24X National Exchange delays launch to October 14
Dmitri Galinov’s Bermuda domiciled OTC product trading platform 24 Exchange has announced the launch of its almost-24-hour trading exchange 24X National Exchange has been postponed until October 14, 2025. We had reported back in June that the group had targeted a September 29 launch date for 24X National Exchange.
The company said that the two-week extension will allow for the regulatory approval and onboarding of significant broker-dealer member institutions. It will also help ensure the Exchange launches as a more liquid and robust market offering, extended hours trading of U.S. equities to retail and institutional investors around the world.
24X National Exchange CEO and Founder Dmitri Galinov, formerly CEO of FastMatch (now Euronext FX) said,
“We’re pleased that additional broker-dealer institutions have recently initiated the regulatory approval process of becoming members of 24X National Exchange. Providing this extra time will enable us to welcome these significant market participants as active members of the Exchange when we launch on October 14th.”
Upon its first stage launch next month, 24X National Exchange will offer live trading of U.S. equities from 4:00 a.m. to 8:00 p.m. ET on weekdays.
About 24 Exchange
24X Bermuda Holdings LLC (“24 Exchange”) is a privately held company with two primary operating subsidiaries: 24X Bermuda Limited, which allows seamless and cost-effective exchange of currency exposures; and 24X National Exchange LLC, the first national securities exchange approved by the SEC to operate 23 hours each weekday. The group’s mission is to enable cost-effective trades across a growing range of asset classes around the clock. 24 Exchange lowers the cost of exchanging assets in the global markets, while delivering creative and unique workflows catered to each asset class. 24X National Exchange will enable retail and institutional customers around the world to trade in U.S. equities via broker-dealers who are approved members.