(December 2) – Royal Bank
Action Direct will now provide
trading in the NASDAQ extended
session.
Action Direct clients can place
limit orders up to 18:30 ET,
orders can be placed, modified,
and cancelled by speaking directly
to an investment rep. “We promised
our clients that they would have
longer access to trading by the end
of this year and we meant it,” says
Mike Bastian, president and CEO of
Action Direct.
Although orders can only be
handled by reps, order status can
be monitored via phone or Internet.
The move comes a couple of days
after E*Trade Canada announced that
it would allow its clients to
participate in the Toronto Stock
Exchange’s after-hours matching
session. Orders placed in this
session cannot currently be
modified, only cancelled.
-IE Staff
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