24-Hour US Stock Trading on the Reku App

   

Part 1: Core Concepts

Q: What is the “24-Hour Trading” feature for US Stocks? 

A: The “24-Hour Trading” feature allows you to buy and sell US stocks outside of regular market hours. In practice, you can trade almost non-stop from Monday morning at 07:00 WIB to Saturday morning at 07:00 WIB. This feature is designed so you can trade at the most convenient time for you in Indonesia.

Q: Does the US stock market remain open on weekends? 

A: No. The market is closed on weekends (starting Saturday morning at 7:00 AM WIB). The trading session resumes on Monday morning at 7:00 AM WIB. You can still place orders on weekends, but they will only be processed when the market reopens.

Q: Do all stocks support “24-Hour Trading”? 

A: No. Most major stocks support this feature, but a few (a very small number) do not. You will see a special notification on the order preview page if the stock you selected does not support “24-Hour Trading”. Look for the following message: “Your limit order will be submitted and processed when the next available session begins.”

Part 2: Schedule and Trading Sessions (WIB)

The “24-Hour Trading” feature consists of four consecutive sessions. Please note that operating hours may shift by one hour due to Daylight Saving Time (DST) in the US.

Day (WIB)	Trading Session	Operating Hours (During Daylight Saving Time)	Operating Hours (Outside Daylight Saving Time)
Monday	Overnight Session	07:00 – 15:00 WIB	08:00 – 16:00 WIB
	Pre-Market Session	15:00 – 20:30 WIB	16:00 – 21:30 WIB
	Regular Session	20:30 (Mon) – 03:00 WIB (Tues)	21:30 (Mon) – 04:00 WIB (Tues)
Tuesday	Sesi After-Hours	03:00 – 07:00 WIB	04:00 – 08:00 WIB
	Overnight Session	07:00 – 15:00 WIB	08:00 – 16:00 WIB
	Pre-Market Session	15:00 – 20:30 WIB	16:00 – 21:30 WIB
	Regular Session	20:30 (Tues) – 03:00 WIB (Wed)	21:30 (Tues) – 04:00 WIB (Wed)
Wednesday	Sesi After-Hours	03:00 – 07:00 WIB	04:00 – 08:00 WIB
	Overnight Session	07:00 – 15:00 WIB	08:00 – 16:00 WIB
	Pre-Market Session	15:00 – 20:30 WIB	16:00 – 21:30 WIB
	Regular Session	20:30 (Wed) – 03:00 WIB (Thurs)	21:30 (Wed) – 04:00 WIB (Thurs)
Thursday	Sesi After-Hours	03:00 – 07:00 WIB	04:00 – 08:00 WIB
	Overnight Session	07:00 – 15:00 WIB	08:00 – 16:00 WIB
	Pre-Market Session	15:00 – 20:30 WIB	16:00 – 21:30 WIB
	Regular Session	20:30 (Thurs) – 03:00 WIB (Fri)	21:30 (Thurs) – 04:00 WIB (Fri)
Friday	Sesi After-Hours	03:00 – 07:00 WIB	04:00 – 08:00 WIB
	Overnight Session	07:00 – 15:00 WIB	08:00 – 16:00 WIB
	Pre-Market Session	15:00 – 20:30 WIB	16:00 – 21:30 WIB
	Regular Session	20:30 (Fri) – 03:00 WIB (Sat)	21:30 (Fri) – 04:00 WIB (Sat)
Saturday	Sesi After-Hours	03:00 – 07:00 WIB	04:00 – 08:00 WIB
Sunday	Market Closed	Market Closed	Market Closed

Key Points:

• Continuous Cycle: These sessions connect one after another from Monday to Saturday morning.
• The following is the breakdown of months for Daylight Saving Time:
  • Months that are in DST:
    • March (starting from the 2nd week)
    • April
    • May
    • June
    • July
    • August
    • September
    • October
    • November (until the 1st week)
  • Non-DST (StKamurd Time):
    • January
    • February
    • March (1st week)
    • November (starting from the 2nd week)
    • December

Trading Hours Option (WIB)*	Order Type	Time In Force (TIF) / Expiry Date
24-Hour Trading	Limit Order Only	DAY Only
Reguler	Market & Limit	DAY & GTC

Part 3: Frequently Asked Questions

Q: What happens if I place a Market Order outside the Regular Trading Session (for example, during Pre-Market, After-Hours, or Overnight)? 

A: Your order will be accepted by the system and placed in a queue. It will be automatically executed when the Regular Session begins. You will see the following message on the order preview screen: “Your order will be submitted, but will only be placed once the market opens.”

Q: What happens if my Limit Order (as a DAY order) is not filled when using “24-Hour Trading”? 

A: Your order will remain active and be carried over to the next session. If the order is still unfulfilled by the end of the “24-Hour Trading” cycle (at 07:00 WIB during DST or 08:00 WIB outside DST), it will be automatically canceled.

Q: Why is the stock price in the “24-Hour Trading” session different from the Regular Session? 

A: Because the trading volume is lower, prices can be more volatile, and the spread (the difference between the buy and sell price) can be wider. The price is not always the same as the closing price in the Regular Session.

Q: Why hasn’t my order been executed? 

A: The execution of an order in the “24-Hour Trading” session depends on several factors:

• Liquidity: There must be another seller or buyer at the price you set.
• Stock Availability: The stock you choose must support trading in this session.
• Reasonable Price Limit: Your limit price must be within a range that is considered reasonable by the market.

Q: Are there any additional fees? 

A: No. The transaction fees are the same in all sessions.

Q: Where is my transaction executed? A: Transactions outside of regular hours are not executed directly through the NYSE/NASDAQ exchange. Transactions are facilitated by our partner, BlueOcean Technologies, through Reku’s official broker, Alpaca

Q: What is the risk of using a Market Order versus a Limit Order? 

A: A Market Order prioritizes execution speed. It will be filled at the best currently available price, which guarantees the trade happens but not at a specific price. In low-liquidity situations, this can lead to slippage, where the execution price is significantly different from the price you saw. A Limit Order prioritizes price. It guarantees you won’t pay more (for a buy) or receive less (for a sell) than your set price, but it doesn’t guarantee the trade will execute at all.

Q: Why wasn’t my Limit Order filled even though the chart price reached my target? 

A: It’s important to know that the US Stock products on our platform are PALN products. This means your order execution is highly dependent on liquidity or the availability of buyers and sellers on the exchange. A Limit Order only executes if there’s a matching party at your specified price. The price shown on the chart is a reference (often the last traded price), not a guarantee of available liquidity at that exact price. If there’s no match, your order will remain unfilled.

Part 4: How to Place a “24-Hour” Order

• Open the US Stocks page and select the stock you want.

• Tap the Buy or Sell button.

• Select the Limit order type and enter your desired price.

• In the “Trading Hours” option, make sure you select 24-Hour Trading.

• Proceed to the preview page and confirm your order.