Why bother having a closing bell?
2007-02-15 08:40:04 · 5 answers · asked by Dansox 1 in Business & Finance ➔ Investing
Chetan gives a great answer. I will add that individuals are starting to use this period to trade, in additon to institutional investors. My prediction is that after-hours trading will become even more popular as Asia becomes more developed and more of a stock-market culture.
Alternatively, we might see more U.S. and European companies being listed on Asian stock markets, where trading can take place there (during trading hours in Asia).
2007-02-15 08:51:26 · answer #1 · answered by Allan 6 · 0⤊ 0⤋
Chetan is correct. Some advice though, if you are trading after hours only use limit orders. Sometimes the spread on the stock can become huge. Like $1000 ask and $.01 bid. So if you enter a market order this is what you will get. Always use a limit order after hours.
2007-02-15 09:57:25 · answer #2 · answered by Charles C 2 · 0⤊ 0⤋
After hours trading actually 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.
If you do submit an order aftermarket, be sure to submit a limit order as you can get horrible prices with a market order. 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!
2007-02-15 11:10:29 · answer #3 · answered by Yada Yada Yada 7 · 0⤊ 0⤋
The major stock exchanges (NYSE, Nasdaq) only operate between the hours of 9:30AM and 4:00PM. After hours trading refers to the trading that goes on outside of that trading time span. Most often, after hours trading volumes are mostly marked by institutional orders. Some online brokerages offer after hours trading, but most investors don't trade that often after hours.
2007-02-15 08:44:23 · answer #4 · answered by Chetan K 1 · 0⤊ 0⤋
Because there are still a few fluctations after the bell or maybe some news was just reported. Most of the time the stock will stop trading at the closing bell.
2007-02-15 08:46:44 · answer #5 · answered by nickhawkins21 3 · 0⤊ 0⤋