperwork for round-the-clock trading.
Cboe is planning to launch the 24×5 trading on its EDGX Equities Exchange in December 2026, pending regulatory approval. The move would make U.S. stocks available for trading from Sunday 9 p.m. ET to Friday 8 p.m., with a one-hour operational pause between 8 p.m and 9 p.m. Monday through Thursday.
“Cboe’s filing with the SEC is the latest step in ensuring we are ready to offer overnight trading once the industry launches in December,” Oliver Sung, head of North American Equities, said in a statement.
The exchange operator said it has seen a 590% growth in average daily volume from February 2022 to February 2026, adding that it currently offers trading from 4 a.m. ET to 7 a.m. ET on two of its four exchanges.
Cboe provides trading platforms for equities and derivatives, including products linked to its flagship VIX volatility index, often referred to as the market’s “fear gauge.”
(Reporting by Utkarsh Shetti in Bengaluru; Editing by Shailesh Kuber)