SEC Okays Midnight Stock Trades in Wild 24X Experiment Until 2027
Published Date: 8/14/2026
Notice
Summary
The SEC is giving 24X National Exchange LLC special permission to try out overnight trading starting January 24, 2027. This temporary break from some usual rules will last until new extended hours rules kick in or until July 2, 2027—whichever comes first. This move lets 24X test new trading hours while keeping things safe and fair for everyone involved.
Analyzed Economic Effects
3 provisions identified: 3 benefits, 0 costs, 0 mixed.
Contingent Permission for Overnight Trading
If the Equity Data Plans fail to begin extended-hours SIP operations by December 6, 2026, the SEC will allow 24X to run an overnight trading session from 9:00 p.m. to 4:00 a.m. Eastern (Sunday–Thursday nights) starting January 24, 2027. That permission would last only until the Equity Data Plans implement the Extended Hours Amendments or until July 2, 2027, whichever comes first.
Free Real-Time 24X Overnight Data Feed
As a condition of the temporary relief, 24X must make a proprietary real-time data feed (with quotation and last-sale information) available to the public free of charge during the exempted overnight period. The Exchange also must make certain disclosures and provide quarterly data to the Commission as conditions of this limited relief.
Path for Other Exchanges to Offer Overnight Trading
The Order states that if 24X (or a similarly situated registrant) requests and is granted comparable temporary exemptive relief, those exchanges could also commence overnight trading under the same contingency and timing conditions. This creates a path for multiple national exchanges to offer overnight hours if the Equity Data Plans miss the December 6, 2026 implementation date.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-12163, The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS
The SEC wants to scrap some old rules that stop stocks from being traded at worse prices and prevent confusing market quotes. This change affects stock traders and exchanges, aiming to simplify trading and possibly speed things up. If you want to share your thoughts, you’ve got until August 17, 2026, so don’t miss out!
2026-10373, Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222, Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651, Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-16563, Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Introduce a Small Retail Broker Distribution Program for the BZX Top Data Feed
2026-16619, Regulatory Flexibility Agenda
The Securities and Exchange Commission is publishing the Chairman's agenda of rulemaking actions pursuant to the Regulatory Flexibility Act ("RFA") (Pub. L. 96-354, 94 Stat. 1164) (Sept. 19, 1980). The items listed in the Regulatory Flexibility Agenda reflect only the priorities of the Chairman of the U.S. Securities and Exchange Commission, and do not necessarily reflect the views and priorities of any individual Commissioner. Information in the agenda was accurate on May 12, 2026, the date on which the Commission's staff completed compilation of the data. To the extent possible, rulemaking actions by the Commission since that date have been reflected in the agenda. The Commission invites questions and public comment on the agenda and on the individual agenda entries. The Commission is now printing in the Federal Register, along with our preamble, only those agenda entries for which we have indicated that preparation of an RFA analysis is required. The Commission's complete RFA agenda will be available online at www.reginfo.gov.
Previous / Next Documents
Previous: 2026-16568, National Register of Historic Places; Notification of Pending Nominations and Related Actions
The National Park Service is soliciting electronic comments on the significance of properties nominated before July 25, 2026, for listing or related actions in the National Register of Historic Places.
Next: 2026-16573, Notice of OFAC Sanctions Action
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.