Trading never sleeps—U.S. stocks are now moving toward 24/7 trading. According to an official SEC announcement, the U.S. securities market is actively advancing toward round-the-clock trading. The SEC will hold a roundtable on September 17 to discuss the infrastructure and risks of 24/7 trading. Exchanges are preparing to implement these changes by year-end: - Nasdaq plans to officially launch 23-hour trading on December 6 - NYSE Arca is developing a 22-hour model - Cboe is awaiting SEC approval for its near-24-hour proposal Even the London Stock Exchange is launching a new 24/5 trading venue, set to go live in the first half of next year... This wave? I’d say the crypto market has been the driving force. The SEC itself cited one key reason in its documents: the crypto market’s 24/7 trading culture is pushing traditional finance to catch up. Global investors’ demand for cross-time-zone trading is growing, making the U.S. market’s outdated 6.5-hour trading window increasingly obsolete. Of course, extending trading hours isn’t without risks. Liquidity thins at night, market makers may be reluctant to quote prices, bid-ask spreads could widen, and retail traders are more vulnerable to exploitation during off-hours. But for those of us who’ve been in the crypto trenches, these are everyday realities. Welcome, U.S. stock traders, to the Never-Sleeping Club. Your welcome package? Dark circles and the constant anxiety of getting picked off at any hour 😂.