Why Does Pluang Offer the 24-Hour Market for US Stocks?
The feature exists because Pluang works with Alpaca Securities LLC, the US broker that provides extended-hours access, and Alpaca operates in compliance with the US Securities and Exchange Commission and the Financial Industry Regulatory Authority. That partnership is what makes it possible for Pluang to offer trading in US stocks outside the standard exchange window in a regulated way. The reason for offering it at all comes down to timing. Regular Market hours fall roughly between 21:30 and 04:00 WIB, which means someone in Indonesia is asleep or at work for much of the window in which their holdings can actually be traded. Company announcements and global events do not wait for that window to open, so without extended access you would have to sit on news for hours before you could act on it.
- Who provides it: Alpaca Securities LLC, the US broker Pluang partners with for US Stocks
- Regulatory standing: Alpaca operates in compliance with the US Securities and Exchange Commission and FINRA
- The timing problem it solves: Regular Market hours fall roughly 21:30–04:00 WIB, an awkward window for users in Indonesia
- News does not wait: company announcements and global events happen outside the Regular Market window
- What that means for you: you can act on information when it arrives rather than waiting for the next session to open
- What it does not change: the feature is an extension of the existing US Stocks product, not a separate one
Related questions:
Q: Is extended-hours trading actually regulated?
Yes. It is provided through Alpaca Securities LLC, which operates in compliance with the US Securities and Exchange Commission and the Financial Industry Regulatory Authority. Pluang's access to US Stocks sits within that regulated arrangement, so the extended sessions are not an informal or off-market workaround. They run through a US broker that is licensed and supervised by those two regulators in the same way as Regular Market trading.
Q: Why would I use it instead of just waiting for the Regular Market?
Because the wait can be long and the news is not. Regular Market hours only open at around 21:30 WIB, so an announcement made in the Indonesian morning would otherwise sit for most of a day before you could respond to it. Extended access lets you adjust an entry or an exit while the information is still fresh, rather than waiting for the next Regular Market session to open.
Q: Did Pluang build the 24-Hour Market itself?
No. It is provided through Pluang's broker partnership rather than built in-house. Alpaca Securities LLC supplies the extended-hours capability, and Pluang surfaces it inside the app alongside Regular Market trading. That is also why the rules in the extended sessions, Limit Orders and DAY validity only, are set by the underlying market structure and the broker arrangement rather than by Pluang alone.
Q: Does offering the 24-Hour Market change how the rest of US Stocks works?
No. It is an extension of the existing US Stocks product, using the same account, the same balance, and the same portfolio. Regular Market trading is unchanged, the fee structure is the same in both, and stocks without the "24" marking simply continue to trade during Regular Market hours exactly as they always have done, with no change to how you place or manage those orders.