Pull to refresh
Logo
NYSE American options begin extended trading hours

NYSE American options begin extended trading hours

Rule Changes

New early and late sessions extend trading for 29 option classes, ahead of 23-hour equity trading in December

Overview

Updated Oct 20

Options on 29 major stocks and ETFs now trade on NYSE American from 7:30 to 9:25 AM Eastern and again from 4:00 to 4:15 PM. The exchange opened the early and late sessions on October 19, leaving the core 9:30-to-4:00 session unchanged.

The move follows Cboe Global Markets' own expansion. Cboe says extended-hours options trading now averages more than 199,000 contracts a day. NYSE plans 23-hour equity trading in the same names starting December 6.

Why it matters

Options on the most-traded ETFs and tech stocks can now move from 7:30 AM, part of a push toward nearly round-the-clock US markets.

Questions about this story

Free account needed to ask — your question is kept and asked for you right after sign-up. Answers are public.

No questions yet — be the first to ask.

Key Indicators

29
Eligible option classes
Initial group includes SPY, IWM, GLD, QQQ, XLF and large-cap tech names like NVDA, MSFT and AAPL.
199,000
Average daily extended-hours contracts (Cboe)
Record extended-hours options volume per day, cited by Cboe as evidence of demand.
23
Planned daily equity trading hours from Dec 6
NYSE says it will extend equity trading to 23 hours, five days a week, starting December 6, 2026.
2
New trading sessions added
An early session (7:30-9:25 AM) and a late session (4:00-4:15 PM) bracket the unchanged core session.

Voices

Curated perspectives — historical figures and your fellow readers.

Sign up to generate historical perspectives on this story.

People Involved

Organizations Involved

Timeline

June 2026 December 2026

8 events Latest: October 19th, 2026 · 3 weeks ago
Tap a bar to jump to that date
  1. NYSE plans 23-hour equity trading launch

    Upcoming Announcement

    NYSE says it will extend equity trading to 23 hours, five days a week, in the same names eligible for options extended hours.

  2. Extended trading hours go live on NYSE American

    Latest Launch

    NYSE American begins early (7:30-9:25 AM) and late (4:00-4:15 PM) trading sessions for 29 eligible option classes.

  3. Second weekend testing opportunity

    Technical

    NYSE American holds its final weekend testing session before the production launch.

  4. Test symbols go live in production

    Technical

    NYSE American makes test symbols available in the production environment for the early, core and late sessions.

  5. First weekend testing opportunity

    Technical

    NYSE American holds its first weekend testing session for the extended trading hours infrastructure.

  6. Certification testing opens

    Technical

    NYSE American makes certification testing available for market participants preparing for the new sessions.

  7. SEC approves extended trading hours rule

    Regulatory

    SEC approves Rule 901.1NY and Rule 901.2NY, establishing early and late trading sessions for eligible equity options.

  8. NYSE American files extended trading hours proposal

    Regulatory

    Federal Register publishes NYSE American's notice of proposed change to add early and late trading sessions for eligible options.

Scenarios

1

Extended-hours options volume takes off

Likely Resolves by Q1 2027

Discussed by: CBOE data showing record extended-hours volume; NYSE's Kevin Tyrrell citing market demand

If the 199,000-contract daily average in extended hours keeps growing, NYSE American and CBOE will likely expand the eligible list and push hours further. The December 6 launch of 23-hour equity trading would feed demand for options that can hedge those positions.

2

Extended hours stay thin

Possible Resolves by Q1 2027

Discussed by: UPI's report of less than $100,000 in day-one volume

Day one saw minimal activity. If volume stays thin, the offering may not expand beyond the initial 29 names, and NYSE may delay or scale back its 23-hour equity trading plan.

3

NYSE launches 23-hour equity trading

Likely Resolves by Dec 6, 2026

Discussed by: NYSE announcement by Kevin Tyrrell

NYSE has said it will extend equity trading to 23 hours, five days a week, starting December 6, 2026. If it launches on schedule, it would be the first major US exchange to offer near-continuous equity trading.

Historical Context

3 moments from history that rhyme with this story — and how they unfolded.

2026

CBOE extends options trading hours (2026)

CBOE Global Markets announced extended trading for 25 single stocks and five ETFs, becoming the first major US options exchange to offer pre-market and post-close options trading.

Then

CBOE's extended-hours volume hit record levels, averaging more than 199,000 contracts per day.

Now

The move pressured NYSE American to follow with its own extended trading hours.

Why this matters now

CBOE's launch set the competitive benchmark that NYSE American is now matching.

Ongoing since 2009

Crypto's 24/7 trading

Bitcoin and other cryptocurrencies trade around the clock, seven days a week, on global exchanges. This was the first major asset class to offer continuous trading.

Then

Crypto demonstrated that traders want round-the-clock access to markets.

Now

Prediction markets and perpetual futures adopted 24/7 schedules, and traditional exchanges began exploring extended hours.

Why this matters now

The demand for continuous trading that crypto established is now pushing traditional options and equity markets to extend their hours.

Late 1990s

After-hours equity trading via ECNs (late 1990s)

Electronic Communication Networks (ECNs) like Instinet and Island enabled after-hours equity trading, allowing investors to trade outside the traditional 9:30-4:00 session.

Then

After-hours volume grew steadily as ECNs gained market share from traditional exchanges.

Now

Traditional exchanges eventually extended their own hours and adopted electronic trading to compete.

Why this matters now

The ECN expansion shows the pattern of new venues forcing incumbent exchanges to extend trading hours, a pattern repeating with options today.

Sources

(8)