If approved, the offering – Global Trading Hours - will add a ‘night’ session to the exchange’s trading hours, set to run from 9pm to 4am ET the next calendar day.
The offering will allow clients to continuously operate on the most advanced service and forms part of the firms’ drive to modernise capital markets and treasury infrastructure.
The SEC filing follows an increased integration of digital assets alongside traditional finance across the industry in recent months.
The offering is expected to support the commission in promoting market integrity and follows recent growth in traditional and digital asset classes.
The outage caused the exchange to cancel all cash equities, ETPs and equity derivatives trades on Tuesday; incident spurs continued trader frustration regarding key market infrastructure.
The TRADE catches up with Valerie Bannert-Thurner, EVP, chief revenue officer, fintech division at Nasdaq, to talk all things cloud, touching on the reasons behind recent surges, buy-side adoption, and the future potential of the space.
The move is set to enhance the trading venue’s market infrastructure to improve liquidity and resilience in the Philippines.
nuam – the merger between the Santiago, Lima, and Colombia stock exchanges – is set to drive capital market integration across Latin America thanks to this strengthened technology partnership with Nasdaq.
The exchange aligns with Cboe Global Markets and the New York Stock Exchange, who have also announced plans to extend trading hours for US equities on their respective platforms.
Changes will halt European plans by Cboe, Aquis and PureStream – powered by Nasdaq – to launch trajectory offerings on the continent which were scheduled for the coming months.