How to trade out-of-hours: pre-market and post-market
Discover how our pre-market, post-market and weekend trading offerings can enable you to make the most of price movements outside of regular market hours.
Start trading today. For account opening enquiries call 1800 601 799 between 9am and 6pm (AEDT) weekdays, or email newaccounts.au@ig.com.
Contact us: 1800 601 799
Start trading today. For account opening enquiries call 1800 601 799 between 9am and 6pm (AEDT) weekdays, or email newaccounts.au@ig.com.
Contact us: 1800 601 799
What is out-of-hours trading?
Out-of-hours trading is any trading activity that takes place outside of a market’s standard trading window. A range of our markets are available for out-of-hours trading, including shares, indices and options.
Out-of-hours trading can be separated into:
- Pre-market trading, which takes place before the main trading session opens
- Post-market trading, which takes place after the main trading session closes
- Weekend trading, which enables you to trade selected markets on Saturday and Sunday
Why trade out-of-hours?
When you trade during pre-market, post-market or weekend sessions, you can:
- React to breaking news and company earnings reports as they happen
- Open, edit or close a position outside of the main market session
- Hedge your exposure if breaking news is likely to affect an existing position
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What out-of-hours sessions are available?
What is pre-market trading?
Pre-market trading enables you to trade a market before the main session opens. For example, most Australian traders can only trade the US stock markets from 1:30am to 8am AEDT*, but with our extended hours you can trade for much longer. We offer extended and pre-market hours on All Sessions stocks, indices and options.
* Note, these times do change when daylight savings ends/starts across AU/UK/US timezones.
We also provide weekend trading before the Monday open on selected global indices and the GBP/USD forex pair – which you won’t get with any other provider.
What is post-market trading?
Post-market trading enables you to trade after the main session closes. As with the pre-market trading hours example, most Australian traders can only access US stock markets from 1.30am to 8am AEDT*. Post-market trading could grant you access to these markets for hours after they close. Our extended hours on All Sessions stocks, indices and options enable you to trade post market.
* Note, these times do change when daylight savings ends/starts across AU/UK/US timezones.
You’ll also be able to access our weekend trading offering after the Friday close on selected global indices and the GBP/USD forex pair – only available when you trade with us.
What is weekend trading?
Weekend trading enables you to take a position on a Saturday, Sunday and Monday morning. We offer global indices and the GBP/USD forex pair. We also offer EUR/USD and USD/JPY.
You can use weekend trading to react to breaking news on a Saturday and Sunday, or to hedge your weekday positions with a weekend one on the same market. That’s because our weekend markets are separate to their weekday counterparts.
How to trade pre-market and post-market
Learn what moves pre-market and post-market prices
A range of factors can influence pre-market and post-market prices, including earnings releases, monetary policy meetings, macroeconomic events, and any unexpected news.
For example, companies often report results in the pre- or post-market sessions – before the main trading session starts. This can include US firms such as Apple, Alphabet, Netflix, Facebook, Amazon and Tesla, which are available as part of our All Sessions stock offering.
Prices tend to move rapidly when news breaks outside of the main session, as a result of lower trading volumes and liquidity. So, traders who don’t have access to pre- or post-market trading can find that they miss the opportunity to take full advantage of the price moves associated with these reports.
Choose a pre-market or post-market strategy
Pre-market and post-market trading sessions can form an important part of a trader’s strategy. There are two main ways to take advantage of price movements during these sessions:
Trading breakouts
Breakouts typically follow a period of consolidation – when an asset’s price is relatively static after a strong price move in either direction. Consolidation often precedes an announcement, as traders and investors are waiting to see how they should act.
Breakout traders will look for consolidation in the market, then open positions on the back of relevant news announcement. Their aim is to take full advantage of the resulting price move.
Technical indicators that can help you assess when breakouts could occur include Average True Range and Bollinger Bands.
Hedging gap risk
Gapping occurs when the price at the start of the main session is substantially higher or lower than the end of the previous day’s post-market session.
You can minimise gap risk by hedging with our out-of-hours markets. For example, if you were concerned that a Tesla shareholding could fall in value before the main session opens, you could take a short position on Tesla during our post-market session.
If the market falls as expected, the profit from your short position would help offset the loss to your shareholding. But, if it rises instead, the increase in the value of your shareholding would help offset the loss on your short position.
Open your position
Whether you choose to trade pre-market, post-market or at the weekend, the steps to open your position are always the same. Open an account then learn how to place your first out-of-hours trade.
How to trade at the weekend
Learn what moves prices at the weekend
Major price movements on our weekend markets most often result from breaking news or macroeconomic events.
Forex pairs and indices are strongly influenced by events including G7, G20 and EU summits, as well as trade negotiations, referendums and elections.
Choose a weekend trading strategy
Our weekend trading offering gives you an opportunity to trade markets. There are two main ways to take advantage of price movements during these sessions:
Trading macro events
Macro events often result in an announcement, such as an interest rate decision or the conclusion of trade talks.
The expected outcome of such an announcement will often be priced in to the markets before it actually happens, so prices can move quickly if there is a difference between expectations and reality.
