The article explores the growing trend of overnight trading, fueled by smartphone apps, knowledgeable retail investors, and a shift in trading habits outside of traditional business hours. It highlights Robinhood's surge in overnight activity, the involvement of Asian investors, and the potential impact on the professional trading world as exchanges consider longer trading windows.
On Sunday night in Chicago, Steve Quirk by habit checked the S&P 500 futures prices and noted a large fall. The following day, the markets veteran was looking at figures showing a surge in overnight trading on online broker Robinhood as investor darling Nvidia slumped amid worries about Chinese AI upstart DeepSeek. Nvidia’s travails produced the second-biggest late-night trading session for Robinhood, best known for popularising smartphone-based trading.
These flow through a service known colloquially as the “tape”, against which any investor can compare the price they got from their broker, who has an obligation to execute trades at the best price. “We’ve been hearing from multiple types of market participants for about two years now that they think there is demand and opportunity to extend hours further,” says Kevin Tyrrell, head of markets at NYSE.
OVERNIGHT TRADING ROBINHOOD RETAIL INVESTORS WALL STREET STOCK MARKETS
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