Day: June 24, 2024

Launch Of 24-Hour CFD Trading on US Shares – Relief from Risk of Gapping

Stock markets typically operate within set hours each day, leaving significant events such as corporate earnings reports or geopolitical developments to occur outside these trading windows. Pepperstone‘s introduction of 24-hour CFD trading on US shares allows traders to seize these opportunities as they happen, reducing the risk of gapping when markets reopen. “One of the biggest risks equity traders face is gapping risk, when the exchange reopens, and 24-hour CFD trading on US shares helps mitigate that.” – said Tamas Szabo, CEO of Pepperstone. Popular stocks of tech giants such as Nvidia, Tesla, and Apple are included in the offering. Fees start from $0.02 per share and there is no minimum commission for the new 24-hour CFD trading on US shares. This initiative aligns with the New York Stock Exchange’s consideration of round-the-clock trading, motivated by the cryptocurrency market’s success and the increased accessibility of trading platforms. Although other brokers have introduced the option to trade during extended hours on stock CFDs in the past, Pepperstone claims to be the first to offer this service on both the cTrader and TradingView platforms, with availability also on MT5. I don’t know about you guys, but I have a sleepless week ahead of me. Source: https://www.financemagnates.com/forex/pepperstone-rolls-out-24-hour-us-share-cfds-trading-on-multiple-platforms/ submitted by /u/FXgram_ [link] [comments]

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