New stock exchange plans 23-hour trading launch in 2025
cnbc.com —
A new stock exchange, the 24X National Exchange, is set to launch in the second half of 2025, pending regulatory approval. It will offer trading from 4:00 a.m. to 7:00 p.m. ET on weekdays, with potential expansion to longer hours. This exchange aims to provide nearly round-the-clock trading, addressing the demand for more trading hours. It follows a trend where some brokerage firms already offer extended trading options. Initially, 24X will target the Asia Pacific region, focusing on providing overnight liquidity for U.S. equities. This move reflects a growing interest in longer trading hours amid the rise of cryptocurrencies.