Robinhood to launch 24-hour trading in stocks and ETFs

let investors buy or sell a security at a specific price versus market orders under which trades are made at the best available price. Limit orders could dial down the exposure for customers to large price swings that can occur after hours when trading volume is thinner than in regular market hours.

Regular hours of stock trading Monday through Friday begin at 9:30 a.m. Eastern Time and end at 4 p.m. Eastern. So-called after-hours trade or extended hours are available at some brokerages, with trading running early as 4 a.m. Eastern and stretching to 8 p.m. Eastern. "It's the next step in evolving the market to how it should work, which is 24/7, and more like a piece of software rather than a brick-and-mortar institution that's tied to U.S. East Coast working hours," Robinhood's Chief Executive

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WSJ News Exclusive | Robinhood to Launch 24-Hour Trading on Weekdays in Stocks and ETFsThe brokerage firm plans to announce Wednesday that it will offer 24-hour trading of selected stocks and exchange-traded funds, five days a week.
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Robinhood stock rallies after earnings beat, plan to launch 24-hour trading as engagement wobblesShares of Robinhood Markets Inc. moved higher on Wednesday after the trading app reported first-quarter results that were better than expected.
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