Robinhood expands lineup of assets available to trade on Robinhood 24 Hour Market
Online brokerage Robinhood has expanded the list of assets available to trade on the Robinhood 24 Hour Market.
The total number of symbols available has risen from 95 to 226.
Using 24 Hour Market, people can place limit orders to buy whole shares of the most traded ETFs and individual stocks– such as TSLA, AMZN and AAPL– 24 hours a day, five days a week. 24 Hour Market lets customers invest when they want, on their schedule. Trading hours run from 8:00 pm ET on Sunday to 8:00 pm ET on Friday.
To use the Robinhood 24 Hour Market in-app:
- Select your stock or ETF. Stocks and ETFs that are tradable 24 hours will be differentiated in-app. A 24 Hour Market list will also show the 226 stocks and ETFs that can be traded. This list includes many of the most popular symbols by trading volume.
- Name your price. Customers can place 24 Hour Market orders in the Limit Order flow. As a first step, customers type in the maximum price they would pay for the security – or the minimum price they would sell for.
- Set trading hours and time in force. Select the 24 Hour Market trading session and choose when a limit order should be executed by, or expire.
- Select number of shares. After selecting how many shares they’d like to buy, traders will see a summary of the order, including the limit price, time in force, and total estimated cost. Swipe to submit.
Robinhood’s 24 Hour Market levels the playing field so extended trading is no longer exclusively reserved for those operating on U.S. East Coast hours. The company plans to continue innovating over time based on customer feedback.