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US market
Markets & Trading
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US market
US market
OTC Trading/Pink Sheets FAQs
What is over-the-counter (OTC) trading?Over-the-counter (OTC) trading, also known as off-exchange trading, occurs in the OTC market. Unlike traditional exchanges, the OTC market does not have a physical location or a set group of members and is not regulated by a securities exchange. Instead, trades are conducted through a network of brokers, and the prices are not always publicly disclosed.The OTC market includes ap
Introduction to OrderBook
US Order Book provides 60 levels Bid and Offer, covering pre-market, regular, post-market, and overnight trading sessions.1. Feature Overview1.1 Depth ChartThe Depth Chart displays the number of buy and sell orders at various price levels. It is based on the top 60 levels of buy and sell orders.Horizontal Axis: It displays order prices. From left to right, the four prices are: the low price of the 60 bid levels, the
US Trading Rules
US Stock Market Trading HoursUS Eastern Standard Time (EST)09:30 AM – 16:00 PMSingapore Standard Time10:30 PM – 05:00 AMStandard Time09:30 PM – 04:00 AMDaylight Savings TimeDaylight Savings Time begins from the second Sunday in March and ends on the first Sunday of November each year. Standard Time begins from the first Sunday in November and ends on the second Sunday of March each year.US Stock Trading and Settlemen
Pre-Market and Post-Market Quotes Introduction
Pre- & post-market trading sessionIn addition to the regular trading sessions, US stocks also have extended pre-market and post-market trading sessions. Due to the 1-hour spread between daylight saving time and standard time in the United States, the trading sessions in GMT+8 are adjusted by 1 hour correspondingly. Daylight saving time begins on the second Sunday in March each year, and standard time begins on the fi
Order Types - US
Limit OrdersLimit ordersneed to specify the transaction price, and will only be executed when the market hits the specified price or better. Trading at a better price means that the shares are traded at a price lower than the limit price when being purchased or at a price higher than the limit price when being sold.Available trading hours:4:00 a.m. - 8:00 p.m. (EST)Supported order validity:Day/Good-till-canceled/Good
Market Order
What Is a Market Order?A market order is an order to buy or sell a security at the market's current best available price. Market order occurs when you provide instruction to Longbridge to execute a trade (buy or sell) immediately at the market price. It does not guarantee a specified price, and the investor cannot control the done price of the order.Is there anything I need to pay special attention to when placing a
Fractional Shares Trading
What is fractional shares trading?Fractional share trading allows investors to purchase a portion of a whole share. Fractional share trading can lower transaction costs, as investors can buy the exact dollar amount they want without having to purchase whole shares. This provides greater flexibility in managing portfolios and reduces the cost of entering the market.Which stocks are eligible for fractional share tradin
Short Selling Related FAQs
What is short selling?Short selling is a strategy employed when one anticipates a decline in the price of a stock. Instead of owning the stock, it involves borrowing shares from a brokerage to sell them. Should the stock's price drop, you can buy the stock back at a lower price and return it to the brokerage, profiting from the price difference.For instance, let's say the market price of a stock is $100 per share, an
US Overnight Trading FAQs
Introduction to US Overnight TradingOvernight trading hours run from 08:00 - 15:50 SGT during daylight saving time and 09:00 - 16:50 SGT during standard time.During a daylight saving day, the first session of overnight trading begins on Monday morning at 08:00 SGT and concludes early Monday afternoon at 15:50 SGT, while the last session takes place on Friday morning at 08:00 SGT and ends early Friday morning at 15:50
Options Trading FAQs
If a short call option is exercised, can I settle it with the underlying shares? Do I need to enable this function separately?Settlement using underlying shares is the default settlement method. No separate action is required to enable this function.Why do some US stocks not have options trading?Longbridge currently supports options trading for most US stocks with high liquidity. Stocks without options may be exclude
Basic Knowledge Of US Stock Options
Options BasicsWhat are stock options?A stock option is a standardised contract with a stock as the underlying asset, thus it can be traded on an exchange and settled by a clearing house.Stock options can be divided into call options and put options according to the differences of rights between right owners;American options and European options according to the exercise method;Cash settlement and physical delivery ac
American Depository Receipt Custody Fees
What is ADR?American Depositary Receipt ("ADR") refers to a negotiable certificate issued by U.S. commercial banks to facilitate the trading of foreign securities in the U.S. stock market. This certificate represents a specified number of shares of non-U.S. companies that are held by a U.S. bank, which in turn issues ADRs representing the shares, but not necessarily at a 1:1 ratio; for example, 5 shares of a company