🚀 24 Exchange Receives SEC Approval For Extended Trading Hours
#24Exchange #SECApproval #ExtendedTradingHours #NationalSecuritiesExchange #StockMarket #Finance #Trading #Investment #DmitriGalinov #ContinuousTrading
According to Odaily, 24 Exchange, a startup backed by Point72 Ventures, has received approval from the U.S. Securities and Exchange Commission (SEC) to operate the 24X National Exchange. This makes it the first national securities exchange in the United States to allow trading for 23 hours a day from Monday to Friday. The launch of 24X will occur in two phases, with the initial phase set to begin in the second half of 2025. During this phase, trading hours will be from 4 a.m. to 7 p.m. Eastern Time.
Once the public data feed for broadcasting U.S. stock prices is upgraded to support continuous operation, 24X will be permitted to extend its trading hours to include nighttime sessions. These sessions will run from 8 p.m. on Sunday to 7 p.m. on Friday, with a one-hour pause from 7 p.m. to 8 p.m. to accommodate routine software upgrades and functionality tests. Dmitri Galinov, CEO and founder of 24X, stated, "Traders face the greatest risk when markets in their regions are closed. We aim to mitigate this issue by facilitating around-the-clock trading."#24Exchange #SECApproval #ExtendedTradingHours #NationalSecuritiesExchange #StockMarket #Finance #Trading #Investment #DmitriGalinov #ContinuousTrading
🚀 Nasdaq Plans Extended Trading Hours Pending Approval
#Nasdaq #CboeGlobalMarkets #NewYorkStockExchange #ExtendedTradingHours #RegulatoryApproval #Finance #StockMarket
According to Odaily, Nasdaq, the second-largest exchange operator in the United States, is planning to offer extended trading hours five days a week, contingent upon regulatory approval and industry coordination. This initiative is expected to commence in the latter half of 2026. Last month, Cboe Global Markets announced its intention to extend trading hours to 24 hours, five days a week, pending regulatory approval. Meanwhile, the New York Stock Exchange submitted its own application in October to provide 22-hour trading on weekdays.#Nasdaq #CboeGlobalMarkets #NewYorkStockExchange #ExtendedTradingHours #RegulatoryApproval #Finance #StockMarket
🚀 Nasdaq Plans to Extend Trading Hours with New 5X23 Model
#Nasdaq #stocktrading #24hourtrading #ETPs #5X23 #USSEC #financialmarkets #extendedtradinghours #tradingmodel #stockexchange
According to BlockBeats, Nasdaq is preparing to submit a proposal to the U.S. Securities and Exchange Commission to introduce a 24-hour stock trading service. The plan aims to extend the trading hours for stocks and exchange-traded products (ETPs) from the current five days a week, 16 hours a day, to 23 hours a day.
The new '5X23' model will feature two main trading sessions. The daytime session will start at 4 a.m. Eastern Time and end at 8 p.m., maintaining the pre-market, regular, and post-market trading periods, with the regular session opening at 9:30 a.m. and closing at 4:00 p.m. The nighttime session will run from 9 p.m. to 4 a.m. the following day. Trades executed between 9 p.m. and midnight will be considered part of the next calendar day's trading.
Under this new schedule, the trading week will commence at 9 p.m. on Sunday and conclude at 8 p.m. on Friday after the daytime session.#Nasdaq #stocktrading #24hourtrading #ETPs #5X23 #USSEC #financialmarkets #extendedtradinghours #tradingmodel #stockexchange
🚀 CBOE Plans to Launch 24X5 U.S. Stock Trading Model by December 2026
#CBOE #USStockTrading #24X5TradingModel #GlobalInvestors #MarketAccessibility #FlexibleTrading #Liquidity #MarketEfficiency #ExtendedTradingHours #FinancialIndustry
The Chicago Board Options Exchange (CBOE) has announced its intention to introduce a 24X5 trading model for U.S. stocks by December 2026. According to Jin10, this initiative aims to extend trading hours to accommodate global investors and enhance market accessibility. The move is expected to align with the growing demand for more flexible trading options in the financial markets. By offering round-the-clock trading from Monday to Friday, CBOE seeks to provide investors with increased opportunities to engage with the U.S. stock market, potentially leading to greater liquidity and market efficiency. This development reflects a broader trend in the financial industry towards extended trading hours to meet the needs of a diverse investor base.#CBOE #USStockTrading #24X5TradingModel #GlobalInvestors #MarketAccessibility #FlexibleTrading #Liquidity #MarketEfficiency #ExtendedTradingHours #FinancialIndustry
🚀 NYSE Explores Blockchain Integration for Market Infrastructure
#NYSE #BlockchainIntegration #MarketInfrastructure #TokenizedAssets #RealTimeSettlement #ExtendedTradingHours
The New York Stock Exchange (NYSE) is exploring the integration of blockchain technology into its existing market infrastructure. According to NS3.AI, the exchange aims to enhance current systems rather than replace them. Jon Herrick, a representative from NYSE, stated that the exchange is investigating how tokenized assets could be incorporated into today's market framework. This includes considerations for near real-time settlement and extended trading hours.#NYSE #BlockchainIntegration #MarketInfrastructure #TokenizedAssets #RealTimeSettlement #ExtendedTradingHours