U.S. Stock Trading
The U.S. stock market is the largest in the world, with the greatest market capitalization of listed companies and the highest trading volume in the world. Thanks to the high transparency of information, less restraint of transaction, strict and standardized corporate governance, many noble companies in human history completed their fund raising and listing in U.S. stock market. It is the most developed stock market, which has the highest amount of stock issuance and trading products as well as the largest stock market capacity. The US stock market has 25 trillion market capitalization, 18 national stock exchanges and different dark pools trading.
The most well knowned US stock markets are: New York Stock Exchange (NYSE), Nasdaq Stock Market (NASDAQ) and American Stock Exchange (AMEX), etc. Many well-known companies was listed in U.S. stock market.
1. New York Stock Exchange (NYSE):
The New York Stock Exchange (NYSE) is an aged, tremendous and famous stock exchange with the largest market capitalization of listed companies, the largest number and scale of IPOs, and the second largest trading volume. It has a history of more than 200 years and has more than 3,500 listed stocks. It has a complete organizational structure and infrastructure, strict supervision and high listing standards. The types of listed companies are mainly top-ranked companies in the world, including many blue-chip stocks.
2. Nasdaq Stock Market (NASDAQ):
Nasdaq Stock Market（NASDAQ）is the largest electronic stock market in the world, which adopts the agency trading system of securities companies. NASDAQ are mostly technology stocks and growth stocks.
3. American Stock Exchange (AMEX):
American Stock Exchange (AMEX) is the third largest stock exchange in the United States, which has less stringent prerequisite than New York Stock Exchange. AMEX is the only Exchange that can trade stocks, options and financial derivatives simultaneously. Most of the listed companies here are small to medium sized enterprises.
Strict And Transparent Supervision
The greatest advantage of the U.S. securities market, not only relies on its strong economy, but also its market supervision. Apart from the supervision of the Supervisory Securities Commission and cooperative supervision of industry self-discipline, the law also allows investors to seek judicial remedy through securities class actions, to make a beneficial contribution to a fair and open securities market order.
Flexible Trading, No Net Change Limit
Unlike A-shares or Hong Kong stocks, the minimum trading unit for U.S. stocks is 1 share.
U.S. stocks have good liquidity which support T+0 trading, therefore stocks could be bought and sold on the same day. It allow investors to capture investment opportunities, control risks and lock in returns in time.
Most of the Fortune 500 enterprises, such as Alibaba, Baidu, JD etc. are listed in the U.S. markets. Customers can buy shares of world-renowned companies in the US market, such as Google, Microsoft, Amazon, Apple. Investors can invest in the world through Wall Street. U.S. stocks are extremely open markets. All market dynamics of the world will be immediately reflected in the Wall Street stock market.
Diversified Investment Products
The U.S. stock market has a variety of Exchange Traded Funds (ETF) products. Investors can buy or sell short, especially by using stocks and corresponding options to combine various investment strategies to hedge risks. Depending on different investment portfolios, investors can profit from rising and falling stocks, or lock in gains or limit the scope of losses.
Eastern time: Trading is conducted on Monday to Friday, 9：30 - 16：00
Daylight saving time begins from the second Sunday in March to the first Sunday in November. Normal time (Winter Time) begins from the first Sunday in November to the second Sunday in March of the following year.
Trading hours and opening hours are the same in U.S. stock. Stock trading can be carried out after the opening. There are no limitations on its daily price change and the minimum net change unit is 1 cent. The minimum trading unit for U.S. stocks is 1 share.
The U.S. stocks implement T+2 settlement rule, that is, for stocks traded today (T0), the securities company and the clearinghouse will complete the settlement of funds and stocks on the second next trading day (T+2).
For example, T0 is Monday, and settlement will be completed on Wednesday; T0 is Thursday, and settlement will be completed next Monday.