We will not have pre-market or after hours support, we will execute trades during regular trading hours (9:30 a.m. to 4:00 p.m. Eastern Time). If trades are placed prior to the market being open, they will be executed once trading hours are open.
What kind of transactions can I do? Market buy, shorts, limits?
Currently, the only kind of transaction we have on Abra are market orders. We do not have shorts or limits at this time.
Market order - this is the current transaction type Abra has on the platform (buy/sell). The order is executed immediately at the ‘market’ rate. It will usually execute near the current bid or ask price, meaning it gets priority on the order book.
Is there leverage trading or trading on margins?
There will be no leverage trading or trading on margins at this time. We are planning on adding shorting as a transaction type, and shorting would be on margin trading, so we will work towards trading on margins at a later date.
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