First 24/7 US Stock Exchange Approved by SEC
The Securities and Exchange Commission recently announced a new plan that would maintain one-hour breaks for trading starting at 7 p.m. This move is aimed at ensuring consistency and efficiency in the trading process. The plan was detailed in a notice posted on Wednesday, providing market participants with a clear understanding of the proposed changes.
Under the new plan, traders can expect to continue with the existing one-hour breaks that start at 7 p.m. This break time allows for a pause in trading activity, giving market participants a chance to regroup and prepare for the next trading session. This structured approach helps to streamline the trading process and maintain order in the markets.
By outlining this plan, the Securities and Exchange Commission aims to provide transparency and clarity to market participants. The one-hour breaks starting at 7 p.m. have been a consistent feature in trading, and the decision to preserve them reflects a commitment to maintaining stability and efficiency in the markets.
Overall, this new plan is designed to enhance the trading experience for market participants while ensuring fairness and orderliness in the markets. By maintaining one-hour breaks starting at 7 p.m., the Securities and Exchange Commission is prioritizing consistency and efficiency in trading operations. Traders can look forward to continued clarity and structure in their trading activities, thanks to this new plan.
