Robinhood in the US Extends Stock Trading Hours by 4 Hours... Until 8 PM

[Asia Economy New York=Special Correspondent Joselgina] U.S. Robinhood announced on the 29th (local time) that it will extend the stock trading hours through its application by 4 hours.

According to the economic media CNBC, Robinhood will allow buying and selling stocks from 7 a.m. to 8 p.m. Eastern Time. This is ultimately a step toward supporting 24-hour trading. Until now, Robinhood's app trading hours were from 9 a.m., 30 minutes before the market opens, to 6 p.m., 2 hours after the market closes.

The New York Stock Exchange opens at 9:30 a.m. and closes the regular session at 4 p.m. After-hours trading is from 4 a.m. to 8 p.m., excluding regular trading hours.

Robinhood stated, "Our customers often say that they work or are busy during regular market hours, making it difficult to invest and respond by evaluating important market news according to their schedules," adding, "By extending stock trading hours, we will provide customers with more opportunities to manage their portfolios at convenient times, whether early in the morning or in the evening."

CNBC added that competitors such as Charles Schwab, Interactive Brokers, and Fidelity support after-hours trading from 7 a.m. to 8 p.m. Robinhood's stock price has fallen about 28% this year as trading volume has slowed.

This content was produced with the assistance of AI translation services.