Cboe Global Markets Proposes Near 24x5 Trading Hours to Meet Investor Demand

Cboe Global Markets Champions Extended Trading Hours Amid Growing Demand

Cboe Global Markets, Inc. announces its proposal to the Securities and Exchange Commission (SEC) to implement near 24x5 trading of U.S. equities on its Cboe EDGX Equities Exchange, marking a significant shift in trading capabilities set for December 2026, contingent on regulatory approvals and infrastructure readiness. The initiative allows all listed National Market System (NMS) stocks to be traded from Sunday 9 p.m. Eastern Time through Friday 8 p.m. ET, with a one-hour pause from 8 to 9 p.m. ET Monday through Thursday, excluding U.S. market holidays. This move anticipates a robust response to rising market demand for after-hours trading options, reflecting a broader trend in how investors are engaging with markets today.

Evidence supporting this initiative comes from a marked increase in trading volume during non-traditional hours, with a reported 590% rise in average daily volume for Early Trading Hours from February 2022 to February 2026. Currently, Cboe provides trading on two of its exchanges from 4 a.m. to 7 a.m. ET, indicating a strong interest in extended market hours. The firm's experience with around-the-clock trading through its index futures and options, along with successes in its Global FX markets, further bolsters confidence in the feasibility and sustainability of this new trading structure.

Oliver Sung, Head of North American Equities at Cboe, highlights the importance of collaboration with market participants in launching this overnight trading capability. Sung emphasizes that Cboe's commitment extends beyond simply expanding trading hours; it includes a strong focus on market integrity and investor protections. As Cboe seeks to enhance market access and deliver high-quality real-time data through its Cboe One U.S. Equities Feed—which accounted for 20.2% of on-exchange trading in U.S. equities in 2025—the company positions itself at the forefront of innovation in the equities trading landscape.

In tandem with these developments, Cboe’s plans align with broader industry trends toward accommodating investor needs in a constantly evolving trading environment. The proposed trading framework seeks to empower investors with increased flexibility and opportunities while maintaining a focus on regulatory and operational preparedness. As Cboe moves forward, its ability to adapt to market demands while fostering a secure trading ecosystem may well set new standards for exchange operations internationally.