Global investment bank, Cantor – part of the Cantor Fitzgerald – has joined the 24X National Exchange as a member firm in a bid to broaden its existing electronic trading offering.
Pascal Bandelier
According to Cantor, the move will provide clients with “additional choice, flexibility, and efficiency in how they access markets”.
The US Securities and Exchange Commission (SEC) approved 24X as the first round-the-clock exchange back in November 2024. A year later, in October 2025, 24X went live with its 16/5 US equities trading plans for both institutional and retail investors.
The offering provides access for investors worldwide via broker-dealers which are members of the SEC-listed exchange.
Read more: SEC approves first round-the-clock exchange
“Cantor is focused on staying at the forefront of market access and execution for our clients,” said Pascal Bandelier, Co-chief executive and global head of Equities, Cantor.
“Joining the 24X National Exchange strengthens our electronic trading capabilities and further supports our clients, positioning us to provide best execution and liquidity.”
Since Q1 2024, Cantor has onboarded a variety of trading platforms, including: Blue Ocean, Bruce Markets, and Moon ATS.
According to the bank, the decisions closely align with its strategy to provide clients best execution through scalable and technology-driven solutions.
Speaking to The TRADE back in June 2025 about the motivations behind the 24X launch, Dmitri Galinov, founder and chief executive, explained that the plan came together due to emerging market’s interest in investing in American companies.
“At the time, the New York Stock Exchange or NASDAQ didn’t really have any plan to address after hours trading, so that was the gap. Even though crypto and foreign exchange trade 24 hours, the exchanges didn’t seem to offer a service in the same vein, so that’s when we said okay there is definitely a need for foreign investors to access US markets in real time, let’s make it happen.”