Plus500 Extends Trading Hours: Enhances Market Access

Plus500 extends trading hours, enhancing market access with pre- and post-market trading, offering greater flexibility and new opportunities for traders. Plus500 (LON: PLUS), a global multi-asset fintech company known for its proprietary trading platforms, has announced the launch of extended-hours trading for stock-based over-the-counter (OTC) products. This development enables Plus500 customers to trade these products outside the standard hours of major exchanges.

The addition of extended trading hours enhances the already robust Plus500 OTC trading platform, giving traders access to pre-market and post-market trading sessions, which occur before and after the official market hours. This feature allows users to place buy and sell orders even when markets are typically inactive.

Plus500 Extends Trading Hours with Pre- and Post-Market Access

The introduction of extended-hours trading aligns with Plus500’s mission to deliver cutting-edge products and services for its global clientele. The main advantages of this feature include:

• Expanded Market Access: Customers can now trade beyond regular market hours, offering more opportunities to capitalize on price movements. While some OTC platforms offer similar features, Plus500’s extended-hours trading positions it as a leader in the market, allowing trading from 4 am to 8 pm EST.
• Exclusive to the ‘Magnificent 7’ Stocks: This new feature applies specifically to select stock-based OTC products known as the “Magnificent 7,” which include prominent technology companies such as Amazon (AMZN), Apple (AAPL), and Microsoft (MSFT). These stocks are highly sensitive to global events and often demonstrate market leadership.
• Increased Trading Options: While extended-hours trading is now available, customers who prefer trading during regular market hours can continue to do so. This provides traders with greater flexibility and a broader range of strategies to suit their preferences.

Key Benefits of Extended-Hours Trading

This new offering provides multiple advantages for Plus500 users, including:

• Immediate Reaction to Market Events: With pre- and post-market trading, customers can quickly respond to events like corporate earnings reports or breaking news without waiting for the official trading session to start.
• Adaptability to Global Trends: Traders focused on stock-based OTC products will now be able to respond more effectively to global market developments as they happen.
• Increased Flexibility for Global Traders: Extended-hours trading offers greater flexibility for international customers, especially those in different time zones, such as Asia, allowing them to trade US-based shares without adjusting to US market hours.

Commenting on this new feature, David Zruia, Chief Executive Officer of Plus500, said: “We are excited to further expand the capabilities of our OTC trading platform. By introducing extended-hours trading on a number of stock-based OTC products, we have strengthened and diversified our product lineup, reaffirming our commitment to providing our customers with greater flexibility and accessibility to financial opportunities.”

For more broker reviews, visit: Broker Reviews.