A new stock exchange called 24X National Exchange is set to launch in the second half of 2025, pending final regulatory approvals. The exchange, based in Stamford, Connecticut, plans to offer nearly round-the-clock trading on business days from 4:00 a.m. ET to 7:00 p.m. ET, with the potential to extend trading hours to 8:00 p.m. ET on Sunday through 7:00 p.m. ET on Friday. The exchange will have a one-hour pause each day.
The launch of 24X is part of a larger trend towards longer trading hours, with some brokerage firms already offering extended trading on certain securities to their clients. The rise of cryptocurrencies, which trade constantly without closing for weekends or holidays, has also influenced this trend. 24X aims to provide around-the-clock U.S. equities trading to broker-dealers and their institutional and retail customers, reducing the risk for traders when markets are closed in their geographic location.
Initially, 24X will focus on meeting the growing demand in the Asia Pacific region for overnight liquidity in U.S. equities. The exchange’s CEO and Founder, Dmitri Galinov, emphasized the importance of providing traders with access to markets at all hours to address the challenges of trading in different time zones. Once operational, 24X National Exchange will offer a new option for traders looking for extended trading opportunities in the U.S. equities market.
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