Questrade – How to Trade in Pre-Market and After-Hours
Buying/Selling Stocks
All types of Questrade software (Webtrader, QuestraderWEB, QuestraderPRO, QuestraderELITE) allow buying and selling in pre-market and after-hours.
Pre-market trading starts at 8am EST
After-hours cut-off time is 5:30pm EST
To place a PM or AH order, you must use:
- a limit order (no market orders)
- GTEM (good-till-extended-markets) type
- ARCA as your ECN
 QuestraderELITE |
|
 Webtrader |
 QuestraderWEB |
Buying/Selling Options
Some index options, such as SPY, trade until 4:15pm EST. Questrade doesn’t officially support trading options in AH, but you can try setting the order before 4pm as GTEM type, and leave the ECN on AUTO. It may or may not work. No guarantees.
Options other than index, don’t trade after 4pm.
Shorting Stocks
Depending on your software package, you may or may not be able to short outside normal market hours.
Webtrader and QuestraderWEB (with and without streaming data) DO NOT allow you to short in PM and AH.
QuestraderPRO and QuestraderELITE DO allow shorting stocks in PM and AH. Just use the same settings as for buying/selling stocks, that is GTEM/ARCA.
Sign up with Questrade using this link and get $50 commission rebate.
Related Articles
Subscribe via RSS
Follow me on Twitter
Doesn’t work:
Date of Order: 06/12/2009
Time of Order: 18:32:18 EDT
Status of order: Rejected
Action: Sell
Quantity: 100
Symbol: BDSI
Price: $7.49
Time in Force: GTEM
Notes: Trading has been halted either prior to market open or after close.
Here’s your problem:
“Time of Order: 18:32:18 EDT”
Cut-off time is 5:30pm EST. Forgot to mention it.
Thanks.
Oh, actually I did mention it:
“Pre-market trading starts at 8am EST
After-hours cut-off time is 5:30pm EST”