TechFlow news, December 16: Nasdaq has filed documents with the SEC proposing to extend daily trading hours for stocks and ETPs from 16 to 23 hours, five days a week. The exchange stated that 24/7 trading of crypto assets is reshaping global investor expectations, particularly benefiting investors in the Asia-Pacific region who wish to participate in U.S. equity-related instruments. Meanwhile, a few days ago, HKEX market chief Calvin Yau reiterated that while 24-hour trading requires further study, extending trading hours "to a certain extent" could be considered, and consultation on reforming board lot sizes will move forward. A BiyaPay analyst noted that the global shift toward "longer trading hours" will improve cross-time-zone trading efficiency but may also amplify volatility and operational pressures; investors should place greater emphasis on risk management and trading discipline. BiyaPay supports USDT trading for U.S. and Hong Kong stocks, futures, and offers 0-fee cryptocurrency spot and derivatives trading.
