The New York Stock Exchange plans to extend the trading hours of its NYSE Arca stock exchange to 22 hours each trading day. The exchange stated that the new extended trading hours will be from 1:30 AM to 11:30 PM Eastern Time, Monday through Friday. NYSE market chief Kevin Tyrrell noted that this move highlights the strength of the U.S. capital markets and the growing global demand for U.S.-listed securities. The NYSE will also submit an updated framework to the U.S. Securities and Exchange Commission.