12.02.2025

24X Welcomes Investment from Korea’s Shinhan Securities

12.02.2025
Clock Synchronization: A Matter of Timing

24X US Holdings LLC, a holding company and the developer of the innovative 24X National Exchange, announced that it has received a strategic equity investment from Shinhan Securities of Korea. 24X National Exchange (24X) is the first stock exchange to receive U.S. Securities and Exchange Commission approval to offer trading of U.S. securities 23 hours each workday.

The investment from Shinhan Securities will accelerate the expansion of around-the-clock trading on 24X and extend the reach of the Exchange’s services across Asia.

Trading on 24X National Exchange commenced in October, with trading of U.S. equities by retail and institutional customers anywhere in the world via broker-dealers who are approved Exchange members from 4:00 a.m. to 8:00 p.m. ET on weekdays. Pending final approvals and market infrastructure alignment, 24X expects to launch 23/5 trading in the second half of 2026. In that phase, the Exchange will operate from 8:00 p.m. ET on Sunday through 8:00 p.m. ET on Friday, with a daily one-hour pause for operational maintenance.

The investment from Shinhan Securities follows the equity investment in 24X from Rakuten Securities, a prominent Japanese online securities company, which was announced in May. These developments reflect growing international recognition of 24 Exchange’s technology leadership and market access solutions.

Dmitri Galinov, Founder and CEO of 24X National Exchange, said, “This significant investment from Shinhan Securities will advance our mission to deliver enhanced liquidity, transparency, and convenience and efficiency to traders in U.S. equities – wherever they may be based. With the support of Shinhan Securities and Rakuten Securities, 24X is well-positioned to expand and enhance our offerings to the global broker-dealer community and the retail traders they serve in Asia and around the world.”

This is the first investment by Shinhan Securities in a U.S. stock exchange. Representatives from Shinhan Securities commented, “Our investment in 24X US Holdings is part of a broader strategy to collaborate with firms pioneering cutting-edge trading technology, delivering tangible benefits to investors and market participants throughout the region.”

Source: 24X US Holdings

A recent Markets Media article highlights how @tZERO is resetting its vision - focusing on partnerships, regulated infrastructure, and global scale to make tokenized capital markets a reality.

Under CEO @Alan_Konevsky, the company is leveraging regulatory momentum to enable…

Want to know who calls the shots on trading tech? We partnered with @WeAreAdaptive to interview capital markets professionals globally to uncover key trends and evolving patterns in technology deployment. Reach the report here:

Load More

Related articles

  1. NYSE Texas launched in March 2025 as the first securities exchange to be incorporated in the state.

  2. The SEC should avoid granting exemptions to firms attempting to bypass regulatory principles.

  3. The equity tape aims to be in operation in 2027.

  4. Asset Managers Assess Cybersecurity

    A restructure aims to grow markets and increase the diversification of liquidity.

  5. Daily Email Feature

    Euronext Transforms Over a Decade

    Stéphane Boujnah talks about his 10 years in charge.

We're Enhancing Your Experience with Smart Technology

We've updated our Terms & Conditions and Privacy Policy to introduce AI tools that will personalize your content, improve our market analysis, and deliver more relevant insights.These changes take effect on Aug 25, 2025.
Your data remains protected—we're simply using smart technology to serve you better. [Review Full Terms] | [Review Privacy Policy] Please review our updated Terms & Conditions and Privacy Policy carefully. By continuing to use our services after Aug 25, 2025, you agree to these

Close the CTA