#United States #24X National Exchange #Board of Directors #Stamford, Connecticut #Dmitri Galinov

24X National Exchange's Inaugural Board of Directors Established

On October 22, 2025, 24 Exchange proudly announced the formation of its inaugural Board of Directors for the 24X National Exchange. This establishment marks a significant milestone as it will guide the operations of the first national securities exchange approved by the U.S. Securities and Exchange Commission (SEC) to offer 23-hour trading on weekdays.
The newly formed Board is comprised of distinguished corporate leaders from various sectors, including finance, law, regulatory bodies, and investment communities. These individuals are poised to ensure that the Exchange functions as a premier platform for trading U.S. equities under meticulous regulatory oversight.
The notable appointments to the Board include:

• - Diwa Cody: A renowned Market Structure and Policy Strategist at Jane Street.
• - Jessica D'Alton: Executive Director and Head of Americas Market Structure Liquidity Strategy at UBS.
• - Howard Kramer: A former SEC attorney and Partner at national law firms.
• - Daniel W. Lawrence: President and Chief Operating Officer of Investments at Red Apple Group.
• - Ron Levi: Non-Executive Chairman of Firefly Capital and Ruleguard.
• - Jose Marques: Chief Executive Officer of Intech Investment Management.

In a statement regarding this momentous occasion, Dmitri Galinov, Founder and CEO of 24X, expressed optimism about the Board's potential impact: "The establishment of this esteemed Board is a key milestone for 24X National Exchange as it begins its first phase of operation. This group consists of very accomplished leaders in their respective fields, and I am confident their collective strategic insight and experience will prove invaluable as we work to make 23-hour weekday trading a reality for U.S. equities worldwide."
The Exchange received SEC approval for 23-hour trading in November 2024, paving the way for an innovative approach to equity trading. After the necessary modifications and compliance with the Securities Exchange Act, trading commenced on October 14, 2025, allowing for extended hours from 4:00 a.m. to 8:00 p.m. ET on weekdays.
Pending final approvals and the alignment of market infrastructure, 24X National Exchange anticipates launching its full 23/5 trading capabilities in the latter half of 2026. During this phase, trading will occur from 8:00 p.m. ET on Sunday until 8:00 p.m. ET on Friday, with a scheduled one-hour break daily for operational maintenance.

About 24 Exchange

Founded as a privately held company, 24X Bermuda Holdings LLC operates primarily through its subsidiaries, including 24X Bermuda Limited and 24X National Exchange LLC. The latter is notable as the first national securities exchange endorsed by the SEC for its 23-hour trading initiative.
By facilitating cost-effective transactions across various asset classes around the clock, 24 Exchange is dedicated to reducing trade costs in global markets while providing unique workflows tailored to each asset category. Retail and institutional clients will be able to trade in U.S. equities through approved broker-dealers, further expanding market access around the world.
For further details on 24X National Exchange, visit 24 Exchange.