PreferredTrade 6.2

There are now two types of Extended Hours trading that can be performed via the PreferredTrade 6.2 software, both of which are only offered with the ARCA route.

Extended Hours trades can only be entered when the ARCA routing destination is selected, the Extended Hours functionality is not supported under any other exchange selection.

The Extended Hours durations will only appear in the duration drop down box after the ARCA route has been chosen. The user must then choose one of the following two Extended Hours durations:

• DAY+ Orders: DAY+ is a trade to be entered during regular market hours, but can continue live into the after hours period if not executed during regular market hours. Retail users that enter DAY+ orders can have orders remain live until 2:55 PT (5:55 ET). Non-clearing account DAY+ orders will remain live until 1:55 PT (4:55 ET). The following order types can be done with the DAY+ duration selected:

• Action = Buy, Sell, Sell Short*, Sell Exempt
• Price = Limit Price Only

• Sell Short orders entered with a DAY+ duration are contingent upon a stock borrowing locate successfully being performed by Newedge USA.

• EXT Orders can only be entered after the regular market closes using the EXT duration. Retail accounts can enter orders via EXT until 2:55 PT (5:55 PT). Non-clearing accounts can enter EXT orders until 1:55 PT (4:55 ET). The following order types can be done with EXT duration selected:

• Action = Buy, Sell, Sell Exempt
• Price = Limit Price Only

  Any Sell Short orders that cannot be entered through with the EXT duration selected will have a Customer Service Message pop-up window asking the user to call Newedge USA.

The graphics provided are for illustration purposes only.
Newedge USA, LLC does not offer investment advice.