When are OTC orders executed?
OTC orders are executed only during core trading hours i.e. 9:30 PM ET to 4 PM ET. All OTC orders are valid only for that day's market session. Any order placed after 4 PM ET is considered queued for the following day’s market session.
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Can I trade OTC securities during Extended hours trading?
No, any OTC security order cannot be placed or executed during the Extended hours. It can only be executed during core trading hours (9:30 PM - 4 PM ET).
Can extended hours trade orders be placed during market hours?
Yes. An extended hours trade order can be placed at any hour of the day by following the steps mentioned on the linkhere. The orders can get executed during pre-market hours, market hours, or post-market hours Pre-Market hours: 04:00 AM EST 09:30 AM ...
What are OTC securities?
Over-the-counter (OTC) securities are securities that are traded via broker-dealer networks as opposed to acentralized exchange since they are not listed on any major exchange. Some common types of OTC securities include Bonds, ADRs, ETFs, Foreign ...
Who is eligible to trade OTC securities?
Subscribers of any plan can trade OTC securities.
What type of orders can be placed?
Whole shares trading is allowed when the order type is Market/Limit/Stop Orders. Fractional shares trading is allowed when the order type is Market/Stop Orders.