NYSE Eyes 24/7 Tokenized Stock Trading With Weekend Access and Same-Day Settlement (nerds.xyz)
- Reference: 0180614790
- News link: https://news.slashdot.org/story/26/01/19/1543202/nyse-eyes-247-tokenized-stock-trading-with-weekend-access-and-same-day-settlement
- Source link: https://nerds.xyz/2026/01/nyse-tokenized-securities-platform/
> The New York Stock Exchange, owned by Intercontinental Exchange, is developing a platform for [2]trading tokenized versions of U.S. listed stocks and ETFs around the clock , pending regulatory approval. The system would combine the NYSE's existing matching engine with blockchain-based settlement, enabling 24x7 trading, instant settlement, and fractional share purchases priced in dollar amounts. Shares would remain fully regulated securities, with dividends and voting rights intact, rather than cryptocurrencies, even though the backend would run on blockchain-style infrastructure.
[1] https://slashdot.org/~BrianFagioli
[2] https://nerds.xyz/2026/01/nyse-tokenized-securities-platform/
Calculation Power? (Score:3)
So maybe i'm missing something, but it's my understanding with most blockchain based applications the big thing is calculating "proof-of-ownership". However as the size of the chain increases, the calcuation power and time required to do it also increases (I don't remember if it's linearly, logrithmically, etc.). For a low volume application, this is feasible. But how would this work with things like HFT and massive volume changes in terms of time and compute power required.
What value does this offer (Score:2)
Beyond a traditional database? Merkle-trees donâ(TM)t need distribution, 51% attacks become infinitely worthwhile when the target is ⦠EVERYTHING.
Re: (Score:2, Informative)
It is buzzword-compliant and management-stupidity-compliant. No tech benefits.
Also may appeal to the orange ape.
Please no... (Score:2)
As a professional in trading, this just sounds exhausting. But, I suppose they're just clawing back some of the dark pool flow, which would be a net positive.
Re: (Score:2)
Great... so now instead of having to worry about my crypto portfolio crashing over weekend, I can worry about my entire retirement portfolio crashing over the weekend! Yay progress!
It's a terrible idea (Score:2)
So this lets big stockholders with lots of resources screw over small and middle sized stockholders. If you happen to hold stock this is bad for you.
Absolute minfield (Score:2)
It’s an idea worth experimenting with, but seems like a minefield. The older I get, the more I realize that “instant” does not always equal “better”.
I can’t even predict whether this would make things better or worse. What will this do to the high-frequency traders and the other predatory players? If it makes the market more efficient for normal participants, I guess that I’m for it.
The key is the words “regulated securities, with dividends and voting
I'm with Buffet on this one (Score:3)
We have far too large and apparently-profitable marketplace living off the (non-productive) whiplash trading of financial instruments.
I'm generally a free-marketeer but we need to SLOW DOWN the system, not speed it up.
IIRC he advocated some sort of 100% penalty tax on any stock sold within a year of purchase.
COMPELLING the pump'n'dumpers to contemplate their trades against LONG TERM futures would greatly inhibit this lucrative, actually-valueless shadow economy.
All For It (Score:2)
I cannot comprehend why, in 2026 or even 2019, it takes two days to settle a trade. It's all electronic and it should be instant.
Also, 24/7 is good. So long as they don't pull some nonsense like the margin sellers do with overnight holding.
Re: (Score:2)
I sense, that no matter what, it will be rigged so that the "big boys" will always be able to skim things off of the top.
Re: (Score:3)
> I cannot comprehend why, in 2026 or even 2019, it takes two days to settle a trade.
That is because you are clueless. The effects of errors would be catastrophic (and not in the sense of some small, localized catastrophe that only kills a few 1000 people), and hence there are checks upon checks and reaction time in case things fail.
Re: (Score:2)
I love how banks still use weekends and federal holidays as a excuse to delay deposits as well. There is no physical money moving here anymore, it's all been data in a computer for the past 30+ years. Anything to avoid paying interest for as long as possible, I guess.