We’re excited to introduce 24/5 real-time quote data and account balance updates, ensuring that you stay informed even during extended hours trading. This enhancement brings continuous updates to account positions, real-time total account value , and a new day-change reset time at 12 AM ET.
What is the 24/5 real-time data and balance update?
We now provide real-time quote data and account balance updates 24/5, including during extended hours trading.
What enhancements are included in this update?
The key enhancements include:
24/5 Updates for Account Positions – The last price and day-change for account positions are continuously updated, even during extended hours, including overnight.
Real-Time Total Account Value Update – Account balances and values now update continuously, rather than stopping at regular market close.
New Day-Change Reset Time – Account value changes reset at 12 AM ET, which includes a balance reset to reflect any trades conducted after 8 PM ET.
How is my buying power calculated during overnight hours?
Both cash and margin buying power can be used for trading during the overnight trading session. Day trade buying power (DTBP) is recalculated at the start of each overnight session at 8 PM ET. During this period, DTBP will be temporarily reduced until it is refreshed the next morning at approximately 7:30 AM ET.
How is my day trade buying power calculated during overnight hours?
For Pattern Day Traders, day trade buying power is recalculated at 8 PM. Instead of allowing full DTBP, it is limited to 2X the account excess. Buying power is updated again during the regular system restart at approximately 7:30 AM on each trading day. Both cash and margin buying power can also be used for trading during the overnight session.
What happens if I day trade over my DTBP during overnight trading?
Day trade buying power (DTBP) is recalculated at the start of each overnight session. During this period, DTBP will be temporarily reduced until it is refreshed the next morning.
If you exceeded your DTBP when opening and closing a position during the overnight trading session (day trade), a potential Day Trade Call might occur.