You can take a position early, provided you have an appropriate risk management strategy in place, or wait to see if something unexpected happens before opening a trade.
Hedging at the weekend
If you’re concerned that weekend news could affect an existing position, you’ll be able to use our weekend markets to hedge risk.
For example, if you have a US stock portfolio but are concerned about a short-term drop in its value, you might consider taking a short position on our Weekend Wall Street index.
As long as the two positions are roughly equal in value and opposite in direction, you’ll minimise the effect of any sudden negative moves over the weekend. That’s because any loss to one position would be offset by a gain to the other.
Open your position
Whether you choose to trade at the weekend, or in our pre-market or post-market sessions, the steps to open your position are always the same. Open an account then learn how to place your first out-of-hours trade.
How to open your out-of-hours trade
Choose a trading method
Create a trading account with us, and you’ll be able to trade pre-market, post-market and at the weekend with CFDs. These are financial derivatives, which enable you to speculate on the price of a market rising by going long, or falling by going short.
Alternatively, you can open a share trading account to invest in shares out-of-hours with our All Sessions stock offering on more than ##All_Session_Shares## US shares.
CFD trading
With CFD trading, you’ll make a prediction about the direction of a market’s price movements, with your profit or loss determined by the accuracy of your prediction and the size of the market movement.
CFDs can also be useful for hedging risk.
Share trading
Share trading enables you to invest directly in shares. You’ll profit if you sell after they have risen in value.
You’ll also be eligible to receive dividends, and you might get company voting rights.
Select a market
Toggle between the tabs below to see the range of markets available during each session.
Shares
We offer extended hours for trading1 on over 70 All Sessions US shares – including Alphabet, Amazon, Apple, Microsoft and Tesla.
Extended share trading hours
| Market hours | |
| Normal stock market dealing hours on US shares | 1.30am to 8am Monday to Thursday, and 1.30am Friday to 8am Saturday AEDT* |
| Our extended dealing hours on All Sessions US stocks | 11pm to 9.30am Monday to Thursday and 11pm Friday to 9am Saturday AEDT* |
| Our CFD trading hours on All Sessions US stocks | 8pm to 12pm Monday to Thursday, and 8pm Friday to 9am Saturday AEDT* |
*Note, these times do change when daylight savings ends/starts across AU/UK/US timezones.
Indices
We offer over 35 more weekly trading hours than our nearest competitor on popular indices including the FTSE 100, Germany 40 and Wall Street.2 These markets enable you to get exposure to a country’s most popular stocks from a single position.
Weekly indices trading hours
| FTSE 100 | Germany 40 | Wall Street | |
| IG | 158 | 158 | 158 |
| City Index | 120 | 120 | 120 |
| CMC Markets | 112 | 121 | 114 |
| eToro | 70 | 98 | 113 |
| Trading 212 | 110 | 110 | 115 |
This data is based on analysis of the FTSE 100, Germany 40 and Wall Street offering from our UK competitors’ websites, and is correct to the best of our ability as of 30 March 2020. Some trading hours have been rounded up or down to the nearest hour. This table is for comparative purposes only, and the data is subject to change.
Forex
We offer major, minor and exotic currency pairs from 8am Monday until 9am Saturday (AEDT*). We also offer GBP/USD, EUR/USD and USD/JPY at the weekend.
* Note, these times do change when daylight savings ends/starts across AU/UK/US timezones. Illustration below in UK time:
Options
We offer options trading with extended hours on selected weekly and monthly indices options contracts. Extended trading hours are not applicable for daily options given that they are a propriety product priced by IG with no underlying market to reference.
| Market | Daily (MEL time) | Weekly (MEL time) | Monthly (MEL time) |
| Australia 200 | 5:10pm- 4:00pm* | 24hrs** | 24hrs*** |
| Germany 40 | 2:10am – 1:30am* | 24hrs** | 24hrs*** |
| Wall Street | 6:40am – 6:00am* | 24hrs** | 24hrs*** |
| Gold | 6:00am – 3:30am* | 8:00am-7:00am** | 8:00am-7:00am*** |
| Silver | 6:00am – 3:25am* | 8:00am-7:00am** | 8:00am-7:00am*** |
| Oil | 6:00am – 4:30am* | 8:00am-7:00am** | 8:00am-7:00am*** |
*On Mondays, our Australia 200 daily options open at 10:00am Mel time. Our Germany 40 daily options open at 4:00pm Mel time. Our Wall Street daily options open at 10:15am Mel time. Our Gold/Silver/Oil daily options open at 8:00am. Our Gold/Silver/Oil daily options also have a trading break between 7:00-8:00am daily.
**On Mondays, our Australia 200 weekly options open at 10:00am and trade through to expiry at 4:00pm Thursday. The new weekly contract reopens at 10:00am Friday. Our Germany 40 Weekly options open at 4:00pm Monday through to expiry at 1:30am Saturday. Our Wall St weekly options open at 10:15am Monday through to expiry at 6:00am Saturday. Our Gold/Silver weekly options open at 8:00am Monday through to expiry at 03:30am Saturday. Our Oil options open at 8:00am Monday through to expiry at 4:30am Saturday.
