03.05.2024
Webull announces 24/7 trading for Australian clients
03.05.2024
Mirjan Hipolito
Cryptocurrency and stock expert

​Webull, a US broker-dealer headquartered in New York, has expanded its offering to traders from Australia. 

Being committed to providing its clients with the best conditions and a unique trading experience, Webull offers investors convenient and affordable money management tools. A prime example of this innovative approach is the launch of round-the-clock trading on its platform for Australian clients. 

However, the broker has warned that this service will be limited to trading US stocks and ETFs. 

What is round-the-clock trading? Round-the-clock trading involves the continuous buying and selling of certain symbols throughout the day and night without interruption. The 24-hour period consists of three parts: regular hours, extended hours, and an entirely new trading session, the night hours, which run from 8:00 p.m. EST to 3:58 a.m. EST. And the first session will begin on Sunday at 8 a.m., while the last session will end on Friday at 3:58 a.m. EST, Webull said. 

Webull, known for its focus on bringing advanced technology to investment activities, has placed a premium on accessibility and convenience. The decision to introduce round-the-clock trading was motivated by the desire to meet the needs of traders who need to react to market changes in real time, beyond the traditional session. 

According to Webull, the platform will offer 24/7 trading on more than 60 US stocks, including Tesla, Nvidia, Microsoft, Amazon, and Google, as well as the popular SPY and QQQ ETFs. 

This feature will allow investors to react to changing market conditions at any time of the day, not only increasing income opportunities but also helping to better manage risk as traders can quickly adjust their trades based on news releases and take advantage of pre- and post-trading volatility. 

It is also worth noting that the introduction of 24/7 trading will further encourage financial activity among the company's Australian clients. 

The expansion of Webull's service in Australia reflects a broader trend in the world of financial technology, where convenience and accessibility are becoming key success factors in the market. The company plans to continue its growth with a focus on innovation and client-centricity. 

Rob Talevski, CEO of Webull Australia, commented, "Traditionally, US market hours have made trading in the world's largest capital market in Australia a challenge and a disincentive for those seeking international equities. Webull clients can now fully participate as if they were trading local equities and benefit from US trading events outside of these hours." 

As truckload trading becomes more popular in all markets, Webull's initiative in Australia is not just a new platform feature but an important step in building a more adaptable financial ecosystem that can meet the demands of today's traders and investors. 

In addition, Webull is enhancing the user experience through extensive educational resources, including analytics, real-time data, and technical analysis tools. 

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