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Abstract:Robinhood has announced the addition of new assets to its 24-hour market. Robinhood has increased the amount of symbols available in the US overnight to 922.
Robinhood has announced the addition of new assets to its 24-hour market. Robinhood has increased the amount of symbols available in the US overnight to 922.
The 24-hour market allows traders to make limited orders to buy full shares of some of the most traded ETFs and individual stocks 24 hours a day, five days a week. Customers can invest at any time, on their terms. Trading hours are from 8:00 p.m. ET on Sunday through 8:00 p.m. ET on Friday.
The broker stated, “At Robinhood, we believe that the future of investing is 24/7.” That's why we developed the Robinhood 24-Hour Market last year, providing our customers with unmatched market flexibility and access.
The broker guided investors on how they can access the Robinhood 24-Hour Market in-app. According to the broker,
Select your stock or ETF. Stocks and ETFs that are tradable 24 hours will be differentiated in-app. A 24 Hour Market list will also show the 922 stocks and ETFs that can be traded. This list includes many of the most popular symbols by trading volume.
1. Name your price. Customers can place 24 24-hour market orders in the Limit Order flow. As a first step, customers type in the maximum price they would pay for the security – or the minimum price they would sell for.
2. Set trading hours and time in force. Select the 24 Hour Market trading session and choose when a limit order should be executed by, or expire.
3. Select number of shares. After selecting how many shares theyd like to buy, traders will see a summary of the order, including the limit price, time in force, and total estimated cost. Swipe to submit, and the trade is submitted!
To further your understanding and keep current on the FX market. Visit the WikiFX website and become an informed trader.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.