Information
24 Exchange, a new stock exchange, announced Wednesday that will launch next year. The exchange coul...
Original sourceAI Summary
24X National Exchange to launch in late 2025, enabling extended trading hours. Trading hours may expand from 4:00 a.m. to 8:00 p.m. ET weekdays. Trend reflects growing demand for round-the-clock trading from markets like crypto. Aims to offer better liquidity, especially for Asia Pacific investors. Brokerages like Robinhood already provide extended trading, enhancing market accessibility.
Sentiment Rationale
Extended trading hours could increase liquidity and attract more investors. Similar past trends have boosted overall market engagement.
Trading Thesis
The establishment of 24X could reshape trading dynamics permanently. Historical examples show prolonged trading availability leads to enhanced market activity.
Market-Moving
- 24X National Exchange to launch in late 2025, enabling extended trading hours.
- Trading hours may expand from 4:00 a.m. to 8:00 p.m. ET weekdays.
- Trend reflects growing demand for round-the-clock trading from markets like crypto.
Key Facts
- 24X National Exchange to launch in late 2025, enabling extended trading hours.
- Trading hours may expand from 4:00 a.m. to 8:00 p.m. ET weekdays.
- Trend reflects growing demand for round-the-clock trading from markets like crypto.
- Aims to offer better liquidity, especially for Asia Pacific investors.
- Brokerages like Robinhood already provide extended trading, enhancing market accessibility.
Companies Mentioned
- SPY (SPY)
- IVV (IVV)
- VTI (VTI)
Market Recap
The launch of a new exchange has significant implications for trading strategies and market movement. Anticipated changes could enhance the appeal of U.S. stocks.