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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
Photo by Austin Hervias on Unsplash
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Key takeaways
- Nordnet, a leading Swedish financial services provider, has introduced pre-market trading for U
- stocks, a pioneering service in the Nordic region
- This new offering allows clients to trade stocks listed on the New York Stock Exchange (NYSE) and Nasdaq beginning at 13:00 Swedish time, 2
Nordnet, a leading Swedish financial services provider, has introduced pre-market trading for U.S. stocks, a pioneering service in the Nordic region. This new offering allows clients to trade stocks listed on the New York Stock Exchange (NYSE) and Nasdaq beginning at 13:00 Swedish time, 2.5 hours prior to the official market opening at 15:30. This early access empowers investors to capitalize on news and company reports released before the standard trading session.
While the stock selection and associated fees remain consistent with regular trading hours, Nordnet advises investors to be mindful of the unique risks inherent in pre-market sessions. Ara Mustafa, an investment coach at Nordnet, notes that these periods are typically characterized by reduced liquidity and wider bid-ask spreads. As a result, investors should recognize that pre-market trading can exhibit heightened volatility, with potentially more substantial price fluctuations compared to standard trading hours.
Related Topics
pre-market tradingNordnetSwedish brokerUS stocksShareville
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