Buying U.S. Stocks in Singapore with Tiger Brokers: Short-Selling and Trading Days
For Singaporean investors using Tiger Brokers to buy U.S. stocks, understanding the nuances of trading options is essential. This blog will explore whether short-selling is supported and clarify which trading day is associated with the overnight session.
Can You Short-Sell U.S. Stocks?
Currently, short-selling is not supported on the Tiger Brokers platform for U.S. stocks. This means that investors cannot take advantage of declining stock prices by selling shares they do not own. While short-selling can be a valuable strategy for certain traders, its absence means that investors will need to rely on other methods to capitalize on market movements.
Why Short-Selling Matters
Short-selling can be an effective tool for experienced investors looking to hedge their portfolios or profit from bearish market conditions. However, without this option, investors may need to focus on long positions and strategies that align with upward market trends.
Which Trading Day Does the Overnight Session Belong To?
Understanding the relationship between trading sessions and their corresponding trading days is crucial for effective investment planning. Here’s how it works:
– The overnight session operates from 8:00 PM to 4:00 AM (U.S. Eastern Time). This session actually belongs to the next trading day (T+1).
Example
For instance, if you participate in the overnight session on Monday night (U.S. Eastern Time), it will be counted as part of Tuesday’s trading day. This means that any trades executed during the overnight session will be settled as part of Tuesday’s trading activities.
Implications for Investors
Planning Your Trades
Understanding that the overnight session belongs to the next trading day allows you to plan your trades more effectively. If you execute a trade during the overnight session, consider how that trade will impact your portfolio on the subsequent trading day.
Monitoring Market Movements
Since the overnight session can be influenced by global events and after-hours announcements, it’s important to monitor these factors closely. This vigilance can help you make informed decisions when the regular market opens the next day.
Conclusion
For Singaporean investors using Tiger Brokers to buy U.S. stocks, the inability to short-sell and the understanding of trading day associations with the overnight session are critical elements of your trading strategy. While short-selling is not currently an option, focusing on long positions and being aware of the trading calendar can help you navigate the U.S. stock market effectively.
By staying informed about these aspects, you can enhance your investment decisions and optimize your overall trading experience. As you engage with the U.S. stock market, always remember to adapt your strategies based on the tools and opportunities available to you through Tiger Brokers.
