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Nordnet First Swedish Broker to Offer Pre-Market Trading of US Stocks
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Heartspace News Desk
•Source: Dagens industri
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Key takeaways
- Nordnet has become the first major Swedish broker to offer pre-market trading of U
- stocks, according to Dagens industri
- Investors can now trade NYSE and Nasdaq-listed equities starting at 13:00 Swedish time
Nordnet has become the first major Swedish broker to offer pre-market trading of U.S. stocks, according to Dagens industri. Investors can now trade NYSE and Nasdaq-listed equities starting at 13:00 Swedish time.
Nordnet investment coach Ara Mustafa states that this service enables investors to react promptly to breaking news, such as corporate earnings releases or significant events occurring outside of standard market hours. This allows traders to capitalize on new information before the regular market session begins.
However, Mustafa cautions investors about the inherent risks of pre-market trading. Reduced liquidity and wider bid-ask spreads, resulting from fewer participants, can lead to increased market volatility. While trading mechanics and fees remain consistent with regular trading sessions, understanding these risks is crucial for informed participation.
Related Topics
Nordnetpre-market tradingUS stocksSwedish brokerNYSENasdaqShareville
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