Transaction Network Services (TNS) and 24X National Exchange have unveiled a strategic partnership which will see TNS provide access to market data from 24 Exchange.
Dmitri Galinov
Specifically, the collaboration will enable 24X National Exchange members and their retail trading clients to receive real-time pricing information and trading updates with optimal performance, explained the venue.
SEC approval for 23/5 weekday trading of US equities was granted to 24X in November 2024, and in May 2025, the firm received investment from Rakuten Securities to support the development of the exchange.
Dmitri Galinov, chief executive and founder of 24 Exchange, said: “Providing fast, dependable market data is fundamental to our mission of creating a modern, accessible and global equities marketplace for trading in US equities.
“Partnering with TNS allows 24X to deliver the high-quality connectivity our participants expect, supporting trading strategies that rely on accurate and timely information across standard and 23/5 trading sessions […] TNS will help ensure 24X delivers access to real-time, always-on data to retail investors everywhere who are trading US equities on our new Exchange via broker-dealers.”
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Specifically, the exchange offers 23-hour US equities weekday trading from 4am to 8pm ET. The exchange also will include a one-hour daily operational pause for software maintenance and testing.
The firm has said that the launch will allow both institutional and retail investors across the world to trade US equities via participating broker-dealers, with an initial focus on “tech-savvy” retain investors based in APAC, addressing the increasing demand for overnight US equity trading.
“Connecting to 24X National Exchange enhances TNS’ 24×5 trading capabilities, particularly for firms in the Asia-Pacific region – including Hong Kong, Tokyo, and Singapore – that need to access US equities during their local trading hours,” explained Jeff Mezger, vice president of product management at TNS.
“TNS is uniquely positioned as the only provider offering comprehensive access to every overnight US equities trading venue. With growing demand from Asia and other international markets, our global network delivers the reliable, ultra low-latency market data that firms need – around the clock, anywhere in the world.”
The official launch date for 24X is yet to be confirmed.