SEC Greenlights 24-Hour Stock Trading with New Exchange Launch

TL;DR Summary
The 24X National Exchange, set to launch in the second half of 2025, aims to offer nearly 23-hour trading on business days, pending final regulatory approvals. This new stock exchange will initially operate from 4:00 a.m. to 7:00 p.m. ET on weekdays, with plans to extend trading hours from Sunday evening to Friday evening. The initiative is part of a broader trend towards extended trading hours, influenced by the constant trading nature of cryptocurrencies. The exchange will initially target the Asia Pacific region's demand for overnight liquidity in U.S. equities.
Topics:business#24-hour-trading#asia-pacific-market#finance#regulatory-approval#stock-exchange#us-equities
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