MEMX Powers 24X Exchange Launch for Extended Trading Hours
MEMX, the member-founded exchange operator, has deployed its technology to support the newly launched 24X Exchange—the first U.S. securities exchange approved for 23-hour weekday trading. This marks MEMX Technology's third market center client, reflecting growing demand for its market-as-a-service platform.
The solution eliminates the traditional burdens of exchange launches by offering customizable, multi-asset-class infrastructure. "Our partnership with 24X validates the global appeal of our managed platform," said David Mellor, MEMX's Head of Market Technology. The exchange-grade technology continues attracting operators seeking to bypass costly software development cycles.