What is overnight trading?

Overnight trading allows investors to buy and sell US-listed stocks outside of the regular and extended market sessions. It provides the opportunity to react to news and global market developments that occur after traditional trading hours.

Overnight trading takes place between:

  • 8:00 p.m. – 4:00 a.m. (ET, next trading day)

Together with the pre-market, regular, and after-hours sessions, overnight trading makes it possible to trade nearly 24 hours a day, five days a week.

Why trade overnight?

Overnight trading offers greater flexibility for investors who:

  • Want to respond to corporate announcements or global events released after the US market closes.

  • Prefer to trade during non-US business hours.

  • Seek continuous market access across time zones.

Key features of overnight trading

  • Eligible securities: Selected US-listed stocks and ETFs will be available.

  • Order types: Only limit orders are accepted during the overnight session.

  • Order execution: Orders are matched within the overnight session and do not carry over automatically into pre-market hours.

  • Trading hours: 8:00 p.m. – 4:00 a.m. (ET). Orders placed outside this window will be rejected.

Important considerations

  • Lower liquidity: Overnight trading volume is typically lower, which can lead to wider bid-ask spreads.

  • Price volatility: Prices may move sharply in response to limited trading activity or breaking news.

  • Execution risk: Limit orders may not fill if the specified price is not reached.

  • Market data: Quotes shown during overnight hours may differ from those displayed during regular trading sessions.

How to place an overnight trade

  1. Select an eligible US-listed stock or ETF.

  2. Choose “Overnight Trading” as the session type.

  3. Enter your order as a limit order with your desired price and quantity.

  4. Review and submit your order.