SEC Chair Paul S. Atkins Pushes for 24-Hour US Stock Trading

SEC Chair Paul S. Atkins announced that the agency is advancing preparations to expand US stock market trading to 24 hours. This initiative aims to improve investor responsiveness to market events, increase global participation, and enhance liquidity. Atkins noted that the DTCC has launched a 23x5 trade capture system for clearing and settlement, while the industry has established risk management protocols for overnight trading. Additionally, tokenization is expected to assist the securities industry in achieving real-time inventory management, improving efficiency, and reducing risks associated with naked short selling.