Bruce Markets Plans Weekend Trading to Bring US Equities Closer to 24/7 Access

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The 24/7 trading trend is spreading to the US equities market, with SEC-registered broker-dealer Bruce Markets announcing plans to extend trading through the weekend. The launch is scheduled for the coming months and remains subject to regulatory review.London's trading industry is coming home!24/7 Trading Spreads to Equity Markets Currently, Bruce Markets enables overnight trading from 8:00 p.m. to 4:00 a.m. ET, providing after-hours liquidity for brokers and investors. The announced extension would enable 24/7 market access, allowing global investors to trade US equities continuously. According to the company, this would create the first round-the-clock US equity trading ecosystem for global investors. “Market-moving news does not wait for Monday’s open, and soon, neither will investors. Together with our partners, we are breaking down the limitations of traditional market structure and redefining how the world trades,” Jason Wallach, CEO of Bruce Markets, said. The expansion is backed by new strategic investments led by PEAK6 Investments, Bruce Markets’ majority shareholder, and Robinhood Markets. Apex Fintech Solutions, Fidelity Investments, Nasdaq Ventures, NH Investment & Securities, tastytrade and Webull remain investors in the company.Nasdaq Technology Coupled with Apex Clearing Trading would take place through Bruce ATS, the alternative trading system operated by Bruce Markets. The company plans to expand its use of Nasdaq’s trading technology to support the additional weekend session. Nasdaq will provide the underlying market technology, while Bruce Markets will remain responsible for running the ATS and its trading rules. Apex Clearing Corporation will provide clearing, carrying and custody services. The company will process completed transactions, maintain the related brokerage records and hold the securities and cash associated with participating accounts. The structure extends Bruce Markets’ existing overnight model rather than moving weekend orders onto Nasdaq’s stock exchange. Equity Trading Moves Beyond 23/5 ModelRound-the-clock access is already standard in cryptocurrency markets, while some prediction-market platforms also operate throughout weekends and holidays. Traditional futures and foreign exchange markets offer long trading windows but generally close on weekends. US equity trading has moved more gradually. Brokers have introduced overnight weekday sessions, and major exchanges are working towards schedules approaching 23 hours a day, five days a week. These models still stop for the weekend. Bruce Markets is seeking to remove that remaining break through a regulated US equity venue. However, the announcement does not disclose the precise weekend schedule, the securities that will be available or an exact launch date.This article was written by Tanya Chepkova at www.financemagnates.com.