What is 24/5 trading?

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24/5 trading lets you trade selected US share CFDs continuously during the trading week, including the overnight session when equity markets are closed. Positions can be opened, closed, and managed from Monday 00:00 UTC to Friday 21:00 UTC (01:00 / 22:00 UTC in winter). The existing daily maintenance break (around 5 minutes) continues to apply during 24/5 trading.

Which instruments can I trade 24/5?

A selected list of US share CFDs is available for 24/5 trading (see attached list). This list may be expanded over time - updates are published on our Announcements page. Trading hours for each instrument are shown in the app under Market Info.

What are the exact trading hours?

For 24/5 US shares, the trading week runs from Sunday 20:00 ET to Friday 17:00 ET. Sessions (all times ET): overnight 20:00-04:00 (Sunday to Thursday), pre-market 04:00-09:30, main session 09:30-16:00, post-market 16:00-20:00. The week closes Friday at 17:00. These instruments are not available over the weekend. Exact hours in local time are shown on each instrument's page.

How is 24/5 different from extended hours trading?

Extended hours trading (pre-market and post-market) continues unchanged for selected US shares. 24/5 adds an overnight session (20:00-04:00 ET) for a selected list of instruments, allowing continuous trading through the week.

How are prices determined overnight?

During the overnight session, prices for 24/5 US shares are based on a US-regulated alternative trading system (ATS) that operates while the main US equity markets are closed. During pre-market, main, and post-market sessions, pricing follows the primary US markets, as it does today.

Are spreads different during the overnight session?

Yes. Overnight liquidity is lower than during the main session. Spreads are typically wider, and prices can move more sharply in response to news. These conditions affect the cost of trading and potential slippage on orders placed outside main market hours.

Can my stop loss, take profit or limit orders be triggered overnight?

Yes. For 24/5 US shares, orders remain active across all sessions. Stops, limits, and margin closeouts can occur during the overnight session. If the price reaches your level overnight, the order executes.

Can I be margin closed-out during the overnight session?

Yes. Margin requirements and the margin close-out rule apply at all times, including overnight. If an account falls below the required margin level, positions can be closed. Positions held overnight with leverage should reflect available margin.

What happens to my position when one session ends and the next begins?

Positions remain open continuously across sessions. Prices can gap between sessions, particularly where news breaks while liquidity is low. The price at the start of a session may differ from the price at the end of the previous one.

How do dividends work for 24/5 instruments?

Dividend eligibility is unchanged. The position must be held through the close of the trading day before the ex-dividend date. For 24/5 US shares, each new trading day begins when the overnight session opens at 20:00 ET. A position held through 20:00 ET on the evening before the ex-date receives the dividend adjustment (long positions credited, short positions debited). Positions closed before that time, or opened after it, do not receive the adjustment.

What happens when there is a corporate action, like a stock split?

Overnight trading in an instrument may be suspended when certain corporate actions — stock splits, mergers, or symbol changes — are due to take effect. Trading resumes once the event has been processed. Cash dividends do not normally interrupt overnight trading.

Are overnight funding charges different for 24/5 instruments?

No. Overnight funding adjustments for 24/5 US shares are unchanged, and they are applied at the same time as today.

Is trading during the overnight session riskier?

Overnight sessions differ from the main session: liquidity is lower, spreads are typically wider, and prices can move sharply on news released outside US market hours. These conditions can increase the cost of trading and the likelihood of slippage. CFDs are leveraged products. 

What happens if the overnight session is unavailable?

Occasionally the overnight session may be suspended — for example around corporate action events or if the overnight pricing source is disrupted. Open positions remain open. Resting orders do not trigger while trading is suspended. They remain in place and execute only once the market is tradable again.

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