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24 Exchange Receives SEC Approval of its New National Securities Exchange, “24X National Exchange”

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24X National Exchange Plans to be the First Exchange to Offer U.S. Equities Trading 23 Hours-Per-Day on Weekdays

STAMFORD, Conn., Nov. 27, 2024 /CNW/ — 24 Exchange announced today that it has received approval from the U.S. Securities and Exchange Commission to operate 24X National Exchange as the first national securities exchange in the U.S. that allows trading of U.S. securities 23 hours each workday. The extended hour trading is subject to Equity Data Plans making changes that would facilitate overnight trading hours and 24X National Exchange making an additional rule filing with the SEC confirming the changes and the Exchange’s ability to comply with the Securities Exchange Act.

24X National Exchange will be subject to the SEC’s ongoing regulatory oversight and full range of investor protections. The new Exchange will enable retail and institutional customers anywhere in the world to trade in U.S. equities via broker-dealers who are approved members of 24X National Exchange. 

24X National Exchange will be launched in two stages. A first stage will open in the second half of 2025, with the Exchange operating from 4:00AM ET to 7:00PM ET on weekdays. The second stage, which will launch once the conditions noted above are met, will offer trading in U.S. equities from 8:00PM ET on Sunday through 7:00PM ET on Friday. A one-hour operational pause will occur during each trading day to accommodate routine software upgrades and functionality testing.

24 Exchange CEO and Founder Dmitri Galinov said: “The SEC’s approval of our new exchange is a thrilling development that the 24X Team has been working toward for many years. Traders are most at-risk when the market is closed in their geographic location. 24X National Exchange will seek to alleviate this problem by facilitating around-the-clock U.S. equities trading for broker-dealers and their institutional and retail customers.”

As the first national securities exchange approved by the SEC to operate 23 hours each weekday, subject to the conditions noted above, 24X National Exchange will initially focus on capturing the expanding demand in the APAC region for overnight liquidity in U.S. equities.

The 24X National Exchange will run on a proven, state-of-the-art technology platform provided by MEMX Technologies. The new Exchange’s executive team will place a high priority on enhancing client experience through continuous technology innovations and improvements.

“With this historic SEC approval in place, we will build and operate a customer-driven Exchange that can rapidly align with market demands and adapt quickly to client feedback,” Galinov added. “We look forward to bringing a superior trading experience to global customers. 24X National Exchange will deliver the cost efficiency, speed, resilience, and adaptability that the company’s financial institutional customers have long come to expect.”

24X National Exchange will close on U.S. market holidays, similar to the schedules maintained by the NYSE and Nasdaq.

24 Exchange through 24X Bermuda Limited, an affiliate of 24X National Exchange, will continue to offer FX NDFs, Swaps and Spot trading to institutional clients. Since its launch in 2019, 24 Exchange’s multi-asset offering through a single trading interface has enabled clients to access increased liquidity at lower cost.

About 24 Exchange

24 Exchange allows market participants to seamlessly exchange their exposures at the lowest possible cost. 24 Exchange’s mission is to enable members to initiate the most cost-effective trades across a growing range of asset classes, 24 hours a day. 24 Exchange lowers the cost of exchanging assets in the global markets while delivering creative and unique workflows catered to each asset class. More information is available at https://24exchange.com/.

Media Contact:
Eric Andrus, KARV
24Xmedia@karv.global
Phone: +1 (212) 333-0275

View original content:https://www.prnewswire.com/news-releases/24-exchange-receives-sec-approval-of-its-new-national-securities-exchange-24x-national-exchange-302317878.html

SOURCE 24 Exchange

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Embracing Gratitude and Multiculturalism for Thanksgiving 2024: VIAIM’s Tribute to Singapore’s Bilingual and Multicultural Community

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SINGAPORE, Nov. 28, 2024 /PRNewswire/ — Thanksgiving is a time to reflect on gratitude, support, and the connections that make a difference. VIAIM, a leading AI technology hardware company focused on smart office solutions, has been by the side of students, professionals, and lifelong learners, helping them navigate challenges in communication and productivity. This Thanksgiving, VIAIM shares heartfelt stories from users, highlighting how its innovative Nano+ and Air earbuds enhance daily life through technology that feels personal and meaningful.

From classrooms to international offices, VIAIM’s earbuds are making communication smoother and more accessible, empowering users to thrive in multilingual environments.

Xiao Zhao, a dedicated English learner striving to improve her spoken English, shared her experience with VIAIM Nano+ earbuds. “My English teacher explains everything in class very quickly, and I often found myself struggling to keep up. Using the earbuds’ audio-to-text feature, I can easily record lessons and review the notes later at my own pace. This not only helps me retain key points but also boosts my confidence in participating during class discussions. I’ve gone from feeling shy to speaking my mind more freely,” she shared.

For Ziyou, a university student juggling a packed schedule, the VIAIM Nano+ earbuds have been a game-changer. “I use my commute time to listen to audiobooks, and with the audio recording and transcription function, I can instantly turn these into concise reading notes. This has saved me time and money on buying textbooks. The feature is also incredibly helpful for my language learning; I use it to capture and review Korean classes, creating structured study materials effortlessly,” she explained.

