A surge of enthusiasm from Asia is creating a 24-hour retail market for US-listed companies, underscoring New York’s position as the world’s home for share trading.
US brokers and trading platforms say activity in the so-called overnight period between 8pm and 4am eastern time has risen sharply this year, driven by demand from smaller investors in Asia and Europe.
The shift comes after the benchmark S&P 500 rose by almost a quarter this year, and closes in on its all-time high, and the US continues to pull in initial public offerings from companies around the world.
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