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 expand trading hours further. This move is part of a larger trend towards extended trading hours in the stock market, in response to the popularity of cryptocurrencies that trade continuously.
24X aims to provide a solution for traders who are most at risk when the market is closed in their geographic location. By offering around-the-clock trading for U.S. equities, the exchange hopes to cater to broker-dealers and their institutional and retail customers. Initially, 24X plans to focus on meeting the demand for overnight liquidity in U.S. equities in the Asia Pacific region.
The introduction of 24X National Exchange reflects a growing interest in expanding trading hours to accommodate global markets and cater to a broader range of investors. With the rise of technology and increased interest in trading, the move towards longer trading hours could reshape the landscape of stock trading and offer new opportunities for market participants.
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