Bruce Markets Plans 24/7 U.S. Equity Trading Initiative
What happened
Bruce Markets announced plans to extend U.S. equity trading through the weekend, aiming for continuous 24/7 market access pending regulatory review. The initiative is supported by strategic investments from Robinhood Markets and PEAK6 Investments. Nasdaq is providing the trading technology, while Apex Clearing Corporation handles clearing, carrying, and custody services.
From tradersmagazine.com
Why it matters
The move toward seven-day markets could change price discovery and how investors respond to major news events. Bruce Markets expects liquidity to grow organically as institutional market makers launch and access opens to all brokers, not just Robinhood.
From tradersmagazine.com
Who's involved
- RobinhoodProvided strategic investment backing for the 24/7 market access initiative.
- NasdaqIs providing the trading technology infrastructure for the new market access.
- Apex Clearing CorporationIs handling the clearing, carrying, and custody services for the initiative.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
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The entities involved
Related events
- Robinhood and Charles Schwab are listed on Nasdaq, amidst ongoing SEC rule changes affecting North American trading.
- Market observations detail how Robinhood and Coinbase are integrated into the crypto ecosystem as crypto-adjacent stocks to Bitcoin, while Ripple offers advanced payment solutions.
- Binance is offering tokenized assets on the Ethereum network, while Robinhood is simultaneously enabling tokenized stock trading.
- Coinbase and Robinhood are financial services platforms, with Coinbase being listed on Nasdaq.
- Chainlink, Nasdaq, Depository Trust & Clearing Corporation, and New York Stock Exchange are partnering on a tokenization platform for clearing services related to real-world assets and equities.