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What is 24-hour trading

1. What is 24-hour trading?

24-hour trading lets you buy and sell stocks around the clock, 5 days a week. It runs from Sunday 8:00 PM to Friday 8:00 PM ET, covering regular trading hours plus pre-market, post-market, and overnight trading sessions. You can place orders anytime during this period.

 

 

2. What are the trading fees associated with 24-hour trading?

They are the same as those charged during regular trading hours.

 

3. How to place a 24-hour order?

Stocks available for 24-hour trading are the same as those available for overnight trading, and you can tell by checking if there is a small "24" icon on the quotes page.

To place a 24-hour trading order, please follow the steps below:

  1. Go to the Trade page of a stock.

  2. Select 24 Hour Trading in the Session field.

  3. Enter the other necessary order parameters and submit the order.

Once submitted, you will be able to find your 24-hour trading orders in the order list.

 

4. What types of orders can I place during 24-hour trading?

Currently, you can place limit orders only.

 

5. On which trading day is a 24-hour order recorded?

In the context of 24-hour trading, a trading day runs from 8:00 PM to 8:00 PM ET the next day. Orders are recorded for the day the trading period ends. For example, an order placed on Monday at 10:00 PM ET is recorded for Tuesday.

 

6. What are the time-in-force options?

You can choose Day, Good-Till-Cancelled (GTC), or Good-Till-Date (GTD) as the time-in-force.

  • Day: Valid until the post-market trading session closes (8:00 PM ET) on the current trading day.

  • Good-Till-Cancelled (GTC) or Good-Till-Date (GTD): Valid until the post-market trading session closes (8:00 PM ET) on the last trading date.

7. Can I sell short during 24-hour trading?

No. It is not supported.

 

 

Important notes

  1. When the market transitions between different trading sessions, there may be a brief period, typically lasting several seconds, where open 24-hour orders cannot be executed.

    1. 24-hour orders that remain open by the end of the overnight session will transition to the pre-market session.

    2. 24-hour orders that remain open by the end of the post-market session will transition to the next day's overnight session.

  2. During the transition from the overnight session to the pre-market session, you may be unable to cancel orders for a brief period, which usually lasts only a few seconds.

 

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).

 

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