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LEIFRAS ADSs Set to Benefit from Nasdaq 23-Hour Extended Trading Schedule

By Lauren Towner · 2 September 2026

Press Release: LEIFRAS ADSs Set to Benefit from Nasdaq 23-Hour Extended Trading Schedule | Featured Image by FF News

Quick Summary

Nasdaq 23-hour trading allows international retail and institutional investors to trade U.S.-listed equities almost around the clock. By expanding market access, foreign investors in time zones such as Japan can execute real-time transactions during local business hours through domestic brokerages seamlessly.

How Does Nasdaq 23-Hour Trading Benefit Asian Investors?

Nasdaq extended-hours trading bridges the gap between Asian daytime trading hours and U.S. financial markets. Under the expanded structure approved by the U.S. Securities and Exchange Commission (SEC), execution windows widen to 23 hours per weekday, starting December 6, 2026.

  • Real-time trading execution during daytime hours in Japan and broader Asia.
  • Seamless market access via participating domestic online brokerages.
  • Increased market liquidity for foreign-listed American Depositary Shares (ADSs).

This structural change enables cross-border market participants to react instantly to corporate news, earnings reports, and global macroeconomic events without waiting for conventional Wall Street opening bells.

Which Japanese Brokerages Support Nasdaq Extended Hours?

Japanese retail brokerages are actively rolling out extended-hours capabilities for U.S. equities to match exchange-level extensions.

  • Rakuten Securities: Offers pre-market and after-hours trading allowing up to 16 hours of access daily, moving to full 23-hour support at launch.
  • SBI Securities: Launching pre-market and after-hours trading in 2026 to enable 23-hour U.S. equity trading.

By upgrading brokerage infrastructure, Asian retail investors gain direct exposure to U.S.-listed assets such as LEIFRAS Co., Ltd. (Nasdaq: LFS) during local working hours.

FF NEWS TAKE:

The structural move toward 23/5 trading by major U.S. exchanges represents a critical evolution for global capital markets infrastructure. Round-the-clock liquidity permanently removes geographical time-zone frictions for overseas investors holding U.S. securities. Expect market infrastructure providers and international retail brokerages to face rising operational and risk-management demands as continuous global stock trading becomes the default industry standard.

Companies in this story: Securities, Rakuten Securities, LEIFRAS Co., Ltd., STAKE Investor Relations LLC, SEC, Nasdaq 

People in this story: Tina Xiao

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