24X National Exchange to Expand Warrant Performance Incentive Program
24X National Exchange is expanding its warrant performance incentive program to enhance liquidity and trading volume during extended hours. These changes coincide with the launch of 23/5 operations in December.
Stamford, Conn. – 24X National Exchange LLC announced plans to expand its performance-based incentive program for warrants. The adjustments are designed to improve liquidity and trading volume for securities, particularly during extended trading hours.
The expansion of the program will coincide with the launch of the exchange's 23/5 trading operations in December. This means the exchange will be open 23 hours a day, five days a week, a notable shift from traditional trading schedules.
While specific details of the program were not disclosed, it is expected to incentivize market makers and other participants to offer tighter spreads and increased liquidity outside of regular trading sessions.
24X National Exchange is the first national securities exchange in the U.S. approved to operate with extended trading hours. The company aims to differentiate itself by offering more flexible and efficient trading opportunities.