America’s First 24-Hour Stock Exchange Gets Operational Approval

The exchange will allow investors to get out of risky positions beyond official market timings, according to 24X National Exchange.

The U.S. Securities and Exchange Commission in Washington on Sept. 18, 2008. Chip Somodevilla/Getty Images

U.S. regulators have approved a nonstop stock exchange to begin operations in the country, which is expected to boost overnight liquidity available to traders.

“24 Exchange announced today that it has received approval from the U.S. Securities and Exchange Commission to operate 24X National Exchange as the first national securities exchange in the U.S. that allows trading of U.S. securities 23 hours each workday,” the company said in a Nov. 27 statement.