FIX launches industry working group to explore integration of 24-hour trading into established institutional workflows

Initiative comes as several trading venues prepare to potentially extend trading hours; consultation group will focus on the evolving role of broker-dealers and the implications of expanded access for global investors.

The FIX Trading Community has launched a new industry working group to examine the opportunities and challenges surrounding 24-hour trading in US equities, as industry momentum builds toward round-the-clock market access. 

The initiative comes as several alternative trading systems (ATS) have begun to offer overnight access to US markets, and other major market infrastructure providers continue plans to extend their operating hours.

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