Tiger Brokers Singapore has launched overnight trading for over 500 popular US stocks and exchange-traded funds ( ETFs ), offering 24-hour access to the US markets, five days a week, without additional fees.
The overnight trading service caters to the needs of local investors who have shown strong interest in accessing US markets, by aligning trading hours with Singapore’s daytime. It will operate Monday to Friday, 8am to 4pm ( GMT+8 ), accommodating the schedules of investors in the city-state.
During overnight trading sessions, investors can access crucial market data, including real-time trading charts, order books, and market depth through the Tiger Trade platform.
"Our data reveals that approximately 20% of our users’ engagement with popular US stocks occur during these extended trading hours,” says Tiger Brokers chief executive officer Ian Leong.
“The ability to trade outside traditional hours, coupled with access to comprehensive market data, empowers our clients to act swiftly and execute trades based on overnight market changes.
“This transcends geographical and time constraints, making this feature invaluable for our clients in Singapore, allowing them to integrate US stock trading into their daily routines,” Leong adds.