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ECN Hours of Operation

 

Exchange Hours of Operation

U.S. exchange after-hour markets
The NYSE and ASE provide crossing sessions in which matching buy and sell orders can be executed at 5:00 p.m. based on the exchanges' 4:00 p.m. closing prices. The BSE and PSE have post-primary sessions that operate from 4:00 to 4:15. CHX and PCX operate their post-primary sessions until 4:30 p.m. Additionally CHX has an "E-Session" to handle limit orders from 4:30 to 6:30p.m.

U.S. exchange after-hour markets Foreign exchange after-hour markets
Several foreign exchanges also trade certain NYSE-listed stocks. Hours are governed by those individual markets.

Extended (After Hours) Trading

Electronic communication networks (ECNs) have allowed institutions to participate in after-market trades since 1975; individuals joined the party in 1999. Typically, extended-hour trades must be done with limit orders.

Ameritrade / TD Waterhouse (via Island ECN) Hours: 8am-8pm Eastern; limit orders only during extended hours.

E*Trade (via Archipelago ECN) Hours: 8am-8pm Eastern; limit orders only during extended hours. Note that eextended-hours orders can be placed even during regular market hours; these orders may be filled during normal or extended-trading hours.

Fidelity (via Redibook) Hours: 7:30-915am and 4:15-8:00pm EST; restrictions on order types.

Harris Direct (via Redibook ECN) Hours: 8-9:15am and 4:15-7pm Eastern; limit orders only; round lots.

Schwab (via Redibook ECN) Hours: 7:30-9:15am and 4:15-8pm Eastern, Monday - Friday; limit orders only.

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