02 - Second lesson explained on the trading rules in US Stock Market.
It is necessary to understand common trading rules before entering the US stock market.
1. What are the trading hours of US stocks?
US stocks are usually start from 9:30 a.m. to 4:00 p.m., Monday through Friday (ET).
From March to November, Summer Time is from 9:30 p.m. to 4:00 a.m (GMT+8) .
Winter time, from November to March: 10:30 p.m. to 5:00 a.m. (GMT+8)
Pre-market trading hours: 4:00 a.m. -9:30 a.m. (ET)
Summer Time: 4.00 p.m.-9.30 p.m. (GMT+8)
Winter time: 5.00 p.m.-10.30 p.m. (GMT+8)
Post-market trading session: 4:00 p.m.-8.00 p.m. (ET)
Summer Time: 4.00 a.m.-8:00 a.m. (GMT+8)
Winter time: 5.00 a.m.-9:00 a.m. (GMT+8)
For more details, you can visit my previous blog post.
2. Is there a limit on the US Stock Price?
No. A stock may up 20% or more, down 20% or more in a day.
3. What is the minimum number of trading shares?
The minimum number of trading shares on the US stock market is One share.
4. How are securities/stocks being settled?
T+2. The payment of securities takes place two business days after the date of the order (T).
On T+2, brokers and clearing institutions officially move stocks from buyers' accounts to sellers' accounts and cash from sellers' accounts to buyers' accounts.