Buying in pre-open??
- Thread starter nizar
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chops_a_must
Printing My Own Money
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If they call them fork-lifts, how come they don't lift forks?
Is this a joke? LOL
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nizar,
No you cannot trade pre-open. Pre-open allows bids/offers to be placed/amended in the market, but no trading. What this statement means is that offers during the pre-open were enough to open the price 0.6% lower when it did in fact open.
Nick
No you cannot trade pre-open. Pre-open allows bids/offers to be placed/amended in the market, but no trading. What this statement means is that offers during the pre-open were enough to open the price 0.6% lower when it did in fact open.
Nick
Oh I see, like an indicative opening?
That normally means nothing here especially 1hr before the open...
Thanks Nick.
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While it is true that you cannot trade pre-open, American markets have "after-hours" trading [open before and after the market closes]. e.g. I know for a fact that TD Waterhouse allows you to trade 7:30-9:30 am
chops_a_must
Printing My Own Money
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You asked for thoughts, I gave you mine.
Funny guy.
You didnt ask for thoughts, BUT ill give you mine.
Why are they called apartments when they are stacked together?
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I thought after hours trading was done on ECN's (electronic communications networks) like Instinet or Achipelago (don't think they exist in those forms now after being bought out)
Arca is thie new NYSE platform after Achipelago was bought out
http://www.nyse.com/productservices/nysearcaequities/1157018931781.html
Arca is thie new NYSE platform after Achipelago was bought out
http://www.nyse.com/productservices/nysearcaequities/1157018931781.html
http://www.time.com/time/world/article/0,8599,1613579,00.html
May have some effect????
May have some effect????
bigdog
Retired many years ago
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How is the pre-open SP calculated using BSL as example?
BSL: BLUESCOPE STEEL LIMITED
BSL last 11.69; buy 11.70; sell 11.50
Company Trading Status: Pre-Open
Indicative Price: 11.63 Surplus Volume: -77
BUYERS ------------- SELLERS
Orders Quantity Price - Price - Quantity
1 ---- 100 ---- 11.700 11.500 1,700
1 ---- 2,023 -- 11.670 11.630 2,500
2 ---- 2,000 ---11.650 11.690 654
1 ---- 45 ----- 11.600 11.700 1,087
1 ---- 84 ----- 11.560 11.710 4,184
1 ---- 1,000 -- 11.530 11.730 883
2 ---- 1,560 -- 11.520 11.740 3,000
5 ---- 2,498 -- 11.500 11.750 14,941
1 ---- 1,200 -- 11.490 11.760 4,000
3 ---- 15,550 - 11.480 11.800 450
BSL: BLUESCOPE STEEL LIMITED
BSL last 11.69; buy 11.70; sell 11.50
Company Trading Status: Pre-Open
Indicative Price: 11.63 Surplus Volume: -77
BUYERS ------------- SELLERS
Orders Quantity Price - Price - Quantity
1 ---- 100 ---- 11.700 11.500 1,700
1 ---- 2,023 -- 11.670 11.630 2,500
2 ---- 2,000 ---11.650 11.690 654
1 ---- 45 ----- 11.600 11.700 1,087
1 ---- 84 ----- 11.560 11.710 4,184
1 ---- 1,000 -- 11.530 11.730 883
2 ---- 1,560 -- 11.520 11.740 3,000
5 ---- 2,498 -- 11.500 11.750 14,941
1 ---- 1,200 -- 11.490 11.760 4,000
3 ---- 15,550 - 11.480 11.800 450
Yeh, so if we were in the states, the Yanks would say.
BSL was down 0.51% before the bell.
Or BSL eased 0.51% in pre-open trading.
WHich is totally misleading and a bit stupid.
NO TRADES HAVE GONE THROUGH.
Do any aussie papers/websites say this?
Or European?
Or any1 else?
Or just those yanks?
BSL was down 0.51% before the bell.
Or BSL eased 0.51% in pre-open trading.
WHich is totally misleading and a bit stupid.
NO TRADES HAVE GONE THROUGH.
Do any aussie papers/websites say this?
Or European?
Or any1 else?
Or just those yanks?
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Nizar, 3 people in this thread have explained it to you [wanye, bvbfan and I]. Nick Radge was incorrect.
You can trade US stocks outside of business hours. I do it from time to time. But I wouldn't recommend it because there is usually a wide spread so if you are in the wrong way getting out could cost you dearly.
One US morning a few months ago WYNN went up to over $120 in the premarket and went straight down from the open. Wish I had sold then
. I'm still holding WYNN hoping for some sort of rally. Fortunately, I have been protecting myself with options.
One US morning a few months ago WYNN went up to over $120 in the premarket and went straight down from the open. Wish I had sold then
. I'm still holding WYNN hoping for some sort of rally. Fortunately, I have been protecting myself with options.
