Trade Stocks, Options & Bonds Around the Clock
Overnight Trading | Extended Hours Trading | After Hours
Seize Market Opportunities
Now you can take advantage of breaking market news when it happens, on your schedule.
Trade over 10,000 US Stocks and ETFs, U.S. equity index options, treasuries, global corporate bonds, European government bonds and UK gilts. Dual market centers to help ensure reliable overnight trading.1
What Time is Overnight Trading?
Overnight Trading on US Stock & ETFs
Overnight Trading Hours for US stocks and ETFs are:
8:00 pm ET to 3:50 am ET
- The first session begins on Sunday at 8:00 pm ET (New York time).
- The last session ends on Friday at 3:50 am ET (New York time).
- Trades executed between 8:00 pm ET and 12:00 am (midnight) ET will carry a trade date of the following trade day.
View U.S. Stock Market Trading Hours (Regular, Extended Hours & Overnight Trading Sessions
All clients with US Stock trading permission have access to US Overnight Trading and free overnight market data.
Log into your account to add trading permissions for US Stock trading permissions or click on the button below to open a new account.
US Treasuries, European Government Bonds and UK Gilts
Trade US Treasuries, European Government Bonds and UK Gilts Around the Clock Five Days per Week
Trading of US Treasuries, European Government Bonds and UK Gilts is now available up to 22 hours each day!
- Daily trading session opens at 8:00 pm US Eastern Time (ET) and closes at 5:00 pm ET (New York time).
- From November to early March, trading hours are 7:00 pm to 5:00 pm ET (New York time).
How to Log in to Request Trading Permissions
Log into Account Management/Client Portal
Click the User ("Head/Shoulders" icon) > Settings menu. From the Settings page, click Trading Permissions to request additional trading permissions.
Trading permission upgrades are subject to a compliance review, which is typically completed within 1-2 business days.
Overnight Trading FAQs
Frequently Asked Questions: Please call us at 919-719-7200 if you cannot find an answer to your question here or if you need additional help.
Yes, you should strongly consider the following information, along with our Extended Hours Trading Disclosure, before engaging in extended hours trading. "Extended hours trading" means trading outside of "regular trading hours." "Regular trading hours" has generally meant the time between 9:30 a.m. and 4:00 p.m. Eastern Standard Time.
- Risk of Lower Liquidity. Liquidity refers to the ability of market participants to buy and sell securities. Generally, the more orders that are available in a market, the greater the liquidity. Liquidity is important because with greater liquidity it is easier for investors to buy or sell securities, and as a result, investors are more likely to pay or receive a competitive price for securities purchased or sold. There may be lower liquidity in extended hours trading as compared to regular trading hours. As a result, your order may only be partially executed, or not at all.
- Risk of Higher Volatility. Volatility refers to the changes in price that securities undergo when trading. Generally, the higher the volatility of a security, the greater its price swings. There may be greater volatility in extended hours trading than in regular trading hours. As a result, your order may only be partially executed, or not at all, or you may receive an inferior price when engaging in extended hours trading than you would during regular trading hours.
- Risk of Changing Prices. The prices of securities traded in extended hours trading may not reflect the prices either at the end of regular trading hours, or upon the opening the next morning. As a result, you may receive an inferior price when engaging in extended hours trading than you would during regular trading hours.
- Risk of Unlinked Markets. Depending on the extended hours trading system or the time of day, the prices displayed on a particular extended hours trading system may not reflect the prices in other concurrently operating extended hours trading systems dealing in the same securities. Accordingly, you may receive an inferior price in one extended hours trading system than you would in another extended hours trading system.
- Risk of News Announcements. Normally, issuers make news announcements that may affect the price of their securities after regular trading hours. Similarly, important financial information is frequently announced outside of regular trading hours. In extended hours trading, these announcements may occur during trading, and if combined with lower liquidity and higher volatility, may cause an exaggerated and unsustainable effect on the price of a security.
- Risk of Wider Spreads. The spread refers to the difference in price between what you can buy a security for and what you can sell it for. Lower liquidity and higher volatility in extended hours trading may result in wider than normal spreads for a particular security.
The overnight trading session, which is in addition to pre-market and after-hours trading sessions, allows you to trade on your timetable and potentially capture more market opportunities by entering orders for a wide range of US ETFs and more popular US stocks outside of traditional market hours.
Overnight Trading Hours for US stocks and ETFs: 8:00 pm ET to 3:50 am ET.
- The first session begins on Sunday at 8:00 pm ET
- The last session ends on Friday at 3:50 am ET.
