US-based commission-free brokerage Firstrade is set to introduce overnight trading for stocks and ETFs in early 2025, enabling investors to trade 20 hours a day, five days a week. This move aims to provide international traders with more flexibility to respond to global market trends and breaking news.
Extended Trading Hours for Global Accessibility
The new trading schedule will extend from 8:00 AM ET to 4:00 AM ET the following day, bridging the gap between traditional US market hours and international time zones. By offering a broader trading window, Firstrade hopes to attract global investors who seek faster reactions to market shifts.
John Liu, CEO of Firstrade, highlighted the importance of this feature:
“At Firstrade, we strive to provide users with tools that allow them to seize market opportunities anytime, anywhere. With the addition of overnight trading, we’re enhancing the experience for our diverse, global investor base.”
Responding to Global Market Dynamics
The extended hours align with the growing demand for more agile trading options, especially in an increasingly interconnected global economy. Traders can now respond swiftly to global market developments and key events outside traditional hours, reducing missed opportunities.
Accessible Across Platforms
The overnight trading feature will be available on Firstrade’s online and mobile platforms, ensuring accessibility for all users. The company plans a phased rollout in early 2025, emphasizing user convenience and adaptability.
Firstrade’s Recent Innovations
Founded in 1985, Firstrade offers commission-free trading and a suite of financial products, including stocks, ETFs, fixed-income securities, and retirement services. In recent months, the company has introduced several new tools and partnerships to enhance its platform:
- Trading Central Integration: Firstrade expanded its mobile app in collaboration with Trading Central, incorporating tools like Technical Insight, TC Market Buzz, and thematic portfolios to support better investment decisions.
- AI-Driven Research Tool: In June, Firstrade launched FirstradeGPT, an AI-powered research and analysis tool developed with FinChat.io. The tool delivers detailed insights on global equities and key performance indicators.
Firstrade’s overnight trading initiative reflects its commitment to providing cutting-edge solutions for both domestic and international investors, further solidifying its position in the competitive brokerage market.
