Cboe Global Markets has received Securities and Exchange Commission (SEC) approval to launch 23×5 US equities trading on its Cboe EDGX Equities Exchange (EDGX) with service expected to launch in December 2026, pending industry readiness.
EDGX will offer 23×5 trading for all listed NMS stocks. The extended trading week will run from Sunday 9pm ET to Friday 8pm ET, excluding US market holidays, with a one-hour operational pause 8pm ET to 9pm ET Monday to Thursday. All trades are planned to be cleared through the Depository Trust and Clearing Corporation (DTCC).
Oliver Sung, Head of North American Equities at Cboe, said: “Since introducing early trading hours on EDGX in 2021, Cboe has seen significant growth in demand for US markets outside of traditional trading hours, particularly from Asia Pacific retail investors, as they look to react to news in real-time.
“This growing demand is a key driver in our company-wide efforts to expand global access to Cboe’s markets and data across asset classes. The SEC approval of 23×5 trading on EDGX marks the latest step forward in this initiative, and once launched, will enable investors across the globe to trade US equities when they see fit.”
Cboe currently offers trading from 4am ET to 8pm ET on two of its four US equity exchanges, including EDGX. In addition, Cboe has successfully operated near 24×5 trading in its proprietary index derivatives and Global FX markets.
Cboe expects extended trading hours to further increase demand for US equities market data from global clients, including Asia-Pacific (APAC) customers, as real-time pricing is a critical component of the investing and trading process. The Cboe One US Equities Feed provides consolidated, real-time market data from Cboe’s four US equities exchanges to customers worldwide.
