Tuesday, 29 June 2021

US Pre-Market Trading is available on POEMS 2.0, POEMS Mobile 2.0 & POEMS Pro with effect from 1 July 2021

Please note that Poems will be launching US Pre-Market trading on POEMS 2.0, POEMS Mobile 2.0 and POEMS Pro with effect from 1 July 2021. The Pre-Market session will start two and a half hours earlier from 7:00pm (SGT) to 9:30pm (SGT). 

What is Pre-Market Trading?

Pre-market trading is also known as extended-hours trading that happens before the regular trading day of a stock exchange. Broadly, extended trading hours refers to the trading hours outside regular trading session which includes both pre-market and post-market. Currently, POEMS is offering you Pre-Market trading for US Markets (NYSE, AMEX, NASDAQ) between 0700hrs to 0930hrs (EST).


What are the Pre-Market timings?

 

Pre-Market Start Time

Pre-Market End Time

Regular Market Start Time

Regular Market End Time

Eastern Standard Timing (EST)

07:00

09:30

09:30

16:00

Singapore Timing (Daylight Savings)

19:00

21:30

21:30

04:00

Singapore Timing (Non-Daylight Savings)

20:00

22:30

22:30

05:00

 

Please note that Pre-Market orders can be placed from 0700hrs (EST) onwards till before market opening at 0930hrs (EST) but only Limit orders are allowed. Clients need to acknowledge the Risk Disclosure Statement Form before they can access to Pre-Market trading.

 

*Risk Disclosure Statement Form is a risk warning disclosure that highlights the key risks of trading in the US extended trading hours. This includes the risk of lower liquidity, risk of higher volatility, risk of changing prices, risk of unlinked markets, risk of news announcement, and the risk of wider spreads. 

 

To acknowledge, please refer to the following steps:

  1. Login to POEMS 2.0 and click oWhat are the Pre-Market timings?

     

    Pre-Market Start Time

    Pre-Market End Time

    Regular Market Start Time

    Regular Market End Time

    Eastern Standard Timing (EST)

    07:00

    09:30

    09:30

    16:00

    Singapore Timing (Daylight Savings)

    19:00

    21:30

    21:30

    04:00

    Singapore Timing (Non-Daylight Savings)

    20:00

    22:30

    22:30

    05:00

     

    Please note that Pre-Market orders can be placed from 0700hrs (EST) onwards till before market opening at 0930hrs (EST) but only Limit orders are allowed. Clients need to acknowledge the Risk Disclosure Statement Form before they can access to Pre-Market trading.

     

    *Risk Disclosure Statement Form is a risk warning disclosure that highlights the key risks of trading in the US extended trading hours. This includes the risk of lower liquidity, risk of higher volatility, risk of changing prices, risk of unlinked markets, risk of news announcement, and the risk of wider spreads. 

     

    To acknowledge, please refer to the following steps:

    1. Login to POEMS 2.0 and click on Acct Mgmt tab 
    2. Click on RDS-Extended Hours under category 
    3. Tick the check box and click Submit




 

Alternatively, you may also login to POEMS Mobile 2.0 to acknowledge RDS: 

  1. Login to POEMS Mobile 2.0 
  2. Open a trade ticket 
  3. Click on Pre-market Session and RTH 
  4. Click on RDS Form on the pop-up^ 
  5. Click on Acknowledge in the form 



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