Extended-Hours Trading Quiz

What are the regular market hours for trading on the New York Stock Exchange?

• 8:00 a.m. to 4:00 p.m. Eastern Time

• 9:00 a.m. to 3:30 p.m. Eastern Time

• 9:30 a.m. to 4:00 p.m. Eastern Time

• 10:00 a.m. to 5:00 p.m. Eastern Time

Why might investors choose to trade during extended hours?

• To avoid all market news

• To react in real time to market news

• To avoid all risks

• To ensure higher liquidity

What is the purpose of announcements being made outside of market hours?

• To ensure immediate trading

• To increase trading volume

• To avoid any market reaction

• To give investors time to absorb information

What is a potential disadvantage of trading during extended hours?

• Narrower bid/ask spreads

• Stable prices

• Higher liquidity

• Lower liquidity

Which type of order is typically allowed during extended-hours trading?

• All order types

• Market orders

• Stop orders

• Limit orders

What is the timing for placing pre-market orders on Schwab?

• 8:05 p.m. to 9:25 a.m. ET

• 7:00 a.m. to 9:25 a.m. ET

• 4:05 p.m. to 8:00 p.m. ET

• 6:00 a.m. to 9:00 a.m. ET

Which of the following securities typically do not trade during extended hours?

• Mutual funds

• Stocks

• ETFs

• Futures

What is the duration for GTC + extended hours orders at Schwab?

• 180 calendar days

• 120 calendar days

• 60 calendar days

• 90 calendar days

Which platform should investors interested in overnight trading consider?

• Fidelity

• Robinhood

• E*TRADE

• thinkorswim®

What is a key risk of extended-hours trading?

• Stable prices

• Increased volatility

• No market news

• Guaranteed profits