TD Ameritrade Introduces 24/5 Access To US Equity Markets

KUALA LUMPUR, Jan 23 (Bernama) -- TD Ameritrade Inc., a retail broker-dealer subsidiary of TD Ameritrade Holding Corp, has introduced 24 hours a day, five days a week access to United States equity markets for investors. Qualified clients can buy or sell select exchange-traded funds from 8pm, Sunday to 8pm, Friday in Eastern time. “This is a monumental first for our industry and retail investors. People have busy lives; they want access to their finances anytime, and on any device,” said TD Ameritrade’s executive vice-president (Trading and Education), Steve Quirk, in a statement. “Online trading has made the markets available to anyone, while mobile trading has made the markets available from anywhere and now 24-hour trading will make the markets available anytime.” He said currently, clients who performed research after market hours had to wait until the next day to transact based on their research findings. “Now, through the thinkorswim platform and the TD Ameritrade Mobile Trader application, clients can access overnight trading,” it added. Extended hours trading is not available on market holidays and subject to unique rules, restrictions and risks, including lower liquidity and higher volatility. -- BERNAMA