We certainly can't provide it on our own. Michael Satow, CEO of Eclipse Trading, the company that owns Indivex, said he's negotiating with other brokers, market makers and institutions to get them on board. In addition to liquidity, there are other potential snags. A large trader could enter a light volume after-hours market and manipulate prices. Price quality is another concern.
Prices can change fast on volatile stocks like Internet issues.
Thin volume would increase volatility. Indivex plans to limit the dollar amount of trades allowed on its system. To protect you from yourself, Discover won't allow any market orders. If you're thinking it might be easy to make a few bucks riding bumps off after-hours earnings reports, think twice, Stein warns. You're competing against professionals.