NYSE Seeks 22-Hour Trading as Robinhood Pushes 24/7 Markets.

Sprecher noted regulatory limits on the traditional stock market, saying “New York Stock Exchange, by law, has to close the stock exchange at four in the afternoon.” He added that new entrants created nonstop markets, stating “These innovators have created twenty-four by seven markets, twenty-four by seven capital movements, and we’re trying to catch up, much like the regulators, and figure out what this means for our business.”

On stablecoins, Sprecher said they have “dollarized the world,” being denominated in U.S. dollars and prompting central banks in Europe, the U.K., and China to explore similar digital currencies. Last year, Intercontinental Exchange signed a memorandum of understanding with Circle to explore integrating Circle’s stablecoin products into its trading and clearing operations.

Market players are already moving: NYSE plans to expand NYSE Arca weekday hours to 22 hours per day, while Nasdaq has filed for about 23-hour trading five days a week with the U.S. securities regulator. Robinhood has rolled out 24/7 trading for selected stocks and ETFs and introduced tokenized U.S. equities and ETFs on Arbitrum for its EU clients. Its CEO said, “Tokenization will unlock 24/7 markets, and once people experience it, they’ll never go back.”

Retail discussion around ICE skewed bearish amid high message volume. Over the past year, ICE shares have risen nearly 18%, while Robinhood shares have gained more than 200%. For contact, the original item included an option to Add us on Google.