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Launch of a new stock exchange in 2025 with 23-hour trading capabilities


24 Exchange has announced the upcoming launch of a new stock exchange, 24X National Exchange, which will offer nearly round-the-clock trading on business days starting in the second half of 2025. Pending final regulatory approvals, the exchange will operate from 4:00 a.m. ET to 7:00 p.m. ET on weekdays, with the potential to expand trading hours to 8:00 p.m. ET on Sunday through 7:00 p.m. ET on Friday. There will be a one-hour pause each day.

The launch of 24X National Exchange reflects a broader trend towards extended trading hours in the stock market, as certain brokerage firms already offer extended trading on specific securities. The rise of cryptocurrencies, which trade constantly without any breaks, has also contributed to the push for longer trading hours in traditional markets. CEO Dmitri Galinov highlights the risk traders face when the market is closed in their time zone, which 24X National Exchange aims to address by providing around-the-clock trading for U.S. equities for broker-dealers and their institutional and retail customers.

Initially, 24X National Exchange will focus on meeting the demand in the Asia Pacific region for overnight liquidity in U.S. equities. The exchange’s expansion of trading hours is expected to cater to a global audience and provide greater flexibility to traders across different time zones.

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www.nbcnews.com

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