After hours trading ?

G

GauravC

Member
#1
#1
hi , could someone explain the concept and how after hours trading works ? Are gap up/downs a result of after hours trading ? .. pls throw some light ..

thanks
 
G

GauravC

Member
#2
#2
apparently in the states they even have a before hours trading for few hours .. anyone care to talk about and explain that ? .. i see on my terminal also orders being placed after mrkts close .. soo .. someone explain this to me pls .. thanks
 
U

uasish

Guest
#3
#3
There are two sessions Pre & Post normal Mkt Hrs.
Pre Mkt
........................
1) All Auction takes place between 9.15 to 9.45 .
2) All requisition of Stock Borrowings (for Short Selling) is done between 9.15 to 9.50

Post Mkt
.................................................
This session is for 15 mins.3.35 to 3.50 pm.
This session is exclusively for transactions amongst the Broker Members.Mainly to sq. up client's open trades of one Member Broker with equal & opposite trade by another client a/c of the other Member Broker,but the transactions are to be in the CLOSING PRICE only & deliveries are compulsarily to be made.
In Future Mkt as there are no deliveries; there the orders are to be placed before 3.30,say a huge order placed at 3.29 do not have matching qty then the counter party willing Member Broker takes those at post mkt session,provided that Member Broker also has an unexecuted ,opposite pending order.


The Opening Price is normally made by Matching the overnight orders ,placed after 4.00 pm ,lying in the system.It has no relation to the Post Mkt session.
 
G

GauravC

Member
#8
#8
I still haven`t understood exactly why a big sell off/rally on the dow for eg will result in a big gap down/up for us

uasish wrote :
The Opening Price is normally made by Matching the overnight orders ,placed after 4.00 pm ,lying in the system.It has no relation to the Post Mkt session.
Click to expand...
..overnight orders placed after 4:00 ? .. how and by whom ? could someone please explain ? thanks
 
G

gvgs98

Member
#9
#9
This is an interesting artifact to me!!!
-:)

uasish said:
There are two sessions Pre & Post normal Mkt Hrs.
Pre Mkt
........................
1) All Auction takes place between 9.15 to 9.45 .
2) All requisition of Stock Borrowings (for Short Selling) is done between 9.15 to 9.50

Post Mkt
.................................................
This session is for 15 mins.3.35 to 3.50 pm.
This session is exclusively for transactions amongst the Broker Members.Mainly to sq. up client's open trades of one Member Broker with equal & opposite trade by another client a/c of the other Member Broker,but the transactions are to be in the CLOSING PRICE only & deliveries are compulsarily to be made.
In Future Mkt as there are no deliveries; there the orders are to be placed before 3.30,say a huge order placed at 3.29 do not have matching qty then the counter party willing Member Broker takes those at post mkt session,provided that Member Broker also has an unexecuted ,opposite pending order.


The Opening Price is normally made by Matching the overnight orders ,placed after 4.00 pm ,lying in the system.It has no relation to the Post Mkt session.
Click to expand...
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
R How to choose stock for buy or short position during opening hours in day trading? General Trading & Investing Chat 7
W Trading Hours on Stock Exchanges 09:00 AM to 11:55 PM General Trading & Investing Chat 13
V Trading Hours Day Trading 2
B How to Trade gold 24 hours in India....I have been Trading Gold on MCX :) Commodities 1
DSM What do you do during trading hours? Trading Psychology 66

Similar threads