Lightspeed Financial Services Group LLC has introduced
24-hour trading for U.S. stocks and exchange-traded funds (ETFs) on its
Lightspeed Trader platform. The company said the new service allows clients to
trade continuously from Sunday at 8:00 PM ET to Friday at 8:00 PM ET, excluding
U.S. market holidays and partial trading days.
The move comes as more industry leaders signal long-term
shifts toward around-the-clock trading. Interactive Brokers Chairman Thomas
Peterffy, speaking at a Piper Sandler conference, said 24-hour trading is
gaining broader support, particularly in Asia and the Middle East, Reuters
reported.
He noted that overnight trading made up 2.2% of Interactive
Brokers’ volume in May and suggested this could grow to 30% over the next two
decades. Peterffy described the shift as irreversible, pointing to global
demand and the changing habits of retail and institutional traders.
Lightspeed Expands to 24-Hour Trading
The update marks a change in Lightspeed’s service model,
expanding beyond regular and extended hours into full weekday, round-the-clock
trading. The company said the decision responds to increased demand from active
traders who want the ability to act on global news and market developments
outside of standard hours.
“We’ve seen strong interest in pre- and post-market
sessions. Now, with full 24-hour trading of U.S. securities, our clients can
act immediately on news and developments—wherever they are and whenever they
choose to trade. This is one of several major upgrades to our Lightspeed Trader
platform we’ll be rolling out in the months ahead,” Tom Gibb, President and COO
of Lightspeed, commented.
You may find it interesting at FinanceMagnates.com: “Pay
with Wise” Now Available on Interactive Brokers Platform.
Industry Divided Over 24-Hour Trading
The firm described the rollout as part of broader
improvements to its platform. More features are expected in the coming months,
aimed at active and professional traders seeking better tools and access.
While some brokers are embracing 24-hour trading, others
remain cautious. Citadel Securities previously highlighted regulatory and
infrastructure challenges related to continuous trading in a filing with the
U.S. Securities and Exchange Commission (SEC) .
Lightspeed Financial Services Group LLC has introduced
24-hour trading for U.S. stocks and exchange-traded funds (ETFs) on its
Lightspeed Trader platform. The company said the new service allows clients to
trade continuously from Sunday at 8:00 PM ET to Friday at 8:00 PM ET, excluding
U.S. market holidays and partial trading days.
The move comes as more industry leaders signal long-term
shifts toward around-the-clock trading. Interactive Brokers Chairman Thomas
Peterffy, speaking at a Piper Sandler conference, said 24-hour trading is
gaining broader support, particularly in Asia and the Middle East, Reuters
reported.
He noted that overnight trading made up 2.2% of Interactive
Brokers’ volume in May and suggested this could grow to 30% over the next two
decades. Peterffy described the shift as irreversible, pointing to global
demand and the changing habits of retail and institutional traders.
Lightspeed Expands to 24-Hour Trading
The update marks a change in Lightspeed’s service model,
expanding beyond regular and extended hours into full weekday, round-the-clock
trading. The company said the decision responds to increased demand from active
traders who want the ability to act on global news and market developments
outside of standard hours.
“We’ve seen strong interest in pre- and post-market
sessions. Now, with full 24-hour trading of U.S. securities, our clients can
act immediately on news and developments—wherever they are and whenever they
choose to trade. This is one of several major upgrades to our Lightspeed Trader
platform we’ll be rolling out in the months ahead,” Tom Gibb, President and COO
of Lightspeed, commented.
You may find it interesting at FinanceMagnates.com: “Pay
with Wise” Now Available on Interactive Brokers Platform.
Industry Divided Over 24-Hour Trading
The firm described the rollout as part of broader
improvements to its platform. More features are expected in the coming months,
aimed at active and professional traders seeking better tools and access.
While some brokers are embracing 24-hour trading, others
remain cautious. Citadel Securities previously highlighted regulatory and
infrastructure challenges related to continuous trading in a filing with the
U.S. Securities and Exchange Commission (SEC) .
This post is originally published on FINANCEMAGNATES.
