SEC Greenlights First 24-Hour Stock Exchange in the US
The SEC has approved the first round-the-clock stock exchange in the United States, allowing for continuous trading that spans 24 hours. This landmark decision grants the startup known as 24X National Exchange the capability to operate nearly around-the-clock trading, enhancing the possibilities for traders and investors alike. However, the move has stirred concerns among some market experts who believe that round-the-clock trading may pose risks to retail investors and could potentially harm market integrity. Despite these warnings, the introduction of 24-hour trading represents a significant shift in the landscape of US financial markets, promising increased flexibility for investors but also raising questions about its overall impact.
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