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. It is backed by Steve Cohen.
See also
References
- "Startup Stock Exchange Allowed to Offer 23/5 Stock Trading". The Wall Street Journal. November 27, 2024.
- Pound, Jesse (November 29, 2024). "New stock exchange aiming to offer 23-hour trading set to launch in 2025". CNBC.
- "First Around-the-Clock US Stock Exchange Wins SEC Approval". November 28, 2024 – via www.bloomberg.com.
- "Steven Cohen's Venture Firm Backs 24-Hour Stock-Trading Startup". The Wall Street Journal. December 1, 2021.