In response to a recent announcement from The Securities Information Processors (SIP) Operating Committees indicating that they will submit an amendment to the U.S. Securities and Exchange Commission (SEC) to extend their operating hours to 8:00 pm ET Sundays to 8:00 pm ET Fridays, excluding holidays, with one technical pause taking place during each 24-hour period, DTTC‘s Val Wotton, Managing Director and General Manager, NSCC, DTC & DTCC Institutional Trade Processing, said, “We commend the SIP on their efforts to align around standard trading day hours. We will continue to work with SIFMA, regulators and the industry to support the alignment of extended trading hours and any required changes to post-trade processes. Extending clearing hours will deliver increased client value by maximizing liquidity and reducing counterparty risk as our equities clearing corporation, NSCC, will be able to apply its central counterparty guarantee to overnight activity across different time zones for global participants, further strengthening the safety and soundness of the markets.”
On 18 March 2025, DTCC announced that its National Securities Clearing Corporation (NSCC) subsidiary will increase clearing hours to support extended trading with implementation targeted for Q2 2026, subject to regulatory review and approval of any necessary rule changes. Extending clearing hours will deliver increased client value by maximizing liquidity and reducing counterparty risk as NSCC will be able to apply its central counterparty guarantee to overnight activity across different time zones for global participants.
