Interactive Brokers, an automated global electronic broker, has expanded its Overnight Trading Hours service, which now lists over 10,000 US stocks and ETFs.
“Overnight Trading is an important service that helps our clients make timely trading decisions and capture investment opportunities around the clock,” said Milan Galik, CEO at Interactive Brokers.
“By extending Overnight Trading to thousands of US stocks and ETFs, our global clients have a greater choice of what and when to trade at almost any time,” he said.
Interactive Brokers’ regular market hours, extended hours and Overnight Trading Hours enable clients to trade eligible US stocks and ETFs nearly 24 hours a day, five days a week.
According to Galik, when clients choose Overnight Trading to place an order, the IB SmartRouting technology automatically routes the order to the optimal Overnight Trading destination.
Overnight Trading Hours are from 8:00 pm ET to 3:50 am ET, with the first session of the week beginning on Sunday at 8:00 pm ET and the last session ending on Friday at 3:50 am ET.
Any trades executed between 8:00 pm ET and 12:00 am ET will carry a trade date of the following trade day.
Interactive Brokers was one of the first brokers to introduce Overnight Trading on US stocks and ETFs, and the enhanced offering allows clients to trade an even broader range of US equities.
Clients now have the flexibility to trade more US stocks and ETFs when it’s convenient, and clients in Asia and Europe can trade a wider variety of US equities during local market hours, according to Galik.
To supplement the Overnight Trading liquidity provided by Interactive Brokers’ own IBEOS Alternative Trading System (ATS), Interactive Brokers is now connected to the Blue Ocean ATS.
Brian Hyndman, CEO of Blue Ocean Technologies, said: “We are pleased to collaborate with Interactive Brokers and help further our mission to give investors the ability to trade US markets regardless of their time zone.”
“Interactive Brokers is the perfect broker for us to connect to because of their global footprint and commitment to market access for investors worldwide,” he said.
