Lesson 2 of 8

Where Stocks Trade

NYSE, NASDAQ, and how your order works

NYSE

Founded 1792

JPMorgan, Coca-Cola, Walmart

Traditional companies

NASDAQ

Founded 1971

Apple, Microsoft, NVIDIA

Tech-heavy

Market Open

9:30 AM

Eastern

Market Close

4:00 PM

Eastern

Trading Days

Mon-Fri

~252/year

When you tap "buy" on Robinhood or Fidelity, your order goes to an exchange and gets matched with a seller. Every trade has two sides.

fun fact

Pre-market starts at 4 AM. After-hours goes to 8 PM. But most volume and price discovery happens during regular hours.

Check yourself

When are US markets open?

Previous

What Is a Stock?