Following
two prior announcements and a minor delay, Firstrade, a commission-free U.S.
brokerage firm, has introduced its new Overnight Trading feature, extending
market access for clients to almost 20 hours daily.
The new
service allows investors to trade over 1,200 stocks and ETFs from 8:00 a.m. to
4:00 a.m. ET the following trading day.
According
to the press release sent to Finance Magnates, extended market hours should
provide investors with more flexibility to react to global market events and
adjust their strategies outside of traditional market opening times. The move
comes as demand for extended trading capabilities continues to grow among
retail investors.
John Liu, CEO of Firstrade
“Firstrade
is committed to putting our clients first by continually enhancing their
trading experience,” said John Liu, CEO of Firstrade. “With Overnight Trading,
investors can respond more efficiently to international events and after-hours
market activities—seizing opportunities the moment they arise.”
Firstrade
first suggested it wanted to introduce 24-hour stock trading for U.S. markets
in November of the previous year. This was confirmed in February when the firm
announced that the service would be made available through a collaboration with
Blue Ocean Technologies, leveraging its alternative trading system, BOATS.
At that
point, Firstrade indicated the service would roll out by the end of the first
quarter of 2025. The company almost met this timeline, finally granting access
to traders in early April after managing a waitlist that began in February
24-Hours Real-Time Quotes
and Stock Charts
To support
the new trading hours, Firstrade has implemented 24-hour real-time quotes and
stock charts. These tools are designed to help investors track price movements
across all trading sessions and make informed decisions based on up-to-date
market data.
The
brokerage firm has also extended its customer support, offering professional
assistance around the clock to address any concerns or questions that may arise
during overnight trading sessions.
All stocks
and ETFs available through Overnight Trading are offered at no cost to clients.
Trade Wherever and
Whenever You Want
Firstrade’s
latest moves highlight a growing trend among investors who, with 24-hour market
access from their smartphones, no longer want to be tied to short, traditional stock
trading sessions.
For
example, The New York Stock Exchange (NYSE) is taking note and has been
considering the idea of all-day stock trading, inspired by the nonstop nature
of cryptocurrency markets. To better understand what investors think, the NYSE
recently started a survey to explore interest in extended hours and address any
potential worries.
There’s
clear evidence that people want more flexibility. A March report from Robinhood
showed that as much as 25% of its trading happens outside regular market hours.
Last year, Robinhood rolled out a 24-hour trading option, letting users place
limit orders from Sunday night through Friday night. Now, the NYSE is looking
into going further by possibly allowing full trading, including market orders,
around the clock.
Other
companies are already jumping on board. Interactive Brokers provides 24/5
trading for 10,000 U.S. stocks and ETFs, along with U.S. Equity Index futures
and options. Meanwhile, Webull teamed up with Blue Ocean Technologies to extend its trading hours, following a path similar to
Firstrade’s.
This shift
shows how the demand for constant market access is reshaping how investors
engage with stocks.
Want
the latest on 24-hour trading trends? Visit FinanceMagnates.com for my original
insights
Following
two prior announcements and a minor delay, Firstrade, a commission-free U.S.
brokerage firm, has introduced its new Overnight Trading feature, extending
market access for clients to almost 20 hours daily.
The new
service allows investors to trade over 1,200 stocks and ETFs from 8:00 a.m. to
4:00 a.m. ET the following trading day.
According
to the press release sent to Finance Magnates, extended market hours should
provide investors with more flexibility to react to global market events and
adjust their strategies outside of traditional market opening times. The move
comes as demand for extended trading capabilities continues to grow among
retail investors.
John Liu, CEO of Firstrade
“Firstrade
is committed to putting our clients first by continually enhancing their
trading experience,” said John Liu, CEO of Firstrade. “With Overnight Trading,
investors can respond more efficiently to international events and after-hours
market activities—seizing opportunities the moment they arise.”
Firstrade
first suggested it wanted to introduce 24-hour stock trading for U.S. markets
in November of the previous year. This was confirmed in February when the firm
announced that the service would be made available through a collaboration with
Blue Ocean Technologies, leveraging its alternative trading system, BOATS.
At that
point, Firstrade indicated the service would roll out by the end of the first
quarter of 2025. The company almost met this timeline, finally granting access
to traders in early April after managing a waitlist that began in February
24-Hours Real-Time Quotes
and Stock Charts
To support
the new trading hours, Firstrade has implemented 24-hour real-time quotes and
stock charts. These tools are designed to help investors track price movements
across all trading sessions and make informed decisions based on up-to-date
market data.
The
brokerage firm has also extended its customer support, offering professional
assistance around the clock to address any concerns or questions that may arise
during overnight trading sessions.
All stocks
and ETFs available through Overnight Trading are offered at no cost to clients.
Trade Wherever and
Whenever You Want
Firstrade’s
latest moves highlight a growing trend among investors who, with 24-hour market
access from their smartphones, no longer want to be tied to short, traditional stock
trading sessions.
For
example, The New York Stock Exchange (NYSE) is taking note and has been
considering the idea of all-day stock trading, inspired by the nonstop nature
of cryptocurrency markets. To better understand what investors think, the NYSE
recently started a survey to explore interest in extended hours and address any
potential worries.
There’s
clear evidence that people want more flexibility. A March report from Robinhood
showed that as much as 25% of its trading happens outside regular market hours.
Last year, Robinhood rolled out a 24-hour trading option, letting users place
limit orders from Sunday night through Friday night. Now, the NYSE is looking
into going further by possibly allowing full trading, including market orders,
around the clock.
Other
companies are already jumping on board. Interactive Brokers provides 24/5
trading for 10,000 U.S. stocks and ETFs, along with U.S. Equity Index futures
and options. Meanwhile, Webull teamed up with Blue Ocean Technologies to extend its trading hours, following a path similar to
Firstrade’s.
This shift
shows how the demand for constant market access is reshaping how investors
engage with stocks.
Want
the latest on 24-hour trading trends? Visit FinanceMagnates.com for my original
insights
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