We are excited to announce that we are the FIRST stock trading app in Nigeria to launch extended-hours trading for our users! 🥳🥳
This means that you can now trade on the stock market when it is closed to everyone else
Let us break it down for you
Extended hours trading basically means any stock market trading that occurs outside the regular trading hours. They are grouped into two: pre-market trading and after-hours trading.
Just like the name suggests, pre-market stock trading occurs before the stock market officially opens for trading for the day. It takes place between 9am and 2.30pm, Nigerian time. On the other hand, after-hours stock trading occurs after the usual stock market hours are over for the day. It takes place between 9:00pm to 1:00am, Nigerian Time.
How do you make more cash from this?
With extended trading, you have the opportunity to trade in the stock market. It gives you the convenience and flexibility that may not be available during the standard trading hours.
Another advantage of extended trading is that it makes you proactive. In cases where companies announce earnings or speculations about a company milestone arise, you can quickly buy/sell accordingly (instead of waiting for the next day to take action). For example, you could have probably bought more $AMZN before the stock split some weeks ago 🌚
We can’t wait for you to enjoy this exciting new feature that you cannot get anywhere else. (Not bragging, just saying🌚)
