Extended-hours trading
We’re giving you more time to trade the stocks you love.
Traditionally, the markets are open during normal business days. With extended-hours trading, you can also trade during our extended hours.
Extended hours give you an extra 6 ½ hours of trading, every single trading day:
Our app will show you the equivalent Singapore Time (SGT) that matches up with the US Eastern times for trading hours. For example, 9:30 AM ET is 12 hours behind SGT during US daylight saving time and 13 hours behind SGT during US standard time, so the market open will display as either 9:30 PM SGT or 10:30 PM SGT. Since US market close (4:00 PM ET) falls after midnight in SGT, the displayed close time will be on the next calendar day. Extended-hours trading (7:00 AM–8:00 PM ET) similarly spans from the evening through the following morning in SGT. All market dates, including ex-dividend and expiration dates, follow the US calendar, so always refer to the date shown in the app rather than your local SGT date.
During extended hours, the price shown on a stock's detail page is the stock's last trade price on a Nasdaq exchange (the Nasdaq Stock Market, NASDAQ OMX BX, or NASDAQ OMX PHLX). Orders made outside market hours and extended-hours trading are queued for the start of the next regular market session, according to your instructions. Robinhood 24 Hour Market has details about what you can trade 24 hours a day, 5 days a week.
There are risks to extended-hours or overnight trading. Check out Risk factors to consider for more details.
Not all securities are eligible for fractional trading during extended hours. If a security is not eligible, you can either place an order for whole shares or queue a fractional order for the start of regular market hours.
Robinhood 24 Hour Market eligible securities can only be traded as whole share orders during overnight hours.
Robinhood reviews the list of eligible securities on an ongoing basis and eligibility is determined based on liquidity conditions.
Our venues don’t support market orders during extended or overnight trading. Market orders placed during regular market hours expire at the end of regular market hours. Market orders placed during an extended-hours session, during the overnight session, or when all sessions are closed, will be queued for the opening of regular market hours.
We generally cancel fractional orders (including share-based orders that include a fractional share) if they’re unexecuted after 5 minutes of being eligible for execution.
For limit orders where you set the limit price, you specify which trading session (Market, Extended, or 24 Hour Market) your order is valid for. A limit order will execute at its limit price or better.
Limit orders with preset limit prices placed during regular market hours will expire at the end of regular market hours. If placed during an extended-hours session, and if the symbol is tradable during extended hours, these orders expire at the end of the last extended-hours session that day. If placed during extended hours, and if the symbol isn't tradable during extended hours, these orders are queued for regular market open.
Limit orders with preset limit prices placed while all sessions are closed or during the overnight session are queued for the start of the next regular market trading session. Keep in mind that a limit order won’t execute if it can’t be filled at the limit price or better.
We generally cancel fractional orders (share-based orders that include a fractional share and dollar-based shares) if they’re either limit orders with preset limit prices but are still unmarketable or unexecuted after 5 minutes of being eligible for execution.
Stop orders won’t execute during extended or overnight hours. The stop limit and stop loss orders you place during extended or overnight hours will queue for the opening of regular market hours on the next trading day.
Stop orders won’t execute during extended or overnight hours. The stop limit and stop loss orders you place during extended or overnight hours will queue for the opening of regular market hours on the next trading day.
You should consider the following points before engaging in the extended or overnight trading sessions.
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 during extended hours as compared to regular market hours. As a result, your order may only be partially executed, or not at all.
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 during extended hours than during regular market 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 market hours.
The prices of securities traded during extended hours may not reflect the prices either at the end of regular market hours, or upon the opening of regular market hours on the next trading day. As a result, you may receive an inferior price when engaging in extended hours trading than you would during regular market hours.
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.
Normally, issuers make news announcements that may affect the price of their securities after regular market hours. Similarly, important financial information is frequently announced outside of regular market 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.
The spread refers to the difference between the price at which a security can be purchased and the price at which it can be sold. Lower liquidity and higher volatility in extended or overnight trading may result in wider than normal spreads for a particular security, which in turn can cause you to receive an inferior price.
You can learn more in Extended-Hours Trading Disclosure.
Learn more about how the stock market works in What is the Stock Market?
All investments involve risks, including the loss of principal. Investors should consider their investment objectives and risks carefully before investing.
Fractional shares are not liquid outside of Robinhood and not transferable. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, review the Fractional Shares section in our Customer Agreement.
Content is provided for informational purposes only, which does not constitute investment advice, and is not a recommendation for any security or trading strategy. All investments involve risk, including the possible loss of capital. Past performance does not guarantee future results.
Robinhood Singapore Pte. Ltd. (“RHSG”) (Reg. No. 202416011D) is licensed by the Monetary Authority of Singapore as a capital markets services licensee permitted to deal in capital markets products, and does not provide tax, legal, or investment advice or recommendations. Products and services offered in Singapore are provided by RHSG, and nothing in the published material constitutes an offer or solicitation to conduct business in any other jurisdiction.