***On Mondays, our Australia 200 monthly options open at 10:00am, Germany 40 Monthly opens open at 4:00pm, Wall St monthly options open at 10:15am. All monthly index options trade through to 6:00am Saturday morning. Monthly commodity options open at 8:00am Monday through to 6:00am Saturday with at daily trading break between 7:00am and 8:00am.
Weekend trading hours
You can trade our regular weekday markets with most indices and commodities open from 10am on Monday (8am for forex) until 9am on Saturday morning (AU time). Our weekend market hours are*:
- 7pm Saturday to 9.40am Monday (AU time) for indices
- 7pm Saturday to 7:40am Monday (AU time) for forex
- 7pm Saturday until 9am Saturday (AU time) for cryptocurrencies and Crypto 10 Index
*Our weekend trading hours are based on UK hours, and are converted to AU time zones. This means that the times listed are affected by both UK and AU clock changes in the year, and will be adjusted by +/- 1 hour accordingly.
Understand the risks of pre-market, post-market and weekend trading
The risks of pre-market, post-market and weekend trading include:
- Lower liquidity than the main market session. Many market participants prefer to trade during the main session – when prices are generally more stable – meaning there can be fewer active participants to fill the other side of trades out-of-hours
- Higher volatility than the main market session. Lower liquidity can result in more dramatic swings in prices, which can be good or bad – depending on your individual risk appetite
- Wider spreads than the main market session. The spread is the difference between the buy and sell price on offer. Spreads can widen when volatility rises or liquidity falls – both of which occur more frequently out-of-hours
You can manage your risk using stops and limits, which automatically close your trade when the price hits a pre-determined level. Guaranteed stops are the best way to cap risk because these always close your trade at the exact level you specify – even if the market moves quickly or ‘gaps’. A small premium is payable if a guaranteed stop is triggered.
Place your trade
To place a trade during the pre-market, post-market or weekend sessions, create an account and go to our web trading platform or mobile trading app. Once there, follow the steps below:
- Select your market
- Decide whether to sell or buy
- Choose your position size
- Set your stops and limits
- Place your deal
Alternatively, you can practise using our platform with a demo account. You’ll get $20,000 in virtual funds to build your confidence before trading the live out-of-hours market sessions.
FAQs
What is All Sessions stock trading?
All Sessions stock trading is part of our out-of-hours offering. It enables you to trade over 70 US shares we offer in our extended share trading hours. You can trade derivatives on All Sessions stocks, or you can buy and sell the shares outright with a share trading account.
Markets for all sessions stocks are available from 8pm to 12pm Monday to Thursday and 8pm to 9am Saturday. Markets for all sessions share trading are available from 11pm to 9.30am Monday to Thursday, and 11pm Friday to 9am Saturday. All times listed are in AEDT.
* Note, these times do change when daylight savings ends/starts across AU/UK/US timezones.
What are 'All Sessions' stocks?
All Sessions stocks are over 70 US shares that we offer outside of the main market session for share trading. Our share trading times for All Sessions stocks are 11pm until 9.30am Monday to Thursday, and 11pm Friday until 9am Saturday (AEDT*). You can also speculate on our All Sessions stock offering with CFDs from 8pm until 12pm Monday to Thursday, and 8pm Friday until 9am Saturday (AEDT*).
* Note, these times do change when daylight savings ends/starts across AU/UK/US timezones.
Will a weekday position move over the weekend?
Your regular positions won’t move in value over the weekend, and a weekday position that is open on a Friday will not roll over into a weekend trading position once the weekend markets open.
But, your weekend positions that are left open after the weekend markets close early Monday morning will rollover into a regular weekday position when those markets open, and any stops or limits will remain intact.
How can you hedge risk at the weekend?
You can hedge risk at the weekend by taking an opposing position during weekend trading that offsets a potential loss to a weekday position. This is possible with our weekend indices and forex markets because they are completely separate to their weekday counterparts.
For example, let’s say you were long on the Germany 40 when the market closed on a Friday. If you became aware of news on Saturday that could cause the market to drop quickly when it reopens, you might decide to go short on the Weekend Germany 40. A loss to your weekday position would then be offset by a gain on your weekend position.
How can you trade out-of-hours?
You can trade out-of-hours by speculating on market prices during the pre-market and post-market sessions, or at the weekend with a weekend trading provider like us.
How do extended hours prices work?
Our extended hours prices work differently depending on the market. For example, our prices for All Sessions US equities are derived from the underlying market. For indices on the other hand, our extended hours prices are created by analysing historical correlations with similar markets.
Why do stocks and other assets spike pre-market and after hours?
Stocks and other assets might spike or experience increased volatility in pre-market and after-hours trading on the back of breaking news announcements or company earnings reports. Whether you choose to trade the pre-market or post-market session will depend on your individual appetite for risk.
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1 There is less liquidity in extended hours than the regular session
2 Based on analysis of the FTSE 100, Germany 40 and Wall Street offering from prominent UK competitor websites. Information correct to the best of our ability as of 30 March 2020
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