Binance Maintains Edge as Nasdaq and NYSE Shift to 23×5 Schedule

Binance is maintaining its edge over traditional markets by offering uninterrupted access to products linked to various traditional assets, even as Nasdaq and NYSE move towards a 23×5 schedule.

The platform's data shows that it holds nearly half of the weekly perpetuals volume tied to traditional assets, which grew from $4.5 billion to $28 billion in July.

According to Binance Research, 80.7% of the weekly calendar falls outside regular U.S. equity trading hours, yet that period accounts for just 10.8% of volume in July. This is because institutional players concentrate their activity where liquidity and regulatory protections are strongest.

Binance's Head of Exchange & Trading, Shunyet Jan, argues that extending hours is not enough to create a truly continuous market. He states, 'The demand has existed for a long time, but for major exchanges to adapt they need to make deep changes,' which involve clearinghouses, banks and market makers.