Qiqi, who works in a multicultural office, relies on VIAIM earbuds to bridge communication gaps. “My colleagues have a variety of accents that I used to find difficult to understand. The real-time translation function has been a lifesaver, allowing me to follow conversations seamlessly. Recently, I used the earbuds to translate a German video for a client into English, which helped resolve an issue quickly and left the client impressed. VIAIM has truly improved my productivity and confidence at work,” Qiqi said.

A Future of Connection and Innovation

VIAIM remains dedicated to breaking down communication barriers and enabling meaningful connections in every aspect of life. Whether in education, the workplace, or everyday interactions, VIAIM’s smart solutions ensure that users feel supported and empowered.

As we celebrate this season of gratitude, VIAIM extends heartfelt thanks to its users for their trust and inspiration. The company looks forward to innovating further, ensuring that language and communication are never obstacles but opportunities to connect and grow.

VIAIM warmly invites users to share their experiences with its products through @VIAIM on X. Together, we can continue building a world where technology fosters understanding and strengthens connections.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/embracing-gratitude-and-multiculturalism-for-thanksgiving-2024-viaims-tribute-to-singapores-bilingual-and-multicultural-community-302317545.html

SOURCE VIAIM

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The trading volume of green electricity in Turfan, Xinjiang exceeded 50 million kilowatt-hours

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TURFAN, China, Nov. 28, 2024 /PRNewswire/ — As of November 24, the trading power of green power in Turfan, Xinjiang this year has reached 50.3205 million kilowatt-hours, successfully breaking through the 50 million kilowatt-hour mark, which is 7.2 times the annual trading scale last year, marking that Turfan has made remarkable progress in promoting the transformation of green energy.

Since the beginning of this year, State Grid Turfan Power Supply Company has actively responded to the national green development strategy and is committed to accelerating the construction of the green power market. Through a series of innovative measures, it has promoted the rapid growth of green power transactions in Turfan. State Grid Turfan Power Supply Company not only actively promoted the local government to issue a renewable energy consumption action plan, but also clarified the proportion of new energy consumption of key energy-using units according to local conditions, laying a solid foundation for the healthy development of the green power market.

In order to promote a high proportion of new energy to enter the market, State Grid Turfan Power Supply Company innovated the mechanism to help realize the “new energy participation in the full trading varieties 24-hour curve” trading and the continuous opening of the market on weekdays. This measure effectively adapts to the fluctuation characteristics of new energy output and improves the flexibility and efficiency of green power trading. In addition, the company has also established a green electricity green certificate service station in Gaochang District. This service platform has further opened up the “last kilometer” of customers’ green needs, providing strong support for the convenience and efficiency of green power trading.

In terms of creating a green consumption atmosphere for the whole society, the State Grid Turfan Power Supply Company also spared no effort. The company has successfully achieved 100% green electricity supply at the Tourism Development Conference of the autonomous region, and helped enterprises achieve low-carbon environmental protection transformation and enhance their international brand influence by guiding three export-oriented enterprises to purchase green electricity. These measures not only promote the green development of the local economy, but also contribute to the construction of ecological civilization in Turfan.

 

View original content:https://www.prnewswire.com/apac/news-releases/the-trading-volume-of-green-electricity-in-turfan-xinjiang-exceeded-50-million-kilowatt-hours-302317962.html

SOURCE State Grid Turfan Power Supply Company

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Casio to Release Re-creation of First-Ever G-SHOCK

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TOKYO, Nov. 27, 2024 /PRNewswire/ — Casio Computer Co., Ltd. announced today the release of the latest addition to the G-SHOCK family of shock-resistant watches. The new DW-5000R re-creates the very first G-SHOCK released in 1983, DW-5000C, with meticulous faithfulness.

The launch of G-SHOCK back in 1983 ushered in an entirely new genre of toughness in wristwatch design, bringing watches into demanding environments such as construction sites and intense sports. Casio has continued to deliver innovative products and services, changing people’s lives and making the world a better place.

In honor of the occasion, Casio returned to the origins of G-SHOCK, which created an all-new market category for watches, with the desire to see the G-SHOCK brand once again create a new watch category. The result, the DW-5000R, a more faithful reproduction of DW-5000C than any other limited-edition revival of the past,[1] establishes this re-creation of the very first G-SHOCK as a standard in the Casio lineup.

[1] Past releases of limited-edition models for G-SHOCK anniversaries such as the DW-5040

The band reproduces the original DW-5000C design not only in length, but in the unevenness of the area around the band holes and even in the position of the dimples.[2] The top surface, displaying the “PROTECTION” and “G-SHOCK” letterings, features the original bezel’s flat design, and the red, blue, and yellow coloring replicates the original face design. The intense focus on evoking the look of the original extends to the most subtle details, including the stainless-steel center case and screw-lock case back engraved with the phrase “Shock Resistant.” DW-5000R is even produced at Yamagata Casio — the “mother factory” of G-SHOCK — where the original model was created.

[2] Numerous indentations on the watch band

While extremely faithful to the original, this model has also been updated with contemporary features such as a high-brightness LED backlight and a bezel and band made with bio-based resin, a material expected to help reduce environmental impact.

Photo – https://mma.prnewswire.com/media/2566554/DW_5000R_KV_img_2500.jpg
Photo – https://mma.prnewswire.com/media/2566555/2.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/casio-to-release-re-creation-of-first-ever-g-shock-302316309.html

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