Type:Notice
Citation:89 FR 106709
Reading Time:about 28 minutes
The NYSE Arca, Inc. has proposed a rule change to extend its trading hours. This amendment suggests that the trading sessions on Monday through Thursday will run from 1:30 a.m. Eastern Time to 11:30 p.m. Eastern Time, and on Friday, from 1:30 a.m. Eastern Time to 8:00 p.m. Eastern Time. The goal is to make markets more accessible and increase trading opportunities for investors. Additionally, the proposal includes new disclosures about the risks associated with trading during these extended hours.
Simple Explanation
NYSE Arca wants to open their trading hours super early and keep them open really late to give people more chances to buy and sell stocks. They also want people to know that trading during those new hours might have some risks.