Before the year’s out Nasdaq plans to start trading 23 hours a day, five days a week, as does the New York Stock Exchange’s Arca venue, while in London, the main bourse has kick-started work on a similar project.These are meaningful developments for retail and institutional investors alike, as many global exchanges evolve in an attempt to capture increased flows and tap into demand for round-the-clock trading. And while these strategic moves are being led by highly liquid markets overseas, they will also have knock-on effects for exchanges in the Asia Pacific, including the ASX.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles