Membership gives clients access to extended hours trading on platform approved for 23/5 operation
Cantor has joined 24X National Exchange as a member firm, expanding its electronic trading capabilities and giving clients access to extended hours trading.
The move strengthens Cantor's market access offering by adding the exchange, which received regulatory approval in 2024 to operate 23 hours a day, five days a week.
24X National Exchange, a US equities trading platform, launched 16-hour-a-day trading last October following approval from the Securities and Exchange Commission.
"Cantor is focused on staying at the forefront of market access and execution for our clients," said Pascal Bandelier, co-chief executive and global head of equities at Cantor.
The membership positions Cantor to provide best execution and liquidity through the platform, Bandelier added.
Dmitri Galinov, chief executive and founder of 24X National Exchange, said Cantor's global reach and focus on execution quality align with the exchange's mission to deliver a modern trading platform for sophisticated market participants.
The partnership forms part of Cantor's technology-driven execution strategy, which has seen the firm onboard several trading platforms since the start of 2024.
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Cantor added Blue Ocean, Bruce Markets and Moon ATS to its electronic trading infrastructure over the past year as it builds out alternative market access options for clients.
The firm said the expanded platform connectivity gives clients more choice, flexibility and efficiency in how they execute trades across different venues and time zones.
The Recap
- Cantor joined the 24X National Exchange as member firm.
- 24X received SEC approval for 23/5 trading in 2024.
- Cantor onboarded new trading platforms since the start of 2024.
