Wall Street Prepares for 23-Hour Stock Trading Days

U.S. stock markets are rapidly approaching a future of nearly round-the-clock trading, with exchanges actively preparing for a broad rollout by late 2026. Nasdaq has officially filed with regulators to extend trading hours to 23 hours per weekday, a move aimed at providing greater global investor access to U.S. capital markets.

Despite these advancements, significant apprehension exists among major U.S. banks. Executives at institutions like JPMorgan, Bank of America, and Morgan Stanley have voiced concerns regarding the substantial investment required and the lack of guaranteed financial returns. Some view the expansion as a "nuisance" rather than a revenue driver, emphasizing the need for robust risk management protections before full implementation.