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Some also argue the extended trading hours put smaller trading firms at a disadvantage, given the costs of adding staff.
Although the market extended trading hours, many brokers refused to take orders because share prices were so volatile.
It leads to sharp corrections, extended trading zones and sell recommendations.
Shares of Pfizer were down 19 cents, or 1.0%, to $19.82, after sliding in Wednesday's extended trading.
The news sent the chip maker's shares up in extended trading Tuesday despite warnings of uncertain near-term demand.
On July 3, the exchange extended trading for 15 minutes beyond its standard 4 p.m. close in New York, after a connectivity issue impacted the execution of orders originating from brokers on the trading floor.
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Shortly before President John F Kennedy extended trade restrictions with Cuba into a near watertight embargo in February 1962, he asked his press secretary Pierre Salinger to nip out and buy for him 1,200 of his favourite brand of Petit H Upmann Cuban cigars.
Buffalo Wild Wings closed the day at $40.85, down 2%, or 90 cents, but has since surged 7.7%, or $3.25, to $44.00 in extended trades.
Competition might be a better bet than monopoly though efforts to extend trading in NYSE shares after normal trading hours have produced poor prices, as Mr Grasso points out.
But with supermarkets whingeing that profits could plummet because of business rates and the impact of the living wage, perhaps extending trading hours on Sunday will provide enough revenue to ensure that workers are treated fairly.
The new combine is likely to have a dual listing.See article: A European banking mergerThe New York Stock Exchange said that it is likely to accelerate plans to extend trading hours.
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