24X National Exchange cuts fees to attract liquidity providers

STAMFORD, Conn., March 2, 2026 /PRNewswire/ -- 24 Exchange announced today the launch of its retail trade pricing program for members of 24X National Exchange ("24X" or the "Exchange"), the first national securities exchange approved by the U.S. Securities and Exchange Commission (SEC) to offer 23-hour weekday trading of U.S. equities. 24X's new pricing program is now in effect, following its recent filing with the SEC.

The retail program's pricing is set at $0.0038 (38-mils) rebate, with no tiers, for equities trading over $1.00. In addition, 24X is offering a $0.0034 (34-mils) rebate for adding liquidity across all tapes on stocks trading above $1.00, while the take rate will remain unchanged at $0.00295/share (29.5 mils), also without tiers.

24X National Exchange CEO and Founder Dmitri Galinov said: "We're grateful for our 24X members who are supporting the first U.S. national exchange purpose-built for extended-hours trading. We designed our retail program to deliver great value grounded in accessibility, simplicity, and affordability. The new pricing range is intended to drive greater retail limit order flow while attracting liquidity providers to the exchange. 24X's straightforward rebate with no tiers eliminates the complexity that has historically disadvantaged smaller participants and ensures retail order flow is valued appropriately. Combined with our inverted pricing structure, market participants can focus on execution quality rather than navigating complicated fee schedules. As we prepare for our 23/5 trading launch later this year, transparent and competitive pricing will level the playing field for retail investors trading via 24X member broker-dealers."

Trading on 24X National Exchange commenced last October with extended hours trading of U.S. equities from 4:00 a.m. to 8:00 p.m. ET on weekdays. This next-generation electronic trading venue expects to launch 23/5 trading of U.S. equities in the second half of this year.

More information about 24X National Exchange is available at https://equities.24exchange.com/home.