24/5 Trading On Select Securities

Updated : Sep 12, 2019 in Articles

24/5 Trading On Select Securities


Online trading made trading
available to anyone. Mobile trading made
it available anywhere. Now, 24/5 trading–
on select securities– makes it available
virtually any time. TD Ameritrade clients using
the thinkorswim desktop, thinkorswim mobile, or TD
Ameritrade Mobile Trader, can take advantage of potential
opportunities in real time around the clock from
Sunday, 8:00 PM Eastern, to Friday, 8:00 PM Eastern. To participate, first make sure
your TD Ameritrade account is enabled for advanced features. Log in to
tdameritrade.com and click Client Services, then General. Under Elections and Routing,
find Advanced Features. Your status may include a
prompt to upgrade your account. Follow the prompt to familiarize
yourself with the terms and conditions of Advanced Features. Select the box to agree to
the changes to your account and click Submit. Note that no trades can be made
until your account has been upgraded. Upgrade requests submitted
before 9:00 PM Eastern time, are typically made
before the market-open on the next business day. Exceptions apply to
weekends and holidays. When your account
has been upgraded, the word Enabled appears
next to your status and you’re ready to
begin 24/5 trading. With advanced
features enabled, when you launch the
thinkorswim platform, you’ll notice a few changes. Now when you load a
symbol in the Tray tab, a purple EXTO-eligible
designation appears next to the symbol
at the top of the screen, if it’s eligible
for 24/5 trading. You can see all symbols
eligible for 24/5 trading on the pre-built public
watchlist, 24 Hour Trading. Entering an
extended hours order works a lot like
entering a regular order. After selecting the symbol
you’d like to trade, open the Order menu. In addition to the order
types you are used to seeing, two types of extended-hour
orders now appear. EXTO orders are
limit orders that are valid only for all
sessions of the current trade day until 8:00 PM Eastern. And GTC EXTO orders
are limit orders that are valid for all
sessions, 24 hours a day, five days a week for six
months from date of entry, until the order is either
filled or canceled. Review, confirm,
and send your order just as you normally would. 24/5 trading on
select securities. One more way TD Ameritrade is
putting the trading technology of tomorrow in our
clients’ hands today. [MUSIC PLAYING]

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