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Nasdaq seeks to extend trading hours, as Wall Street gears up for 24/7 move

Investor demand for nonstop trading in U.S. stocks has surged in recent years, prompting regulators to introduce new rules and green-light proposals from major exchanges to enable trading beyond normal market hours. The U.S. stock market represents almost two-thirds of the market value of listed companies globally, while total foreign holdings of U.S. equities reached $17 trillion last year, according to data compiled by Nasdaq.

 

"There's been this trend towards globalization for some time and we've seen the U.S. markets themselves become much more global," Chuck Mack, senior vice president of North American markets at Nasdaq, told Reuters.