As National Securities Clearing Corporation’s (NSCC) planned 24×5 trading hours go-live approaches, Val Wotton (pictured), Managing Director and Global Head of Equities Solutions at DTCC, commented, “With one month to go before NSCC’s planned 24×5 trading hours go-live on June 28, the industry is entering the final stage of readiness for a significant expansion in access to U.S. equities markets. As global retail investor demand grows for the ability to trade across time zones, this milestone marks an important step toward a more accessible, globally connected equities marketplace.
“DTCC has been working closely with members and infrastructure partners to support final preparations, helping to ensure clearing, risk management and liquidity processes remain resilient as trading activity extends across a longer trading day. We remain focused on supporting a smooth transition and enabling market participants to operate confidently in an environment that expands access and participation in U.S. markets.”