The U.S. will launch its first extended-hours stock exchange offering 16-hour daily trading.
The exchange will offer extended trading hours for global retail investors under SEC oversight
24 Exchange announced today (Tuesday) that the first stage
of 24X National Exchange will launch on September 29, 2025. The Exchange is the
first SEC-approved national securities exchange designed for global access,
offering extended weekday trading hours for U.S. equities.
Starting September 29, the Exchange will operate from 4:00
a.m. to 8:00 p.m. ET on weekdays. This will allow institutional and retail
investors worldwide to trade U.S. equities through participating broker-dealers
for nearly the entire trading day. The Exchange will operate under full SEC
oversight, with standard investor protections in place.
Focus on APAC Investors
Dmitri Galinov, 24X National Exchange CEO and Founder, Source: LinkedIn
"With this first stage launch, we're one big step
closer to making 23-hour weekday trading a reality for U.S. equities worldwide.
24X National Exchange will enable unprecedented access, flexibility, and speed
for market participants in every global location whenever they want to trade,” 24X
National Exchange CEO and Founder Dmitri Galinov, said
Initially, 24X National Exchange will focus on overnight
trading demand for U.S. equities, particularly among retail investors in the
Asia-Pacific (APAC) region.
The SEC approved 23-hour weekday trading for the Exchange in
November 2024. The approval was conditional on modifications to Equity Data
Plans and compliance with the Securities Exchange Act.
"The initial launch of 24X National Exchange is the
culmination of years of innovation, regulatory engagement, and commitment to
global market access," Galinov added. "Setting the launch date for
our new Exchange is a defining moment – not just for our company, but for the
future of U.S. equity trading."
A second stage is planned, pending final approvals. In this
phase, the Exchange will operate from 8:00 p.m. ET Sunday to 8:00 p.m. ET
Friday, with a one-hour daily pause for maintenance. The launch date for this
stage has not yet been announced.
The Exchange runs on technology provided by MEMX
Technologies, which is designed to support high-performance trading.
24 Exchange announced today (Tuesday) that the first stage
of 24X National Exchange will launch on September 29, 2025. The Exchange is the
first SEC-approved national securities exchange designed for global access,
offering extended weekday trading hours for U.S. equities.
Starting September 29, the Exchange will operate from 4:00
a.m. to 8:00 p.m. ET on weekdays. This will allow institutional and retail
investors worldwide to trade U.S. equities through participating broker-dealers
for nearly the entire trading day. The Exchange will operate under full SEC
oversight, with standard investor protections in place.
Focus on APAC Investors
Dmitri Galinov, 24X National Exchange CEO and Founder, Source: LinkedIn
"With this first stage launch, we're one big step
closer to making 23-hour weekday trading a reality for U.S. equities worldwide.
24X National Exchange will enable unprecedented access, flexibility, and speed
for market participants in every global location whenever they want to trade,” 24X
National Exchange CEO and Founder Dmitri Galinov, said
Initially, 24X National Exchange will focus on overnight
trading demand for U.S. equities, particularly among retail investors in the
Asia-Pacific (APAC) region.
The SEC approved 23-hour weekday trading for the Exchange in
November 2024. The approval was conditional on modifications to Equity Data
Plans and compliance with the Securities Exchange Act.
"The initial launch of 24X National Exchange is the
culmination of years of innovation, regulatory engagement, and commitment to
global market access," Galinov added. "Setting the launch date for
our new Exchange is a defining moment – not just for our company, but for the
future of U.S. equity trading."
A second stage is planned, pending final approvals. In this
phase, the Exchange will operate from 8:00 p.m. ET Sunday to 8:00 p.m. ET
Friday, with a one-hour daily pause for maintenance. The launch date for this
stage has not yet been announced.
The Exchange runs on technology provided by MEMX
Technologies, which is designed to support high-performance trading.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
