The Nasdaq wants to roll out something new: nonstop trading.

‍What’s happening:‍

• The Nasdaq has officially announced their intention to begin rolling out 24 hour a day trading
  

Why it matters:‍

• This is the first time ever that the Nasdaq has made a move to change their traditional trading hours, which represents a large scale shift towards nonstop global markets
  

Going deeper:‍

• 24 hour a day trading has started to become a major theme across both Wall Street and Silicon Valley, with legendary hedge fund manager Steve Cohen’s Point72 Ventures previously investing into 24 Exchange
  
• The New York Stock Exchange and the Cboe Exchange have also both previously announced plans to extend their trading hours as well
  

The intrigue:‍

• There has been a renewed focus in America on building new technology and innovation around traditional stock exchanges, which notably has led to the formation of the Texas Stock Exchange
  

The fine print:‍

• The Nasdaq being able to roll out 24 hour a day trading will still ultimately require approval from American regulators

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