24X National Exchange Files Updated Application to Allow 24/7 Trading
24X National Exchange has submitted an amended application to United States regulators to establish a securities exchange that could offer cryptocurrency exchange-traded funds (ETFs) with 24/7 trading capabilities, as stated in. 27 filing and accompanying exhibits.
The filing states that 24X intends to “significantly broaden trading beyond regular trading hours” for US-listed securities by operating a national securities exchange 23 hours a day, 7 days a week, 365 days a year, including holidays, with some trading pauses.
If approved as a national securities exchange, 24X will offer trading for any security included in the Nasdaq-100 Index, S&P 500 Index, Russell 2000 Index, and the top 50 exchange-traded funds by average daily volume during their 24X Market Session.
However, 24X has declined to comment on the matter, citing its ongoing application with US regulators.