What moves QQQ and SPY afterhours?

[guest_trader_1]

Both of these ETF's continue to trade after the market close for an additional 15 mins. How does that work?

https://www.investor.gov/introduction-investing/investing-basics/glossary/exchange-traded-fund-etf#:~:text=Exchange-traded funds (ETFs),by SEC-registered investment advisers.

ETFs are private companies, they can run their private market as long as they want.

An usual way of working is to track the underlying asset during trading hours and the futures markets after hours.

 

[SunTrader]

I just posted (yesterday) a chart with after hours (upto 8pm restarting 4am). No need for mysterious private market stuff.

 

[qwerty11]

QQQ and SPY both trade from 4AM to 8PM, nonstop. The ES and NQ futures do not trade from 16:15 to 16:30, and from 17:00 to 18:00.

No, you don't understand.

What TS intends to ask is: (why) do these ETFs trade until 16:15 in REGULAR TRADING

(the title of this topic is confusing in relation to the actual (not good phrased) question of the TS...)

 

[DaveV]

No, you don't understand.

What TS intends to ask is: (why) do these ETFs trade until 16:15 in REGULAR TRADING

(the title of this topic is confusing in relation to the actual (not good phrased) question of the TS...)

You are correct. I misread the question.

 

[SunTrader]

Huh?

The question is right in the topic title.

What moves QQQ/SPY in after hours trading.

 

[qwerty11]

OK but in the body he asks very specifically "why they continue to trade after the market close for an additional 15 mins." So that's probably his real question (title is just a generic phrase).

Point is, it could be that most people don't know that some stocks have extended regular trading (i.e. with the RT rules, not the PM/AH rules). If that's the case than the question is not understood anyway. Therefore my remarks...

 

[SunTrader]

OK but in the body he asks very specifically "why they continue to trade after the market close for an additional 15 mins." So that's probably his real question (title is just a generic phrase).

Point is, it could be that most people don't know that some stocks have extended regular trading (i.e. with the RT rules, not the PM/AH rules). If that's the case than the question is not understood anyway. Therefore my remarks...

I'm not a mind reader but his question was answered already.

 

[LanceJ]

Market Makers balancing their books. Opening gaps indicate imbalances.