financetom
Business
financetom
/
Business
/
DTCC plans to offer 24-hour equities clearing in Q2 2026
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
DTCC plans to offer 24-hour equities clearing in Q2 2026
Mar 18, 2025 5:42 AM

NEW YORK (Reuters) - Market infrastructure company Depository Trust and Clearing Corporation (DTCC) said on Tuesday it plans to increase its clearing services operating hours to support extended U.S. equities trading in the second quarter of 2026, according to a statement.

When clearing a trade, the DTCC processes it and takes care of risks to avoid disruptions.

The clearing house's move comes as U.S. exchanges are planning to offer 24-hour trading. Nasdaq President Tal Cohen wrote in a social media post earlier this month that it has started discussions with regulators to launch 24-hour, five-day-a-week trading in the second half of 2026, as international demand for U.S. stocks has surged in recent years.

Rival exchanges Cboe Global Markets and Intercontinental Exchange, the operator of the New York Stock Exchange, are also planning round-the-clock trading services.

Still pending regulatory review and approval, DTCC's new clearing offer through its National Securities Clearing Corporation is aimed at providing the infrastructure exchanges need to trade in extended hours.

NSCC intends to operate from Sunday 8 p.m. ET (0000 GMT Monday) through Friday 8 p.m. ET (0000 GMT Saturday), it said. Last year, the clearing house started allowing trading platforms to submit trades at 1:30 a.m. ET (0530 GMT), roughly 2.5 hours earlier.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Sep 18, 2025
Sept 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday: ** Roche has agreed to buy U.S. biotech firm 89bio for up to $3.5 billion, joining a race to offer new liver disease treatments that complement an intense push in the area of weight-loss drugs. ** Private equity firms Blackstone and TPG...
Mars to Invest $1.2 Billion in EU by End of 2026
Mars to Invest $1.2 Billion in EU by End of 2026
Sep 18, 2025
05:57 AM EDT, 09/18/2025 (MT Newswires) -- Mars, which last year announced a deal to acquire Kellanova ( K ) , said Thursday it intends to invest 1 billion euros ($1.18 billion) in its European Union operations by the end of next year. The new investment builds on more than 1.5 billion euors the company has invested in EU manufacturing...
The K Team, LLC Acquires J&E Business Group — Continuing a Tradition of Service to Local Business Owners
The K Team, LLC Acquires J&E Business Group — Continuing a Tradition of Service to Local Business Owners
Sep 18, 2025
LANCASTER, Pa.--(BUSINESS WIRE)-- Kristi (Yodis) May, owner of The K Team, LLC and a business consultant with a passion for helping entrepreneurs streamline and grow their businesses, announced today that her firm has acquired J&E Business Group, a well-established business brokerage co-founded by industry veterans Harry Jefferies and Larry Etherton. J&E Business Group has long guided business owners through confidential...
Global Net Lease, Inc. Announces Preferred Stock Dividends
Global Net Lease, Inc. Announces Preferred Stock Dividends
Sep 18, 2025
NEW YORK, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. ( GNL ) announced today that it declared quarterly dividends on its outstanding preferred stock. Specifically, GNL declared (i) a dividend of $0.453125 per share on its 7.25% Series A Cumulative Redeemable Preferred Stock (“Series A Preferred Stock”), payable on October 15, 2025, to holders of record of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved