Business · Markets · 3 hrs ago
US exchanges plan 23-hour trading, unsettling some long-term investors
The New York Stock Exchange and Nasdaq plan to operate 23 hours a day from December.
The change has left some individual investors unsure whether longer trading hours will help them.
One 60-year-old investor, known by the nickname Nasdaq-ko, said she felt uneasy about the plan.
She has about 500 million yen in assets, with 65% of her portfolio in Nvidia shares.
She said seeing prices move can make her feel unsettled, reflecting concern that more hours to trade may bring more temptation to watch the market.
The change is coming, but the available details do not say how it will affect long-term investors.
The New York Stock Exchange and Nasdaq plan to operate for 23 hours a day starting in December.
Some long-term individual investors are unsettled by the change.
A Japanese investor in her 60s said she felt wary rather than excited about the extended trading.
She has assets worth about 500 million yen, with 65% of her portfolio in Nvidia shares.
- Who
- The New York Stock Exchange and Nasdaq plan the change. Some long-term individual investors, including a Japanese investor in her 60s, are wary.
- What
- US exchanges plan to operate for 23 hours a day.
- When
- Starting in December.
- Where
- US stock exchanges.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Planned trading hours
- 23 hours a day
- Exchanges
- New York Stock Exchange and Nasdaq
- Start
- December
- Investor's age
- In her 60s
- Investor's assets
- About 500 million yen
- Nvidia share of portfolio
- 65%
1 source
What people are saying
They've gone and done something unnecessary.