Interactive Brokers 24 hours ETFs
Interactive Brokers has made a list of 24 selected ETFs available to trade around the clock from Sunday evening, east coast time, through to the close on Friday, by adding these funds to its US overnight trading facility.
Clients of Interactive Brokers, who are permissioned to deal in US stocks, will be able to trade these ETFs 23.50 hours a day, 5 days per week, allowing them to react to news stories, macroeconomic and geo-political events as they happen, rather than waiting for US markets to open.
The new trading hours and ETFs are available to both retail and institutional clients alike and will be traded via the firm’s IBEOS system. Trades can be submitted using multiple order types.
Which ETFs will be available for round-the-clock trading?
The range of ETFs is pretty broad and includes firm favourites such as SPY, QQQ, DIA and IWM, which track the S&P 500, Nasdaq 100, Dow 30 and Russell 2000 indices respectively. You can also short those indices by trading the SH, PSQ, DOG, and RWM inverse ETFs.
Sector ETFs XLF, XLE, and XLK, which track S&P 500 financials, energy and technology stocks are also on the list.
You can also trade Japanese and Australian equity markets via the ETFs EFA and EFJ, as well as the total US stock market via Vanguard’s VTI ETF. Emerging Markets can be traded using the ticker EEM.
Speaking about the extended trading hours Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers said:
“Global investors need to respond to market-moving news whenever it happens, not just during regular US market hours,”
“With Overnight Trading Hours on IBEOS, our individual and institutional clients now have greater flexibility (about) when to trade, and can take advantage of investment opportunities around the clock.”