Yesterday, the SEC posted notice that it has extended its deadline to act on Nasdaq’s proposal to expand trading hours for listed equities and exchange-traded products to 23 hours a day, five days a week. The SEC says it will act on the proposal by April 13th – an extension from the original date of February 27th.

Nasdaq first revealed its efforts towards extended trading last spring – and submitted the proposal to the SEC in December. John blogged about pushback at that time.

In the meantime, the SEC has approved extended trading on NYSE Arca – to 22 hours per day, 5 days a week. The SEC also approved the “24X exchange” in 2024 – which offers trading 23 hours a day, five days a week.

Here are the comments that have been submitted so far (only 7 as of the time of this blog). You can submit comments on this form.

– Liz Dunshee