24X Bermuda Holdings LLC (24 Exchange)
24 Exchange is a privately held financial technology company that operates a multi-asset class trading platform. Founded in 2019 by Dmitri Galinov, its mission is to enable market participants to execute cost-effective trades across a growing range of financial instruments around the clock, aiming to lower costs and increase efficiency in global markets. The company's primary headquarters are located in Hamilton, Bermuda.
The company offers a suite of trading products and services, including brokerage-free FX Spot, the first anonymous fully electronic order book for FX Swaps, and Non-Deliverable Forwards (NDFs) with a unique workflow to bridge liquidity. Through its subsidiary, 24X National Exchange LLC, it also provides a platform for trading U.S. equities. The platform is designed to offer customizable pricing, liquidity bridging, and dynamic credit management, catering to both institutional and retail customers.
A significant development for 24 Exchange was the U.S. Securities and Exchange Commission's (SEC) approval in November 2024 for 24X National Exchange to operate as the first national securities exchange in the U.S. allowing 23-hour weekday trading of U.S. securities. This exchange officially commenced trading in October 2025, marking a milestone in extending access to U.S. equity markets for global investors. Dmitri Galinov serves as the Founder and CEO, leading the company's efforts to provide continuous market access and address the fragmentation of electronic markets.
Latest updates
