SEC Authorizes Tokenized Equities and 23/5 Trading Schedule
The SEC has authorized the tokenization of U.S. equities and established a schedule for 23-hour, 5-day-a-week trading. The initiative aims to improve trading efficiency and reduce settlement failures. The market data infrastructure (SIP) is scheduled to transition to this 23/5 model on December 6, 2026. Nasdaq plans to implement a new trading session from 9 p.m. to 4 a.m. ET, with a one-hour technical break.
Summaries are written by AI from the original article. Not investment advice.