New Stock Exchange with 23-Hour Trading Set to Launch in 2025
A new stock exchange is gearing up to launch next year, with plans to offer almost round-the-clock trading on business days pending final regulatory approvals. 24 Exchange, the company behind the forthcoming 24X National Exchange, announced the platform will kick off in the second half of 2025, allowing trading from 4:00 a.m. ET to 7:00 p.m. ET on weekdays.
The exchange may even expand its trading hours to run from 8:00 p.m. ET on Sunday through 7:00 p.m. ET on Friday, with just a one-hour break each day, once it clears some final hurdles with the U.S. Securities and Exchange Commission.
This move by 24 Exchange reflects a broader industry shift towards longer trading hours. Some brokerage firms, such as Robinhood Markets and Interactive Brokers, already provide extended trading opportunities on certain securities to their clientele. It’s no surprise that with the emergence of cryptocurrencies, which trade non-stop worldwide, there’s an increasing demand for longer trading hours in traditional stock markets.
The aim of the 24X National Exchange is to cater to traders who operate in different time zones and need to trade when their local market may be closed. According to 24 Exchange CEO and Founder Dmitri Galinov, the new platform seeks to facilitate around-the-clock U.S. equities trading for broker-dealers and their institutional and retail customers.
Initially, the exchange will prioritize meeting the expanding demand in the Asia Pacific region for overnight liquidity in U.S. equities. This forward-thinking move aligns with a growing trend in the industry towards greater accessibility and flexibility in stock trading.