We’re giving you more time to trade the stocks you love.
Traditionally, the markets are open from 9:30 AM EST - 4 PM EST during normal business days. With extended-hours trading, you’ll be able to trade during pre-market and after-hours sessions.
- Pre-Market opens 30 minutes earlier, starting at 9:00 AM EST
- After-Hours trading continues for 2 hours, until 6:00 PM EST
That’s an extra two and a half hours of market access, every single day.
Here's the breakdown:
- Pre-Market Hours: 9 AM to 9:30 AM EST
- Regular Market Hours: 9:30 AM to 4 PM EST
- After Hours: 4 PM to 6 PM EST
During the extended-hours session, the price displayed on a stock’s Detail page is the stock’s real-time price.
Reasons to Trade the Extended-Hours Session
The companies you own shares of may announce quarterly earnings after the market closes. Depending on the outcome, the stock’s price can move much more than it would during the regular-hours session. With extended-hours trading you can capture these opportunities as they happen.
Activity in Foreign Markets
Foreign markets—such as Asian or European markets—can influence prices on U.S. markets. Activity on these markets happens outside core US market hours, and extended-hours trading allows you to capture opportunities around these events.
Order Types During the Extended-Hours Session
If you place a market buy order during the regular trading session, it will remain pending through the extended-hours session. Your market sell orders, however, will expire at the end of the regular trading session.
We automatically convert market orders into limit orders with a 5% collar to protect you from the increased volatility of the extended-hours session.
Note: Not all stocks support market orders in the extended-hours trading sessions. Placing a market order while all trading sessions are closed will queue the order for the opening of the next regular-hours day session (not the pre-market session).
You can choose to make your limit order valid through all hours (regular and extended) or only during regular market hours. If the stock is available at your target limit price and lot size, the order will execute at that price or better.
Stop orders won’t execute during the extended-hours session. The stop limit and stop loss orders you place during extended-hours will queue for market open of the next trading day.
A Good-for-Day order placed during the pre-market, day, or extended-hours session will automatically expire at the end of the extended-hours session. Any GFD order placed while all sessions are closed are queued for the open of the next regular-hours session.
A Good-til-Canceled order placed during the pre-market, day, or extended-hours session remains active through all sessions until it’s either executed in the market, or until you cancel it.
Keep In Mind
There’s less liquidity in the extended-hours session, meaning there are fewer other people in the market for you to transact with. This means your execution price can vary more than it would during regular market hours, so we suggest using limit prices if you want an exact price. You can learn more by checking out our Extended-Hours Trading Disclosure.
Learn more about how the stock market works here.