Through the Overnight Trading Hours on IBEOS, individual and institutional clients now have greater flexibility in trading and investing.
To make it easy for clients to trade US ETFs 23½ hours a day and five days a week, Interactive Brokers has launched Overnight Trading Hours at IBKR EOS ATS. The Overnight Trading Hours on IBEOS will benefit Interactive Brokers’ Asian clients that seeking access to the US Equity Market during their trading day.
Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers said that Global Investors need to respond to market-moving news whether or not it occurs only during regular US market hours. With Overnight Trading Hours on IBEOS, their individual and institutional clients now have greater flexibility when trading and can take advantage of investment opportunities around the clock. Steve added that traders using Interactive Brokers will be able to react immediately to market-moving news and trade comfortably at almost any time.
IBKR offers this feature on IBEOS in the following 24 US widely owned ETFs: FXI, SPY, EEM, GLD, SLV, DIA, UNG, TLT, IWM, QQQ, USO, SH, RWM, PSQ, AGG, DOG, EWA, EFA, EWJ, IJH, VTI, XLF, XLE, and XLK.
Overnight Trading Hours on IBEOS are from 8:00 pm ET to 3:30 am ET, with the first session of the week starting on Sunday at 8:00 pm ET, and the last session of the week ending Friday at 3:30 am ET. Any trades that occur during the Overnight Trading Hours will be completed as scheduled as if they had occurred during the next U.S. stock regular trading hour session.
All clients with a license to trade US Stocks will have access to Overnight Trading on IBEOS and can take advantage of a wide range of order types and free overnight market data.