Regular trading hours are generally the time between 9:30 am and 4:00 pm, Eastern Time. Extended Hours Trading means trading outside of these regular trading hours, allowing you the ability to trade before and after the normal market hours.
What type of Extended Hours Trading is available?
SogoTrade offers an Extended Hours AM and an Extended Hours PM trading session.
Note: Only listed stocks can be traded during extended hours.
What are Extended Hours AM & PM durations?
These types of Extended Hours trading are classified as pure Extended Hours trading and are available in two sessions outside of these normal trading hours.
- Extended Hours AM- The Extended Hours AM trading session is from 7:00 am to 9:25 am ET, Monday through Friday, excluding market holidays. Orders placed with this duration are valid for these hours only.
- Extended Hours PM- The Extended Hours PM trading session is from 4:00 pm to 7:00 pm ET, Monday through Friday, excluding market holidays. Orders placed with this duration are valid for these hours only.
Back To Top
What Order Types are eligible for trading?
The only orders eligible for Extended Hours trading are straight equity limit orders.
Can I trade Advanced order Types?
NO. Advanced orders types- Stop orders, Stop Limit orders, Trailing Stop /Limit orders or other advanced order types are not acceptable order types for extended hours trading.
Back To Top
What are some of the risks involved in this type of Trading?
It is very important to understand some of the risks involved in extended hours trading. There is quite a difference between the trading in the regular market hours and the trading in the Extended Hours sessions.
- Lower liquidity in the extended hour’s sessions often leads to wider spreads and greater volatility in the stocks. There is a risk of getting an inferior price due to the illiquid nature of these markets.
- Most companies release earnings or other corporate information after the close of the regular market hours. This has the tendency to create above average price movements and volatility.
- There is often delayed quote and price information and Sogotrade can not guarantee the accuracy of price information that is available to the trader.
|