According to data from Robinhood, trading volumes during overnight hours in the first quarter of 2025 have more than doubled since the platform introduced 24-hour trading. Steve Quirk, a Robinhood executive, mentioned to Business Insider that Sunday evenings have become the busiest time for the platform. Users can now trade round the clock for five days each week.
Since the presidency of Donald Trump, there has been a noticeable increase in trading activity outside of traditional market hours. Quirk pointed out that Sunday has now become a key trading day, possibly due to significant news releases that impact markets. Notably, Robinhood experienced a surge in overnight trading volume following Trump's policy announcements made over the weekends.
While customers can place trades outside regular market hours, these trades are typically executed on the next normal trading day. In 2025, Robinhood's overnight trading volumes have more than doubled compared to the average since June 2023 when extended trading hours were introduced.
Quirk's remarks coincided with Nasdaq's recent announcement to enhance trading hours to cater to investors looking to trade US markets outside of the current hours. Robinhood has witnessed increased trade volumes following major news like tariff announcements and quarterly earnings reports.
Quirk views extended trading hours positively, citing that a more liquid market benefits traders. The diversity and age of Robinhood's customer base make extended trading hours preferable, as the concept of a closed market is unfamiliar to them. Despite fluctuations in Robinhood's stock performance, with a 2% increase in 2025 but a significant decline since its peak in February, the platform faces regulatory challenges as it recently had to pay substantial fines and restitution to customers following an order from the Financial Industry Regulatory Authority.