Later this month, the Securities and Exchange Commission will hold a Roundtable on 24-hour trading. The gathering is timely as round the clock trading is already taking place in the crypto-sphere and some platforms are enabling 24 hour trading with tokenized shares.
The three panel event will focus on:
- Preparedness for a 24-Hour Market
- Resiliency in a 24-Hour Market
- Expected Impacts and Consideration of Next Steps
Both TradFi and new, modern platforms are participating in the event alongside regulators, with more emphasis on establishment players.
A quick review of platforms already operating beyond establisment exchange hours include:
- Ondo Finance as of June 2026 including SPYon, QQQon, NVDAon, TSLAon, GOOGLon, and CRCLon, across Ethereum, BNB Chain, and Solana.
- Kraken Pro (xStocks, issued by Backed Finance/Payward) including (TSLAx, QQQx, SPYx, NVDAx, CRCLx, AAPLx, HOODx, MSTRx, GLDx, GOOGLx)
- Binance (bStocks): Tokenized versions trade 24/7 on Binance Spot. Binance also offers access to 7,000+ actual U.S. stocks/ETFs with extended trading.
- Bybit (using xStocks)
- Bitget (rTokens): Over 500 tokenized stocks and ETFs with 61 securities supported 24/7.
- Gate.io (gStocks)
- Crypto.com
- Gemini (Dinari dShares)
- Securitize markets 24/7/365 access to tokenized assets. The company recently announced a partnership with ICE/NYSE for the exchange’s forthcoming tokenized venue.
Some offerings are not available to US investors.
It may have been helpful if the SEC invited representatives from platforms like Kraken, Securitize and others to share their perspective on what the SEC aims to pursue.
The agenda is available below. The event will be live-streamed on the SEC website commencing at 10AM on September 17, 2026.
Agenda
| TIME | EVENT |
|---|---|
| 9 a.m. | Doors Open |
| 10 a.m. | Opening Remarks
SEC Chairman and Commissioners and Jamie Selway, Director, SEC’s Division of Trading and Markets |
| 10:30 a.m. | Data Presentation – SEC’s Division of Trading and Markets – Office of Analytics and Research
Presenter: Dan Mathisson |
| 11:00 a.m. | Panel One – Preparedness for a 24-Hour Market
Panel One will examine preparations for the launch of 24 hour trading, focusing on exchange and broker dealer readiness, overnight surveillance, closing price processes, clearance and settlement changes, and investor protection practices. The panel will also highlight what has been completed, what remains, and expected liquidity conditions as markets move toward near continuous trading. Moderators: Jon Kroeper, SEC Division of Trading and Markets Panelists: Matt Billings, Robinhood |
| 12:15 p.m. | Lunch Break |
| 1:15 p.m. | Panel Two – Resiliency in a 24-Hour Market
Panel Two will explore operational resiliency in a 24‑hour market, including systems readiness, Regulation SCI considerations, failover and capacity planning, market‑data continuity, shortened maintenance windows, cybersecurity, and staffing models for overnight operations. The panel will focus on how firms are preparing to maintain orderly markets during continuous trading. Moderators: Patrick Norton, SEC Division of Trading and Markets Panelists: Diwa Cody, Jane Street |
| 2:30 p.m. | Break |
| 2:45 p.m. | Panel Three – Expected Impacts and Consideration of Next Steps
Panel Three will discuss expected impacts on liquidity and capital formation as trading expands, including how market participation may evolve, potential effects on issuers, and considerations for “Day 2” regulatory and market‑structure initiatives. The panel will also look ahead to future expansions toward 24×7 trading and the infrastructure changes required to support them. Moderators: Peggy Sullivan, SEC Division of Trading and Markets Panelists: Cromwell Coulson, OTC Markets Group |
| 4:00 p.m. | End of Program |