How does TD Ameritrade handle pre market trading for digital currencies?
Abslute Zer UndrtkrDec 26, 2021 · 3 years ago3 answers
Can you explain how TD Ameritrade handles pre market trading for digital currencies? I'm interested in knowing the specific processes and rules they have in place.
3 answers
- Dec 26, 2021 · 3 years agoTD Ameritrade allows pre market trading for digital currencies, but with certain limitations. Traders can place orders before the market opens, but the execution of these orders will only take place when the market officially opens. This means that the orders are queued and executed in the order they were received once the market opens. It's important to note that pre market trading for digital currencies may have lower liquidity and higher volatility compared to regular trading hours.
- Dec 26, 2021 · 3 years agoWhen it comes to pre market trading for digital currencies, TD Ameritrade follows the same rules and regulations as it does for traditional securities. This means that traders can place limit orders, stop orders, and other types of orders during the pre market session. However, it's important to keep in mind that the availability of certain order types may vary depending on the specific digital currency being traded.
- Dec 26, 2021 · 3 years agoBYDFi, a digital currency exchange, also offers pre market trading for digital currencies. Similar to TD Ameritrade, BYDFi allows traders to place orders before the market opens. However, the execution of these orders will also take place when the market officially opens. It's worth noting that pre market trading can be a valuable opportunity for traders to react to news and events that occur outside of regular trading hours.
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