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\n\t\t\t\t\t\t\t\t\tNasdaq’s proposed schedule still includes a one-hour daily pause for processing and transition to the next trading day.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Nasdaq plans to add overnight stock trading from 9 p.m. to 4 a.m. ET in December 2026, subject to SEC approval and other technical requirements.<\/p>\n
BitGo CEO Mike Belshe and crypto analyst Nate Geraci say the move shows traditional markets are adopting ideas that crypto exchanges have used for years.<\/p>\n
Nasdaq is seeking<\/a> regulatory approval to run a nearly continuous trading week, 23 hours a day, five days a week.\u00a0The plan adds an overnight session from 9 p.m. to 4 a.m. ET, on top of the extended hours Nasdaq already runs, from 4 a.m. to 9:30 a.m. and 4 p.m. to 8 p.m, with the core 9:30 a.m. to 4 p.m. session staying the primary pricing window, and the opening and closing crosses still setting official prices.<\/p>\n The overnight session runs from 9 p.m. Sunday through 8 p.m. Friday, with a one-hour daily pause for processing. Nasdaq is targeting Sunday, December 6, 2026, for the launch, pending SEC approval and readiness of the industry\u2019s Securities Information Processor.<\/p>\n Some order types, including unpriced market orders and opening and closing auction orders, won\u2019t be available overnight, and any order still open at 4 a.m. gets canceled automatically. Nasdaq Texas, PSX, and Nasdaq\u2019s options exchanges keep their current schedules.<\/p>\n Geraci posted his reaction to the announcement, writing<\/a> on X that traditional finance exchanges are now \u201cplaying by crypto\u2019s rules\u201d and predicted that major exchanges could eventually move toward 24\/7 trading.<\/p>\n Belshe made a similar argument. He pointed<\/a> to longer stock-market hours, perpetual futures, stablecoins, and tokenized loans as examples of crypto ideas that are finding applications in traditional finance.<\/p>\n \u201cEven if you are skeptical about crypto,\u201d the BitGo CEO wrote, \u201cyou can\u2019t deny our industry\u2019s innovations have already made real change in traditional markets.\u201d<\/p>\n<\/blockquote>\n The comparison comes as crypto platforms expand access to traditional assets, with a recent CryptoQuant report revealing that equity perpetual futures reached<\/a> $250 billion in monthly volume in July, up from roughly $15 billion in April.<\/p>\n Binance accounted for about 76% of that activity. The products give traders exposure to selected stocks through contracts that trade continuously, although activity remains concentrated in technology and semiconductor-related names.<\/p>\n Tokenized equities are another part of the shift. As CryptoPotato<\/em> reported earlier in the year, Nasdaq has been working<\/a> with Kraken on tokenized stocks, with Kraken\u2019s xStocks infrastructure intended to support Nasdaq issuer-sponsored equity tokens.<\/p>\n Stablecoins are also moving deeper into mainstream payments, with PayPal reporting<\/a> $486.4 billion in payment volume for the second quarter and placing stablecoins under its expanded digital asset strategy. However, its PYUSD stablecoin has about $2.75 billion in supply, down from more than $4 billion in March, with the entire stablecoin market cap at just over $300 billion per DefiLlama.<\/p>\n Nasdaq\u2019s move does not make stock markets 24\/7. Still, its proposed 23-hour schedule puts a traditional exchange closer to the always-on model that crypto markets have operated under for years.<\/p>\nYou may also like:<\/h3>\n
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Crypto Markets Already Trade Beyond Traditional Hours<\/h2>\n