24-Hour Trading on US Exchanges: What the SEC Roundtable Means for Tokenized Stocks

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On September 17, 2026, the US Securities and Exchange Commission meets in Washington to discuss something the crypto market has been able to do since its very first day: trading that never stops. The roundtable is filed under number 4-913 and carries the title “Preparations for 24-Hour Trading”. That sounds like American market plumbing, and like nothing that touches an investor in Germany. In fact, it decides how long tokenized stocks on crypto exchanges keep their only tangible edge. That edge is a clock. Anyone looking to build an Nvidia position on a Sunday afternoon finds no counterparty on the Nasdaq, but does find a tokenized image of the share on Kraken or Binance. US exchanges are now closing exactly this gap, in several steps. The points the SEC calls up on September 17 are the same three on which tokenized stocks draw the harshest criticism today: operations, resilience and settlement in continuous mode. What the SEC will discuss on September 17, 2026 under file number 4-913 The agency announced the date on July 23, 2026, published as Release 2026-69. Three blocks of topics are on the agenda: the preparations needed to carry overnight trading at all; operations and resil...

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