Home US Stock Market Robinhood adds four additional hours to extended trading for clients

Robinhood adds four additional hours to extended trading for clients

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Robinhood adds four additional hours to extended trading for clients
  • Robinhood said Tuesday it now provides trading from 7 a.m. to 8 p.m. ET.
  • Until Tuesday, Robinhood offered trading 30 minutes before the open and two hours after the close.
  • “Our customers often tell us they’re working or preoccupied during regular market hours, limiting their ability to invest on their own schedule or evaluate and react to important market news,” Robinhood said in a blog post Tuesday.

As some Robinhood clients head back to the office following the pandemic, the stock trading app — which has experienced a slowdown in volume this year — is now offering extra hours in the morning and evening for its investors.

Robinhood said Tuesday it is adding four extra hours to the trading day. In a push to eventually provide 24/7 equities trading, Robinhood said it will be available from 7 a.m. to 8 p.m. ET.

Until Tuesday, Robinhood offered trading 30 minutes before the open and two hours after the close.

The U.S. stock market opens at 9:30 a.m. ET and closes at 4:00 p.m. ET as part of its regular session. Extended trading is allowed as early as 4 a.m. and goes as late as 8 p.m. and some electronic brokers do offer that extended access.

“Our customers often tell us they’re working or preoccupied during regular market hours, limiting their ability to invest on their own schedule or evaluate and react to important market news,” Robinhood said in a blog post Tuesday. “Our new extended trading hours for equities will give them more opportunities to manage their portfolio at a convenient time for them, whether that’s in the early morning or in the evening.”