New Stock Exchange with 23-Hour Trading to Launch in 2025
A new stock exchange is set to launch next year and aims to offer almost round-the-clock trading on business days, pending final regulatory approvals. The 24X National Exchange plans to debut in the second half of 2025, operating from 4:00 a.m. ET to 7:00 p.m. ET on weekdays. This schedule could expand to run from 8:00 p.m. ET on Sunday through 7:00 p.m. ET on Friday, with a one-hour break each day, once the necessary approvals are secured from the U.S. Securities and Exchange Commission.
This move to launch a new trading platform with extended hours comes amidst a shift towards wider trading windows across the industry. Some brokerage firms, such as Robinhood Markets and Interactive Brokers, already provide extended trading hours on select securities to their clients. This trend coincides with the growing popularity of cryptocurrencies, which trade continuously worldwide without interruptions for weekends or holidays.
According to 24 Exchange CEO and Founder Dmitri Galinov, the new exchange, 24X National Exchange, aims to address a common issue faced by traders when markets are closed in their region. By facilitating around-the-clock U.S. equities trading for broker-dealers and their institutional and retail customers, the exchange seeks to mitigate this challenge.
Initially, 24X plans to cater to the increasing demand in the Asia Pacific region for overnight liquidity in U.S. equities, marking its primary focus upon launch. This strategic move aligns with broader market trends and is aimed at serving the evolving needs of investors across different regions as the global trading landscape continues to evolve.
