After-Hours Tracking of US Stocks Made Possible by eToro

Leading online broker, eToro, has revealed an eagerly anticipated new tool on its platform, offering extended market hours for US stocks. This feature aims to enhance the visibility of stocks and the broader US market outside of traditional market hours. However, it's crucial to underline that this upgrade doesn't offer the option to execute trades outside of the established market hours.

Utilizing this fresh addition, traders gain the opportunity to:

1. Assess Portfolio Impact: The tool provides insights into the potential percentage impact that pre-market fluctuations might have on your portfolio as the US market opens. This calculation incorporates copy positions and factors in the weighted average of your positions by value percentage invested, the performance during extended hours, direction (buy or sell), and any applicable leverage.

2. Monitor Top Movers: This feature tracks those assets exhibiting the most significant shifts in profits and losses since the market's closing. Traders can switch their view between their Portfolio, Watchlist, and Market Movers.

3. Follow the US Market Live Countdown: Users can keep tabs on the countdown to the US market opening.

4. Review Performance: It provides data on the Previous Close, including the closing price (in USD) of the asset and its price performance (percentage) on the previous market day. Extended Hours Data provides current price information and percentage change in the asset's value during off-market hours since the last close.

5. Understand Consensus: eToro showcases analysts' price targets and recommendations per asset, such as “Strong Buy”, “Hold”, and “Moderate Sell”, enabling traders to benefit from expert insights.

6. Access Daily Coverage/News Sentiment: The tool encapsulates all the latest news concerning a particular asset from the last day, attributing a daily “News Sentiment” to each stock.

7. Execute Trade Orders: Non-US users have the ability to queue an out-of-hour order. While eToro does not support extended hours trading, the platform will queue these orders and execute them when the market opens on the trading day or the subsequent trading day.

To access this new tool, traders can simply navigate to the Home Touchpoint on the platform and click on the “Explore Extended Hours” or “Portfolio Impact” options.

This extension in viewing hours gives traders the upper hand by allowing them to prepare more effectively for the upcoming market day. By providing a holistic view of market trends, portfolio impacts, and other valuable data points, eToro continues to empower its users with tools that support informed investment decisions.

About eToro

eToro, a world-renowned social trading and investing platform, takes pride in following stringent regulatory processes to ensure the safety and peace of mind of its diversified user base. eToro is held responsible for a number of severe regulatory norms since it operates across several nations.

In the European Union, eToro's activities are governed by the Cyprus Securities and Exchange Commission (CySEC). Their actions are consistent with the European Securities and Markets Authority's (ESMA) guidelines. The Financial Conduct Authority (FCA), an organization noted for its stringent regulatory requirements, oversees eToro's activities in the United Kingdom.

eToro's operating behavior in the United States is held to the standards established by the Financial Crimes Enforcement Network (FinCEN), where it is registered as a Money Services Business. eToro USA LLC is a member of the Financial Industry Regulatory Authority (FINRA), which adds another degree of responsibility to its dedication to regulatory compliance.

Meanwhile, in Australia, eToro AUS Capital Pty Ltd is governed by the Australian Securities and Investments Commission (ASIC), the country's primary financial regulator.

These regulatory measures guarantee that eToro adheres to the greatest financial standards, from the safety of client cash to the openness of advertising. The platform adheres to statutory customer registration processes, which include the adoption of KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements. Furthermore, eToro is obliged to produce reports to its regulatory organizations on a regular basis, proving its compliance with financial laws and norms.

eToro also provides Negative Balance Protection, which ensures consumers do not lose more than their original investment. Furthermore, in many countries, financial compensation programs are in place to provide customers with an extra layer of security in the unlikely event that the broker becomes bankrupt.

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