24 Exchange has received approval from the U.S. Securities and Exchange Commission to operate 24X National Exchange as the first national securities exchange in the U.S. that allows trading of U.S. securities 23 hours each workday.

The extended hour trading is subject to the SIP go live, making changes that would facilitate overnight trading hours and 24X National Exchange making an additional rule filing with the SEC confirming the changes and the Exchange's ability to comply with the Securities Exchange Act.

24X National Exchange will be subject to the SEC's ongoing regulatory oversight and full range of investor protections.

The new Exchange will enable retail and institutional customers anywhere in the world to trade in U.S. equities via broker-dealers who are approved members of 24X National Exchange.

First Stage: Opening in the second half of 2025, with the Exchange operating from 4:00 AM ET to 8:00 PM ET on weekdays.

Second Stage: Once the Implementation of the 23/5 SIP is launched trading will be from 8:00 PM EST on Sunday through 7:00 PM EST on Friday, with a one-hour operational pause each trading day for routine software upgrades and functionality testing.

Initial Trading Hours: 4:00 AM - 8:00 PM ET

Future Expansion: 23/5 trading availability

Available Securities: All NMS products listed on National Exchanges

Platform Integration: MEMX Technologies platform

Protocols: The Order Entry and Market Data specifications are available on the website

Industry Testing: Scheduled for June/July 2025

Go-Live Date: September 2025

The 24X Exchange membership would be available for U.S. broker-dealers. International clients would be introduced through these members

If you are not U.S. Broker Dealer, you would need to establish a sponsorship with a firm that is a member.

If you are not U.S. Broker Dealer, you would need to establish a sponsorship with a firm that is a member.

Increased Accessibility: Facilitates participation from global investors across diverse time zones.

Real-Time Reaction to Events: Allows for immediate responses to significant news, potentially smoothing out price gaps and enhancing price discovery.

Extended Trading Hours: Provides nearly 23/5 trading availability, accommodating international investors and aligning with modern markets like cryptocurrencies and forex.

Regulatory Oversight: Ensures robust investor protections and transparency under SEC regulations.

Enhanced Liquidity: Aims to draw more participants into the market, potentially increasing liquidity and reducing volatility.

Unit Testing – validation of component functionality

Regression Testing – assurance that changes resulting from new functionally, enhancements or bug fixes do not break the system

Integration Testing – testing of the interaction between integrated components

System Test – testing of the complete and integrated software system

Failover and Recovery Test – testing that covers the system’s ability to recover from possible failures

Performance Test – verification that the system is compliant with capacity requirements