24 Exchange Announces Launch Date for First Stage of 24X National Exchange, the First SEC-Approved 23/5 Stock Exchange

Trading on 24X National Exchange Set to Commence on September 29, 2025

STAMFORD, Conn., June 10, 2025 /PRNewswire/ -- 24 Exchange announced today that the first stage of 24X National Exchange (the "Exchange") will launch on September 29, 2025. This milestone marks the debut of the first national securities exchange designed for global access and approved by the U.S. Securities and Exchange Commission (SEC) to offer 23-hour weekday trading of U.S. equities.

Beginning on September 29, 24X National Exchange will offer trading of U.S. equities from 4:00 a.m. to 8:00 p.m. ET on weekdays.

The new Exchange will enable both institutional and retail investors anywhere in the world to trade U.S. equities via participating broker-dealers across nearly the entire day, five days a week. It will operate under full SEC regulatory oversight and with all the standard investor protections afforded to national exchanges.

24X National Exchange will focus its initial efforts on meeting the growing demand for overnight trading in U.S. equities among tech savvy retail investors throughout the APAC region.

24X National Exchange CEO and Founder Dmitri Galinov said: "We're proud to lead the next chapter in exchange evolution as we bring extended hours trading to retail traders around the world. With this first stage launch, we're one big step closer to making 23-hour weekday trading a reality for U.S. equities worldwide. 24X National Exchange will enable unprecedented access, flexibility, and speed for market participants in every global location whenever they want to trade.

24X National Exchange received SEC approval last November to operate 23/5 trading hours, subject to the implementation of necessary modifications to Equity Data Plans and a subsequent rule filing with the SEC confirming compliance with the Securities Exchange Act.

Pending final approvals and market infrastructure alignment, 24X National Exchange will transition to operating from 8:00 p.m. ET on Sunday through 8:00 p.m. ET on Friday, with a one-hour daily operational pause for software maintenance and testing. The launch date for the Exchange's second stage will be announced at a later date.

"The initial launch of 24X National Exchange is the culmination of years of innovation, regulatory engagement, and commitment to global market access," Galinov added. "Setting the launch date for our new Exchange is a defining moment – not just for our company, but for the future of U.S. equity trading."

24X National Exchange is built on a robust, high-performance technology infrastructure powered by MEMX Technologies, ensuring a seamless, resilient, and cost-effective trading experience.

Like NYSE and NASDAQ, 24X National Exchange will observe U.S. market holidays.

About 24 Exchange

24X Bermuda Holdings LLC ("24 Exchange") is a privately held company with two primary operating subsidiaries: 24X Bermuda Limited, which allows seamless and cost-effective exchange of currency exposures; and 24X National Exchange LLC, the first national securities exchange approved by the SEC to operate 23 hours each weekday. 24 Exchange's mission is to enable cost-effective trades across a growing range of asset classes around the clock. 24 Exchange lowers the cost of exchanging assets in the global markets while delivering creative and unique workflows catered to each asset class. More information is available at https://24exchange.com/. 24X National Exchange will enable retail and institutional customers around the world to trade in U.S. equities via broker-dealers who are approved members. More information about 24X National Exchange is available at https://equities.24exchange.com/home.

Media Contact:

Eric Andrus, KARV
[email protected]
Phone: +1 (212) 333-0275

SOURCE 24 Exchange