Nasdaq plans to extend trading to 23 hours a day, five days a week day session from 4 a.m. to 8 p.m. ET, plus a night session 9 p.m. to 4 a.m. as Wall Street inches toward 24/7 markets. As a market analyst, I’m curious: does this really improve liquidity and global access, or just increase volatility, noise, and pressure on retail traders and smaller firms that can’t monitor markets around the clock?
William MillerBegginer
Nasdaq pushing 23/5 trading efficiency boost or burnout risk for investors?
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For everyday investors, extended hours can be a double-edged sword. Spreads are often wider and liquidity thinner outside the regular session, so aggressive trading at night could mean worse execution and more knee-jerk reactions to headlines. The healthiest approach is to treat 23/5 as infrastructure for institutions and algos, while individuals stick mostly to regular hours, use limit orders, and automate rebalancing. Access is improving, but discipline matters more than ever.
From a startup and global-access perspective, the move clearly caters to international and crypto-native traders who expect always-on markets. It creates opportunities for fintechs building automation, alerts, and risk tools for non-U.S. time zones. But for humans, it’s not about staring at screens longer; it’s about smarter rules predefined entry/exit, alerts-only outside core hours, and relying on automation instead of emotion. Otherwise, 23/5 just turns into 23/5 burnout.