Nasdaq Seeks Approval to Extend Weekday Trading to 23 Hours Daily

The assessment is primarily based on a high-authority, high-relevance article from Nasdaq's own website. This source explicitly confirms the core of the statement, stating that "Nasdaq has put forward a proposal" which would "allow extended trading hours." This provides direct evidence from the entity in question that it is actively seeking to change its trading schedule. While this key source does not specify the exact duration of "23 hours per day," it validates the most critical part of the claim: that a formal proposal for extending hours exists and is being pursued. Other sources, such as those from Traders Magazine, provide corroborating context by indicating a general industry demand for an "overnight trading session," which makes Nasdaq's proposal a logical business move. The remaining sources are largely irrelevant, as they discuss the existing overnight trading capabilities of individual brokerages, not a proposal by the Nasdaq exchange itself. Therefore, given the strong, direct evidence from the primary source, the statement is assessed as likely true, with high confidence. The small degree of uncertainty (reflected in the 0.85 probability) is due to the lack of specific confirmation for the "23 hours" detail within the provided texts.