Isn't it illegal to trade stocks after the market closes?
2006-06-15 12:03:04 · 5 answers · asked by Yardbird 5 in Business & Finance ➔ Investing
They have extended hours trading that goes until 8pm EST and they also have pre-market trading early in the morning before the market opens.
2006-06-15 12:11:47 · answer #1 · answered by Ferdi 2 · 2⤊ 1⤋
Large blocks of stock routinely "trade" between institutions just past the 4:00 PM NYSE close. If they occur within 5 minutes past 4:00 PM, the posted stock price will change if that block trade occurred at a price different from the market close.
2006-06-15 21:47:42 · answer #2 · answered by Martin 2 · 0⤊ 0⤋
After hours trading isn't illegal. All stock exchanges have this option and it usually runs from 4:15 pm (eastern) to 8:00 pm (eastern).
2006-06-15 19:16:09 · answer #3 · answered by xls8000 2 · 0⤊ 0⤋
If I am not mistaken some Markets have after hours.
2006-06-15 19:06:24 · answer #4 · answered by sawilke1212 2 · 0⤊ 0⤋
Just because the NYSE closes doesn't mean that there is no market that is open.
2006-06-16 07:59:41 · answer #5 · answered by Ranto 7 · 0⤊ 0⤋