[ SPONSORED CONTENT | THE 2025 INNOVATION OUTLOOK ]
The 2025 outlook:
What’ s on the innovation horizon
The trading world faces a year of significant transformation driven by extended trading hours, AI adoption, and T + 1 settlement. During a recent TRADE webinar, industry leaders discussed key innovations, liquidity concerns, and evolving market structures shaping the future of trading.
As financial markets continue to evolve, 2025 is shaping up to be a year of significant transformation. From extended trading hours to the accelerating impact of artificial intelligence, industry leaders are preparing for a wave of innovation. During The TRADE’ s 2025‘ what’ s on the innovation horizon’ webinar, market participants discussed what lies ahead, highlighting key trends, challenges, and opportunities.
24-hour equities trading: Opportunity or risk? One of the most debated topics was the expansion of trading hours. With the US Securities and Exchange Commission( SEC) approving 24X, allowing overnight trading, the industry is bracing for potential shifts in market structure. Since January’ s webinar took place, a plethora of similar announcements have come to market from the likes of Cboe, Nasdaq, and Clear Street all looking to support the expansion of equities trading hours to a 24 hour model up to six days a week.
“ I think there will be an impact,” said Alex Boronkay, dealer at Evenlode Investment Management.“ With overnight trading in the US, institutional and retail traders worldwide will be able to trade when the US is asleep. But with lower liquidity and increased volatility, the uptake remains uncertain.”
32 // TheTRADE // Q1 2025