Webull has announced an expansion of its services in Australia, introducing 24-hour trading capabilities for US equities and ETFs. This move aims to provide Australian traders with greater access to the US market and enhance their trading opportunities.

The platform will initially offer 24-hour trading for over 60 popular US stocks and ETFs, including industry giants like Tesla, Nvidia, Microsoft, Amazon, and Google, as well as sought-after ETFs such as SPY and QQQ.

Rob Talevski, CEO of Webull Australia, expressed enthusiasm about the expansion, stating, “Traditionally, US market hours made trading the world’s largest capital market a challenging task for us here in Australia, which has been a deterrent for those seeking international equity exposure. Now, Webull clients can fully engage and participate as if they were trading local equities and even benefit from emerging out-of-hours trading events in the US, such as significant market developments, macro events, or crucial company news.”

Webull Launches 24-Hour Trading Services for Australian Traders

Webull’s move comes amid its broader international expansion efforts, with recent market entries in various countries. The platform is currently in discussions with South Korean regulators to gain approval as the first foreign firm in the country’s stock trading industry.

The introduction of 24-hour trading services reflects a growing demand among traders to access markets beyond traditional trading hours. By offering extended trading capabilities, Webull aims to empower traders to capitalize on pre and post-market volatility, enabling them to seize opportunities outside regular exchange hours.

Webull’s 24-hour trading in Australia will operate from 10:00 to 17:58 AEST, Monday to Friday, allowing Australian traders to execute orders during local business hours and outside regular and extended US trading hours. This new trading session termed US overnight hours, ensures next-day settlement regardless of the time of execution, providing traders with added flexibility and efficiency.

Rob Talevski emphasized, “We’ve designed the Webull Australia platform to optimize the online trading experience, both for experienced investors and those new to the market, and the launch of 24-hour trading is simply an extension of these efforts.”

The move by Webull follows a broader trend in the industry towards around-the-clock trading. Recently, Interactive Brokers extended trading hours for US Treasury bonds to 22 hours each day, up from the previous nine hours, reflecting the increasing demand for continuous trading opportunities across global markets.

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