Nordnet First in Sweden to Offer Pre-Market Trading on US Stocks

Nordnet has become the first major Swedish broker to offer pre-market trading of U.S. stocks to its customers. This new service enables clients to trade stocks listed on the NYSE and Nasdaq beginning at 1:00 PM Swedish time, two and a half hours before the standard market open. Nordnet states this early access allows investors to react swiftly to breaking news, such as company reports or influential social media activity, released outside of regular trading hours. Traders can leverage this opportunity to strategically position their portfolios before the broader market responds. The pre-market sessions offer the same stock selection and fee structure as standard trading hours. However, Nordnet advises investors to be aware of the specific risks associated with pre-market trading. Lower liquidity, often characteristic of these sessions, can lead to wider spreads between bid and ask prices and increased price volatility. To gain further market insights, investors can utilize Nordnet’s social investment network, Shareville, to follow the strategies and discussions of other Nordic traders.