Trading Desk: (617)
316-5620
Extended Hours Trading
Trading in the hours before and after the
formal market sessions has become increasingly
important for managing
equity portfolios. Whether it’s a surprise news
announcement requiring fast action, or a routine unfilled order that
needs executing, special expertise is necessary for trading
successfully in the pre-opening and after-hours markets. No
two markets are alike.
At Pulse Trading, we
have the skills and
experience to offer a highly-proficient extended hours
service in all electronic and listed markets. Our trading teams
start as early as 7:30 a.m. and finish as late as 5:30 p.m. (Eastern
Time), applying their extensive knowledge of the different venues to
seek out the best trading opportunities.
Variations in rules
and methodology among the platforms during pre-opening and after-
hour sessions are critical
factors. Among ECNs, for example, some only show their
own book, the rules for short selling can change, and opening and
closing times can be different. On listed markets, where much
of the after-hours focus is on matching buy and sell orders in
crossing sessions, stock exchanges are frequently experimenting with
new regulations, such as trade basket minimums.
Pulse’s proven
skills are challenged daily in the extended-hours sessions, because
of greater risks stemming from lower liquidity, higher volatility
and wider spreads. But even so, the extended hours market
offers the advantage of expanding the trading day and creating
fresh opportunities for
alert investors. Many buy-side desks, for example, rely on
Pulse’s ability to detect untapped liquidity when seeking to
capitalize on breaking news by using the extended market.
Pulse Trading, with its nationwide network of trading rooms, has built an industry-leading reputation for achieving best executions by using the entire array of active securities markets. Extended hours trading is an integral part of the Pulse service.
