Finance:24X National Exchange
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Short description: Proposed American stock exchange
24 Exchange is a proposed American stock exchange planned to launch in 2025 that will offer trading for more hours than a typical stock market trading day. It has been proposed to trade from 4:00 am Eastern Time (ET) to 7:00 pm ET on weekdays. It is based in Stamford, Connecticut. It received preliminary approval by the Securities and Exchange Commission in November 2024.[1][2][3] It is backed by Steve Cohen.[4]
See also
- Extended-hours trading
- List of stock exchange opening times
- Trading curb
- Trading day
References
- ↑ "Startup Stock Exchange Allowed to Offer 23/5 Stock Trading". The Wall Street Journal. November 27, 2024. https://www.wsj.com/livecoverage/stock-market-today-pce-inflation-live-11-27-2024/card/startup-stock-exchange-allowed-to-offer-23-5-stock-trading-XM4oWVE33Hgf0NfCjPCS.
- ↑ Pound, Jesse (November 29, 2024). "New stock exchange aiming to offer 23-hour trading set to launch in 2025". https://www.cnbc.com/2024/11/29/new-stock-exchange-aiming-to-offer-23-hour-trading-set-to-launch-in-2025.html.
- ↑ "First Around-the-Clock US Stock Exchange Wins SEC Approval". November 28, 2024. https://www.bloomberg.com/news/articles/2024-11-28/first-around-the-clock-us-stock-exchange-wins-sec-approval.
- ↑ "Steven Cohen's Venture Firm Backs 24-Hour Stock-Trading Startup". The Wall Street Journal. December 1, 2021. https://www.wsj.com/articles/steven-cohens-venture-firm-backs-24-hour-stock-trading-startup-11638360000.
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