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      U.S. SEC Chairman Announces Plans for 24-Hour Stock Trading and Tokenization Benefits

      Paul S. Atkins, the Chairman of the U.S. Securities and Exchange Commission (SEC), announced plans to advance 24-hour trading in the U.S. stock market during a recent roundtable meeting. This initiative aims to allow investors to react more swiftly to market developments, enhance global participation, and improve overall market liquidity.

      Atkins highlighted the launch of the Depository Trust & Clearing Corporation's (DTCC) '23×5' trading capture system, which is designed to support clearing and settlement processes. Additionally, the industry has established overnight price ranges and risk control measures for trading venues, while the Securities Information Processor (SIP) is set to provide overnight price information.

      The SEC Chairman also emphasized the potential of tokenization in the securities industry. He noted that tokenization could facilitate real-time inventory management, boost operational efficiency, minimize settlement failures, and reduce the risks associated with naked short selling. These advancements are expected to significantly transform trading practices in the U.S. financial markets.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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