Would someone mind explaining how after hours trading works? I've noticed that there is a lot of volume for a few stocks after hours, where do people trade these stocks?
2007-01-23 09:36:51 · 2 answers · asked by bri939 1 in Business & Finance ➔ Investing
After hours orders are similar to regular orders. However, they are routed a little differently and require a separate order slip to execute. Just check w/ your broker to see if they handle after market orders (most good ones do).
After hours trading takes place both before AND after regular market hours.
After market hours are from 400P - 630P ET
and before market from 800A ET until 930A ET
Not all stocks trade after hours. If you put in a stock order at 359P, do not assume that the order will be filled after hours. Most brokerage firms require you to submit a new order for after market hours trading, so as not to confuse the two orders.
Also, the after hours order volume is SIGNIFICANTLY lower than normal hours trading. So BE CAREFUL.
If you do submit an order aftermarket and it fills, be sure to cancel your original order else you might end up with more fills by the next day than planned!
Hope that helps!
2007-01-23 09:45:07 · answer #1 · answered by Yada Yada Yada 7 · 1⤊ 0⤋
After hours trading is for the professional institutions with millions to invest. It would be in the best interest of the individual investor to trade during normal market hours as the after hours trading is much
more precarious and the spread (difference between bid and ask) is
greater than in normal hours making it harder to agree on a price and achieve a trade execution.
2007-01-23 13:42:02 · answer #2 · answered by Anonymous · 0⤊ 0⤋