Venue operator 24 Exchange has firmed up the date for the first stage of its 24X National Exchange, with launch scheduled for 29 September 2025.
The exchange is set to be the first US Securities and Exchange Commission (SEC) approved national securities exchange for global access, offering 23-hour US equities weekday trading from 4am to 8pm ET.
The firm has said that the launch will allow institutional and retail investors across the world to trade US equities via participating broker-dealers, with an initial focus on addressed the increasing demand for overnight US equity trading from APAC retail clients.
Dmitri Galinov, 24X National Exchange chief executive and founder said: “With this first stage launch, we’re one big step closer to making 23-hour weekday trading a reality for US equities worldwide. 24X National Exchange will enable unprecedented access, flexibility, and speed for market participants in every global location whenever they want to trade.”
SEC approval for 23/5 trading hours was granted to the exchange in November 2024, and in May 2025, the firm received investment from Rakuten Securities to support the development of the exchange.
The second stage, which is set to launch at a later date, will see the exchange operating from 8pm ET on Sunday to 8pm ET on Friday, pending final approvals and market infrastructure alignment.
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“The initial launch of 24X National Exchange is the culmination of years of innovation, regulatory engagement, and commitment to global market access,” added Galinov. “Setting the launch date for our new Exchange is a defining moment – not just for our company, but for the future of US equity trading.”
The move follows a recent push to extend trading hours for equities, with exchanges such as Nasdaq, Cboe Global Markets and the New York Stock Exchange (NYSE) revealing intentions to enable longer trading hours.