A new stock exchange called 24X National Exchange is set to launch in the second half of 2025, pending final regulatory approvals. Based in Stamford, Connecticut, the exchange will offer nearly round-the-clock trading on business days, with trading hours from 4:00 a.m. ET to 7:00 p.m. ET on weekdays, potentially expanding to 8:00 p.m. ET on Sunday through 7:00 p.m. ET on Friday, with a daily one-hour pause.
The move towards extended trading hours mirrors a broader trend in the industry, with some brokerage firms already offering extended trading on certain securities. The rise of cryptocurrencies, which trade continuously across the world, has also influenced this shift towards longer trading hours. 24 Exchange CEO and Founder Dmitri Galinov highlighted the risks faced by traders when markets are closed in their geographic location, stating that the new exchange aims to address this issue by enabling around-the-clock trading in U.S. equities for broker-dealers and their clients.
Initially, the focus of 24X National Exchange will be on meeting the growing demand in the Asia Pacific region for overnight liquidity in U.S. equities. As the exchange awaits final approvals from the U.S. Securities and Exchange Commission, it aims to provide a platform for traders to access the market at any time, enhancing flexibility and access to trading opportunities.
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