- Trades executed between 8:00 pm ET - 12:00 am ET will carry a trade date of the following trade day.
The US overnight trading hours are 8pm ET to 3:50am ET Sunday to Friday.
• First trading session of week: Sunday 8pm to Monday 3:50am
• Last trading session of week: Thursday 8pm to Friday 3:50am
Please Note
• Trades executed between 8:00 pm and 12:00 am will carry a trade date of the following trade day.
No. The overnight trading session is an additional trading session that operates between 8:00 pm ET to 3:50 am ET. The pre-market and after-hours trading sessions are different.
Pre-market Trading Session
During the pre-market sessions, orders can be placed between 8:05 pm (previous trading day) and 9:25 am ET. These orders are eligible for execution between 7:00 am and 9:25 am ET.
Trade over 10,000 US Stocks and ETFs, U.S. equity index options, treasuries, global corporate bonds, European government bonds and UK gilts.
For specific securities currently available to trade during the US overnight trading session that are available, please give us a call at (919)719-7200 or check out our Securities Search Tool and search by "Overnight."
Trading in the US overnight trading session is available to Place Trade brokerage accounts. US Stock trading permissions are required along with an updated 'After Hours Trading Risk Disclosure' form that has been signed.
No, orders from Regular Trading Hours (RTH) and those orders marked to work outside RTH will not be eligible for the overnight session.
Place Trade is now offering the ability to trade US ETF Securities and more popular US stocks during Asia-Pacific (APAC) trading hours.
- Please Note
US stocks are not allowed to be traded on the Overnight trading venue the day before or the day after a corporate action. - To place orders using TWS, you need TWS build 10.20.1c or later.
Yes, market data is provided free of charge during the US overnight trading session.
The commission charged during the US overnight session is the same commission you are charged during regular trading hours.
For an overview of the pricing structure for US Stocks and ETFs, please refer to our website under the Pricing menu followed by Commissions.
Please Note
Overnight trading will be treated as SMART routed for commission purposes.
Pattern Day Trading (PDT) rules apply in the US overnight trading session. Overnight trades are for the next business date. A buy in the overnight session (for the next business date) followed by a sale on that business date (early, regular or late hours) would be considered a day trade.
When you submit an overnight stock or ETF order, the "overnight" parameter is considered a destination.
Please Note
To place orders using TWS, you need TWS build 10.20.1c or later.
Trading in fractions is not permitted in the US overnight trading session.
Only Day Limit orders are allowed in the US overnight trading session. In this scenario, "DAY" implies the time during which the overnight market is open. Orders will only be active during the overnight trading hours and will expire automatically at 3:50am ET if not executed.
The Overnight venue comprises multiple destinations. We display the best bid and ask from the included providers.
PT’s US overnight trading sessions observe the New York Stock Exchange’s ("NYSE") holiday schedule in that PT will not operate an overnight trading session when the NYSE is closed the next day (e.g., if the NYSE is closed on a Friday, PT will not operate a trading session that Thursday evening/Friday morning). PT does not adjust the overnight trading hours of operation on days the NYSE has a scheduled early close.
Orders in the US overnight trading session must be limit orders with a minimum price increment of $0.01.
There are no restrictions on the maximum or minimum price that can be specified.
Learn More About Overnight & Extended Hours Trading
9 Risks to Consider Before Trading Outside of Regular Market Hours
After-Hours Trading: Understanding the Risks
Having the opportunity to get a jump on breaking news and place trades after-hours can lead to potential market opportunities, however, it can also open you up to additional risks. Learn more about the added complexities and risks that are important to understand and please review our firm specific disclosures before you get started
^1 Risk Disclosures
Please be sure to read the specific risks provided to you when opening your account and/or adding trading permissions for trading stock and other securities, as well as the information regarding additional risks of after-hours trading. It’s essential to understand these policies fully prior to investing.
Any discussion or mention of a stock or ETF is not to be construed as a recommendation, promotion or solicitation. All investors should review and consider associated investment risks, charges and expenses of the investment company or fund prior to investing. Before acting on this material, you should consider whether it is suitable for your particular circumstances and as necessary, seek professional advice.
Risks of Trading Stocks
The risk of loss in trading stocks, bonds, mutual funds, options, and other securities can be substantial.
Risks of Trading Stocks
Please read our discussion of the risks of trading stocks and speak with your tax and/or legal advisor prior to investing in stocks.
Risks of Trading Options
Options are not suitable for all investors. Please read the "Characteristics and Risks of Standardized Options" guide prior to trading options along with the relevant risk disclosure statements on our website and account-related documents. Further, you should speak with your tax and/or legal advisor before trading options.
