A startup stock exchange has been granted approval by the Securities and Exchange Commission to operate for 23 hours a day, five days a week. The 24X National Exchange, supported by Point72 Ventures, intends to begin trading during US daytime hours and later introduce overnight trading options.
The exchange will have one-hour breaks starting at 7 p.m. to allow for continuous trading while ensuring necessary downtime. This approach aims to improve trading flexibility and accessibility for investors, representing a significant development in the US financial markets.