Questrade – How to Trade in Pre-Market and After-Hours
Revised: April 7, 2020
Buying/Selling U.S. Stocks
Pre-market trading is open from 7:30am to 9:30am EST After-hours cut-off time is 5:30pm EST with Questrade To place a PM or AH order:
- The order must be placed as a limit order
- Choose ARCA as the preferred ECN
- Choose GTEM (good til’ extended market) as the duration
Buying/Selling Canadian Stocks
Canadian stocks do not have a pre-market. To trade Canadian stocks in the post-market, from approximately 4:15 p.m. to 5 p.m. ET, these are the requirements:
- Must be Limit at the Last price the security was traded at on its native exchange (i.e. TSX or TSX-V)
- Choose AUTO as the preferred ECN
- Choose DAY as the duration
- The Quantity must be a multiple of a standard board lot (i.e. 100/200 shares)
Buying/Selling Options
Questrade supports extended option trading until 4:15pm EST for the following tickers: DBO, DIA, DJX.IN, EEM, EFA, IWM, IWN, IWO, KBE, KRE, MDY, MNX.IN, NDX.IN, OEF, OEX.IN, OILB, QQQ, RLG.IN, RLV.IN, RUI.IN, RUT.IN, SLX, SPY.IN, SVXW.IN, SPY, SVXY, UNG, UUP, UVXY, VIIX, VIX.IN, VIXM, VIXY, VXX, VXZ, XEO.IN, XHB, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY, XME, XRT, XSP.IN.
Shorting Stocks
Depending on your data package, you may or may not be able to short outside normal market hours. Just use the same settings as for buying/selling stocks (see above).
Manhattan at Night, By Maciejbledowski
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”
What about STOP LIMIT
Stop limit orders are queued and sent the next day, when the exchange opens.
As an aside, if you’re afraid that your stock is going to gap down, that’s not going to help, you know that, right?
Date of Order: 01/18/2011
Time of Order: 08:41:18 EDT
Status of order: Rejected
Order Id: 119247615
Action: Buy
Quantity: 200
Symbol: CPOW
Price: $0.23
Time in Force: GTEM
Notes: The ECN specified is not supported.
Doesn’t work for penny stocks, they don’t trade afterhours.
Seems doesn’t work.