Talk:Late trading

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This article makes it sound like after hours trading is absolutely illegal. That's not true, is it? For example:

"After-hours trading refers to stock trading outside the traditional trading hours of the major exchanges, such as the New York Stock Exchange and the Nasdaq Stock Market. The traditional or regular trading hours have been for some time from 9:30 a.m. to 4:00 p.m. Eastern Time.

Trading outside these regular hours is not a new phenomenon. But it has generally been limited to high net-worth investors and institutional investors, such as mutual funds. The emergence of private trading systems, known as Electronic Communications Networks, or ECNs, has allowed individual investors to participate in after-hours trading."

-SEC.gov [1]

Here's another explanation. [2] Gordeonbleu 16:55, 5 October 2006 (UTC)

What you're referring to is called "after hours trading," and despite Wikipedia's incorrect redirect of "after hours trading" to this page, they are NOT the same thing. Late-trading is illegal, after-hours trading is not. You linked to the SEC's definition of "after hours," you might want to take a look at this page instead...—DMCer™ 02:59, 26 May 2008 (UTC)

[edit] Fair use rationale for Image:Pyat rublei 1997.jpg

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BetacommandBot 11:29, 6 July 2007 (UTC)