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NYSE pushes tokenised securities trading platform for 24-hour stock trading

The New York Stock Exchange is seeking to launch a new trading platform that would enable 24-hour, year-round stock trading using blockchain technology. Intercontinental Exchange said NYSE has completed development of a platform for trading and settling tokenised securities and is seeking regulatory approval. Investors would be able to trade tokenised securities that can be exchanged for traditional stocks or ETFs, place orders by amount and receive real-time settlement.