Cboe plans to launch 24-hour stock market and derivatives trading services to keep up with the encryption market.

The globally renowned exchange Cboe recently announced that it will launch 24-hour stock trading to meet the needs of international investors, demonstrating the potential competitive landscape with the encryption market. With the rapid advancement of tokenization asset (RWA) technology, the trend of integrating TradFi with encryption finance may continue to deepen and innovate.

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Cboe plans to launch a 24-hour weekday trading service for US stocks

Derivatives and securities exchange Cboe Global Markets pointed out in its latest announcement that it plans to provide 24/7 trading services on its Cboe EDGX stock exchange from Monday to Friday, offering investors more flexible market participation opportunities.

It is reported that the main goal is to meet the needs of Asian market investors for the trading hours of the US stock market.

Cboe North American Stock Exchange Director Oliver Sung said:

We have heard strong demands from investors in Hong Kong, Japan, South Korea, Singapore, and Australia to extend the trading hours of the US stock market, so we have decided to launch a 24x5 trading mode.

And supplement, 'The exchange is the preferred choice for high transparency and strong liquidity, capable of supporting 24/7 uninterrupted stock trading services.'

Rising demand for 24/7 trading in the TradFi market

Cboe pointed out,