Online brokerages Futu, UP Fintech suspend night trading of U.S. stocks

 Online brokerages Futu Holdings and UP Fintech Holding , known for helping Chinese investors buy global stocks, have told clients that night trading of U.S. shares would be suspended on Tuesday after a surge in global market volatility.

The brokers attributed the move to notices they received from U.S. service provider Blue Ocean, without giving details. Blue Ocean gives clients electronic access to trade U.S. stocks between 8:00 pm and 4:00 am ET (0000-0800 GMT), Sunday to Thursday, and access to data.

Source: REUTER