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Nordnet First in Sweden to Offer Pre-Market Trading on US Stocks
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Heartspace News Desk
•Source: Dagens industri
Photo by Austin Hervias on Unsplash
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Key takeaways
- Nordnet has become the first major Swedish financial services provider to offer pre-market trading of U
- stocks, according to Dagens Industri
- This new functionality allows investors to trade shares on the NYSE and Nasdaq beginning at 13:00 CET, two and a half hours before the standard market open
Nordnet has become the first major Swedish financial services provider to offer pre-market trading of U.S. stocks, according to Dagens Industri. This new functionality allows investors to trade shares on the NYSE and Nasdaq beginning at 13:00 CET, two and a half hours before the standard market open.
This early access provides investors with the advantage of reacting swiftly to market-sensitive information, including company earnings reports and breaking news, released outside of regular trading hours.
However, Nordnet advises that pre-market trading involves substantial risks. Due to reduced participation, liquidity is typically lower, potentially resulting in wider bid-ask spreads and increased volatility compared to regular trading sessions. While the trading mechanics and associated fees remain consistent, investors should carefully consider these unique pre-market conditions before participating.
Related Topics
pre-market tradingNordnetSwedish marketU.S. stocksSharevilleinvestmentfinancial services
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