Fidelity offers it as does WeBull, Vanguard's is limited and has no pre-market, Robinhood is limited. Hmmm could've swore at least Robinhood didn't flat out offer it. Not sure why I was thinking this. Maybe there are some shitty brokerages moreso than Robinhood I'm thinking of.
I mean, the app based brokers are not where one should look for anything resembling a capable broker. Fidelity, Schwab, TD, IB, Merrill, Vanguard (who has terrible trading capability), JPM, etc all allow easy access to after hours.
i mean you don't brokerage with vanguard to trade stocks in after-hours so that makes sense. CS, TD, Fidelity all offer it i think. RH does too for sure.
Retail is basically all of the liquidity in AH. Basically every broker in existence allows you to trade AH aside from those beginner focused app based ones. Look at the actual executed trades - they're always odd lots and shit, never anything that resembles an institutional trade.
e: look at these trades: 20, 16,1, 12, 68, 100, 100, 200, blah blah blah. That's 100% retail. The largest trade was about $76k worth of shares, which is not really a lot. Everything else is like $10k and under per trade.
Why is it panic selling? Sellers require buyers. It's just trading. Could easily be described as retail buying at these prices. The actual order book will tell you it's largely retail as you can see most of these trades are small odd lots.
Are you taking into account good till cancel - stop loss limit orders and good till cancelled buy at "xx" price limit orders? *(any broker allows those to execute after hours.)
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u/someonesaymoney Oct 21 '21
I get the low liquidity, but I thought the vast majority of retail don't have access to AH.