Guides and analysis from the trading desk.
When you think of the elite, you probably think of Harvard or MIT, the Navy SEALs and Delta Force, or people like Warren Buffett, Ray Dalio, Bill Ackman and Steve Jobs. They all get to that level the …
When a US-listed stock is delisted, your shares stay in your account, but the exchange stops trading them and the stock may move to the over-the-counter market, where quotes can be wider, thinner, or …
When a US-listed company is acquired for cash, its shares usually stop trading on the first trading day after the deal closes, and your broker turns each share into the deal price. Open orders cannot …
As of October 13, 2026, no US exchange trades single-stock options in extended hours yet, but the approved rules already answer the expiration-day question. NYSE American's Rule 901.2NY(i) says an exp…
As of October 2026, a Monday or Wednesday stock option expires at the close of business on its expiration date and follows the same exercise process as a Friday weekly. An option that is in the money …
A Rule 605 execution quality report is a monthly public file in which a trading venue or a large broker discloses how its market orders and marketable limit orders in US stocks were filled: how often …
As of October 13, 2026, a limit order marked for the right session is the main order type the SEC-approved extended-hours option sessions are built around. Cboe, Nasdaq MRX and NYSE American have appr…
As of October 2026, the Texas Stock Exchange (TXSE) runs an Opening Auction at 9:30 a.m. ET, a Closing Auction at 4:00 p.m. ET and a Halt Auction after regulatory halts for the securities it lists, an…
As of October 13, 2026, a stock that moves its listing to the Texas Stock Exchange (TXSE) changes its listing exchange, not the list of places where it can trade. Section 12(f) of the Exchange Act let…
As of October 13, 2026, the Texas Stock Exchange (TXSE) is the listing exchange for seven ETFs, led by Texas Capital's TXS and OILT, and for stocks, units and preferred securities from Energy Transfer…