Risks of Trading Bonds
Please read our discussion of the risks of trading bonds and speak with your tax and/or legal advisor prior to investing in bonds.
All investing involves risk, including the possible loss of principal, and there can be no assurance that any investment strategy will be successful.
Additional Information
All investing involves risk, including the possible loss of principal, and there can be no assurance that any investment strategy will be successful.
Brokerage products are NOT FDIC insured or bank guaranteed and may lose value. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
PLACE TRADE®, PTSM, PTFSM, PlaceTrade.com™, Place TraderSM, Place Trader WorkstationSM, The Smart Place to Trade™, The Smart Place for your IRA™, The Smart Place for your 401(k)™, The Smart Place to Trade Options™ Financial Quarterback™, Jonesitus™ and The Bond Queen™ are service marks and/or trademarks of Place Trade Financial, Inc.
Please note that while Place Trade strives to offer extremely low overall trading costs, we would like to remind investors that there will be trading costs associated with investing, trading and holding a brokerage account.
Brokerage commissions and exchange fees along with potential other account fees, fund expenses and service fees may apply. Expenses related to your investment account may vary depending on the type of investments that you choose to hold, type of account, level of activity, account balance, tax withholding or other possible factors. Please consider your overall trading costs prior to investing.
The information on this website is for discussion and information purposes only. Nothing contained herein should be considered as an offer to buy or sell any security, securities product or service, nor should be considered as investment, legal or tax advice.
Place Trade Financial is a registered broker dealer (Member FINRA/SIPC) however it is not registered in all states or jurisdictions.
Place Trade does not solicit securities, products or services in any jurisdiction where it is not authorized to do so. Please contact Place Trade Financial at 1-800-50-PLACE (1-800-507-5223) or 1-919-719-7200 for further information. Systems response and access times may vary due to market conditions, system performance as well as other factors. All accounts are accepted at the discretion of Place Trade Financial.
Place Trade Financial, Inc. does not provide investment advice to online trading clients/accounts, online institutional accounts or any other individual or account that is not specifically set up as a full service client and on a full service commission and fee schedule. Place Trade Financial, Inc. will only provide investment advice to full service clients that are specifically set up for full service trading and advice. (Full Service clients work with experienced financial consultants and pay full service commissions and fees which are different than online trading commissions and fees.) To take advantage of both our Online Trading and Full Service flexible client benefits please call 1-919-719-7200 today! Documentation for any claims and/or statistical information will be provided upon request. Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations.
The risk of loss in trading stocks, bonds, mutual funds, options, and other securities can be substantial. Options are not suitable for all investors. For more information please read the "Characteristics and Risks of Standardized Options" guide prior to trading options along with the relevant risk disclosure statements on our website.
Trading on margin is only for sophisticated investors with high risk tolerance. You may lose more than your initial investment. (The amount you may lose may be greater than the amount that you started with or more simply put; you can lose more than the amount that you actually put into an investment when trading on margin.) Please follow these links for additional information regarding trading on margin and margin loan rates.
IMPORTANT: The projections or other information generated by any investment analysis tools regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results.
Place Trade does not offer futures or forex trading at this time.
Place Trade Financial, Inc. does not provide tax advice to online trading clients/accounts, online institutional clients/accounts or any other individual or account at any time. Please speak with your own personal tax advisor, CPA or tax attorney prior to making tax related decisions.
Please Note: Any symbols displayed are for illustrative purposes only and do not portray a recommendation. Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
This website includes links to other third party sites. Any links to third party sites, including any site that does not specifically include PlaceTrade.com in both the URL/domain name title, frame source code and ICANN's WHOIS database, are not owned or controlled by Place Trade Financial, Inc. Place Trade cannot be responsible for the content, policies, procedures, media, source code, systems, security, certificates, instrumentalities, patents, trademarks, copyrights, original art, algorithms, configuration or any other function, form or facet of websites that it does not own or control including any other sites that may be referred or linked either to or from such sites, whether specifically stated, used or implied in any way. For information regarding other websites, please contact those websites or companies directly.
Learn More
Please contact us at (919) 719-7200 for additional information or to obtain a copy of our latest disclosures. While we have provided a link for more information below, we recommend reaching out to us directly to ensure that you have the most up-to-date information before making any investment decisions.
- Products & Services
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- Market Volatility & Risks
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- Order Routing Practices
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- Bond Trading - Risks
- US Market Trading Hours
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