Interactive Brokers Increases Trading Opportunities with Overnight Hours

Interactive Brokers (NASDAQ: IBKR), a leading name in electronic trading, has recently announced a significant expansion of its Overnight Trading Hours service. This development now includes over 10,000 US stocks and Exchange Traded Funds (ETFs), granting investors greater access to trading opportunities around the clock.

Historically, Interactive Brokers pioneered the concept of Overnight Trading on US stocks and ETFs, a move that allowed trading activities to extend beyond traditional market hours. Now, the enhanced offering provides clients the ability to trade a more comprehensive range of US equities nearly 24 hours a day, five days a week.

With the flexibility to trade more US stocks and ETFs at their convenience, clients in different geographical locations such as Asia and Europe can now actively participate in a wider variety of US equities during their local market hours. This innovative change in trading hours is set to redefine the rules of traditional trading, offering flexibility and accessibility to global traders.

To further improve the Overnight Trading liquidity, Interactive Brokers is augmenting its proprietary IBEOS Alternative Trading System (ATS) with the Blue Ocean ATS. This addition exemplifies the company's continuous effort to connect traders with the most effective trading platforms to maximize their market participation and profitability.

“Overnight Trading is an invaluable service that aids our clients in making timely trading decisions and seizing investment opportunities at any hour,” Milan Galik, Chief Executive Officer at Interactive Brokers, commented on the upgrade. “By broadening Overnight Trading to encompass thousands of US stocks and ETFs, we provide our global clients with an increased choice of what and when to trade, virtually at any given time.”

With the integration of IB SmartRoutingSM technology, Interactive Brokers ensures optimal routing of orders placed during Overnight Trading Hours. This technology, therefore, becomes a valuable tool for clients who can now execute transactions with precision and ease, regardless of the time of day.

The implementation of regular market hours, extended hours, and Overnight Trading Hours by Interactive Brokers empowers its clients to trade eligible US stocks and ETFs nearly 24 hours a day, five days a week. Specifically, Overnight Trading Hours extend from 8:00 pm ET to 3:50 am ET, commencing the week's first session on Sunday at 8:00 pm ET and wrapping up the last session on Friday at 3:50 am ET. Notably, any trades executed between 8:00 pm ET and 12:00 am ET will carry a trade date of the following trade day, effectively offering an extended window for trading activities.

For the latest updates on the ever-evolving trading world, traders are encouraged to download and install the WikiFX App on their smartphones. Download the App here: https://www.wikifx.com/en/download.html.

In conclusion, the expanded Overnight Trading Hours from Interactive Brokers marks an important step forward in the democratization of financial markets, allowing traders worldwide to exploit investment opportunities beyond traditional trading hours.