New York Stock Exchange Seeks Opinion If It Should Trade 24/7 Like Bitcoin, Ethereum As SEC Examines Steve Cohen-Backed Proposal
New York Stock Exchange Seeks Opinion If It Should Trade 24/7 Like Bitcoin, Ethereum As SEC Examines Steve Cohen-Backed Proposal
The New York Stock Exchange (NYSE) is currently seeking feedback from market participants regarding the potential benefits of implementing a 24/7 trading schedule, similar to the trading of cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). This move coincides with regulatory scrutiny of a proposal for the first-ever continuous exchange, which has the backing of Steve Cohen.
紐約證券交易所（NYSE）目前正在尋求市場參與者的反饋，以了解實施全天候交易時間表的潛在好處，類似於比特幣（加密貨幣：BTC）和以太坊（加密貨幣：ETH）等加密貨幣的交易。此舉恰逢監管部門對有史以來第一個持續交易所提案的審查，該提案得到了史蒂夫·科恩的支持。
What Happened: The NYSE, a part of the Intercontinental Exchange (NYSE:ICE), is actively seeking opinions on the possibility of trading stocks round the clock, reported the Financial Times on Monday.
發生了什麼：《金融時報》週一報道，隸屬於洲際交易所（紐約證券交易所代碼：ICE）的紐約證券交易所正在就全天候交易股票的可能性積極徵求意見。
The survey, conducted by the NYSE's data analytics team, underscores the increasing interest in trading major stocks such as Apple Inc (NASDAQ:AAPL) and NVIDIA Corp (NASDAQ:NVDA) during the overnight hours.
這項由紐約證券交易所數據分析團隊進行的調查突顯了人們對隔夜交易蘋果公司（納斯達克股票代碼：AAPL）和NVIDIA公司（納斯達克股票代碼：NVDA）等主要股票的興趣與日俱增。
The surge in retail investor activity, initially sparked by the COVID-19 pandemic lockdowns, and the continuous trading of cryptocurrencies have been key drivers of this discussion.
最初由 COVID-19 疫情封鎖引發的散戶投資者活動激增以及加密貨幣的持續交易一直是本次討論的關鍵驅動力。
While other major markets, including U.S. Treasuries, major currencies, and leading stock index futures, can be traded around the clock, stock exchanges have been relatively slow to adapt. However, several retail brokers, such as Robinhood Markets Inc. (NASDAQ:HOOD) and Interactive Brokers, now offer 24-hour weekday access to U.S. stocks.
儘管包括美國國債、主要貨幣和主要股指期貨在內的其他主要市場可以全天候交易，但證券交易所的適應相對緩慢。但是，一些零售經紀商，例如羅賓漢市場公司（納斯達克股票代碼：HOOD）和盈透經紀商，現在在工作日提供24小時的美國股票交易機會。
"I have no idea how much volume they're going to be doing in the middle of the night. But it's really not up to the SEC to decide whether it's commercially viable or not. I'm in favour of letting the market decide. If it succeeds, we're all better off and if it doesn't, well, the exchange's investors lost," said James Angel, a finance professor at Georgetown University, who filed a letter supporting 24X's plan.
“我不知道他們半夜會有多少音量。但是，實際上不能由美國證券交易委員會來決定它在商業上是否可行。我贊成讓市場來決定。如果成功了，我們都會過得更好，如果不成功，交易所的投資者就會蒙受損失。” 喬治敦大學金融學教授詹姆斯·安吉爾說，他提交了一封支持24X計劃的信。
The NYSE survey seeks opinions on various aspects of round-the-clock trading, including whether it should be extended to weekends, how investors should be protected from price fluctuations, and how overnight sessions should be staffed.
紐約證券交易所的調查就全天候交易的各個方面徵求意見，包括是否應將其延長至週末，如何保護投資者免受價格波動的影響，以及應如何爲隔夜交易配備人員。
Meanwhile, the SEC is reviewing a proposal for the first 24/7 exchange, backed by Steve Cohen's Point72 hedge fund. The SEC has several months to scrutinize the plans, and no issues have been raised with the proposal as of Friday.
同時，美國證券交易委員會正在審查由史蒂夫·科恩的Point72對沖基金支持的第一家全天候交易所的提案。美國證券交易委員會有幾個月的時間來審查這些計劃，截至週五，該提案尚未提出任何問題。
Why It Matters: The potential shift to 24-hour trading is a significant development in the financial markets. This move could have a profound impact on the global trading landscape, especially with the rise of retail investors and the increasing popularity of cryptocurrencies.
爲何重要：向24小時交易的潛在轉變是金融市場的一項重大發展。此舉可能會對全球交易格局產生深遠影響，尤其是在散戶投資者的崛起和加密貨幣越來越受歡迎的情況下。
Robinhood recently faced speculation about a halt in its 24-hour trading service, further highlighting the potential impact of changes in trading hours on the market.
Robinhood最近面臨有關其24小時交易服務暫停的猜測，這進一步凸顯了交易時間變化對市場的潛在影響。
Image Via Shutterstock
圖片來自 Shutterstock
譯文內容由第三人軟體翻譯。