Basics of trading U.S. stocks
2022-09-21 15:00uSMART

 

1. U.S. stock trading hours

Day-light saving (2nd Sunday in March to 1st Sunday in November)

 

U.S. eastern standard time(EST)

Singapore time (GMT +8)

Pre-Market Trading

04:00 – 09:30

16:00 – 21:30

Regular Market Trading

09:30 – 16:00

21:30 – 04:00

After-hours Market Trading

16:00 – 20:00

04:00 – 08:00

 

Non Day-light saving (1st Sunday in November to 2nd Sunday in March)

 

U.S. eastern standard time(EST)

Singapore time (GMT +8)

Pre-Market Trading

04:00 – 09:30

17:00 – 22:30

Regular Market Trading

09:30 – 16:00

22:30 – 05:00

After-hours Market Trading

16:00 – 20:00

05:00 – 09:00

 

2. Minimum trading unit and bid size for U.S. stocks

Unlike A shares or Hong Kong stocks, U.S. stocks do not adopt the concept of a board lot, and therefore there is no trading unit limit. The minimum trading unit is 1 share.

Minimum bid size:

Share price

Minimum bid size 

< US$1.00

US$0.001

> US$1.00

US$0.01

 

3. Share price fluctuation rage for U.S. stocks

Unlike A shares, U.S. stocks do not have daily share price limit up or limit down.  This may mean heightened risks, which investors should be aware of.

 

4. Day trade for U.S. stocks

Day trading can be highly risky, and please refer to the Day-Trading Risk Disclosure Statement to ensure you are aware of the relevant risk before you start conducting Day trading.

 

5. Clearance and settlement process for U.S. stocks 

U.S. stocks adopt the T+1 settlement process.  Clearance and settlement of trade are completed on the 2nd trading day after the day of the trade.

 

6. Trading holiday

View list of holidays