24 Exchange Launches First-Ever SEC-Licensed Platform for 23/5 U.S. Equity Trading

Institutional trading platform 24 Exchange has officially launched 24X National Exchange, marking a historic milestone as the first SEC-approved national securities exchange to offer 23-hour weekday trading in U.S. equities under full regulatory oversight.

The new exchange enables trading from 4:00 a.m. to 8:00 p.m. ET on weekdays, dramatically extending access to U.S. equity markets for both institutional and retail investors across global time zones.

The move addresses growing demand from investors in Asia and other regions seeking access to U.S. markets outside traditional hours — offering greater flexibility, liquidity, and responsiveness to global news and market events.

“Our launch marks a milestone in the evolution of U.S. equities markets to trading around-the-clock. We’re excited that 24X National Exchange has pioneered this path that will increase access, transparency, speed, and alignment with the global nature of today’s economy – while lowering costs.” Dmitri Galinov, CEO and Founder of 24 Exchange.

Built on MEMX Technologies’ platform, the exchange aims to deliver a resilient, cost-effective trading experience with the same investor protections and market integrity standards as other SEC-licensed exchanges. Its Unlisted Trading Privileges (UTP) data feed exchange code is ‘G’.

Following its SEC approval in November 2024, 24X National Exchange is expected to transition to full 23/5 trading in the second half of 2026, pending final infrastructure readiness. At that point, trading will run from 8:00 p.m. ET Sunday to 8:00 p.m. ET Friday, pausing only one hour daily for maintenance.

“This launch is a transformational moment for global traders looking to access U.S. equity markets at more convenient times. After years of innovation and regulatory collaboration, we’re proud to deliver on our promise of around-the-clock trading to investors worldwide.”

24X Bermuda Holdings LLC (“24 Exchange”) operates across multiple asset classes via subsidiaries including 24X Bermuda Limited (FX trading) and 24X National Exchange LLC, the first national securities exchange approved for 23-hour weekday trading in U.S. equities. Its mission is to enable cost-effective, around-the-clock trading across asset classes for institutional and retail participants via regulated broker-dealers.

See Dmitri Galinov’s interview on Bloomberg TV here.

More information: 24exchange.com and equities.24exchange.com/home

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