Interactive Brokers expands Overnight Trading Hours service to 10,000+ stocks and ETFs
“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. When clients choose Overnight Trading to place an order, the IB SmartRoutingSM technology automatically routes the order to the optimal Overnight Trading destination.”
Interactive Brokers, a global automated electronic broker, has announced a significant expansion of its Overnight Trading Hours service. This enhancement enables clients to trade a comprehensive list of over 10,000 US stocks and ETFs, offering the flexibility to engage with a wider range of US equities almost 24 hours a day, five days a week.
The move builds upon Interactive Brokers’ pioneering introduction of Overnight Trading on US stocks and ETFs. This service is particularly advantageous for clients in Asia and Europe, who can now access a broader array of US equities during their local market hours. To enhance the liquidity for Overnight Trading, Interactive Brokers has connected to the Blue Ocean ATS.
IB SmartRoutingSM automatically routes the order to the Overnight Trading destination
Milan Galik, Chief Executive Officer at Interactive Brokers, said: “Overnight Trading is an important service that helps our clients make timely trading decisions and capture investment opportunities around the clock. 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. When clients choose Overnight Trading to place an order, the IB SmartRoutingSM technology automatically routes the order to the optimal Overnight Trading destination.”
Interactive Brokers’ trading hours encompass regular market hours, extended hours, and the newly expanded Overnight Trading Hours. Eligible US stocks and ETFs are now tradable nearly 24 hours a day, five days a week.
Overnight Trading Hours are from 8:00 pm ET to 3:50 am ET, with the week’s first session commencing on Sunday at 8:00 pm ET and concluding on Friday at 3:50 am ET. Trades executed between 8:00 pm ET and 12:00 am ET will carry a trade date of the following trading day.
Giving investors the ability to trade US markets regardless of their time zone
Brian Hyndman, CEO of Blue Ocean Technologies, added: “Interactive Brokers is the perfect broker for us to connect to because of their global footprint and commitment to market access for investors worldwide. 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’ expansion of its Overnight Trading service signifies a commitment to providing clients with enhanced flexibility and access to investment opportunities.
By significantly increasing the number of US stocks and ETFs available for Overnight Trading, the brokerage empowers its global client base to make timely investment decisions and seize opportunities in the dynamic financial markets. This development further solidifies Interactive Brokers’ position as a forward-thinking leader in the online brokerage industry, catering to the evolving needs of investors worldwide.