<div data-page-id="YDppds6HRoAXi1xlQaZuvGKks8f" data-lark-html-role="root" data-docx-has-block-data="false"><h2 class="heading-1 ace-line old-record-id-U9vedxgZyopzw9x05wTu5jmKsfb"><strong>Key Takeaways</strong></h2><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-W7syde3fnorwMRxlBWpue9mVsxd" data-list="bullet"><div><span style="font-size: 16px;"><strong>Fed Interest Rate Decision is the core driver of the US stock market:</strong> Interest rate hikes tend to suppress equities, particularly tech stocks, while rate cuts stimulate the economy and bolster market performance.</span></div></li><li class="ace-line ace-line old-record-id-A2jGdnFHhorKRfxfalkuyNMtsah" data-list="bullet"><div><span style="font-size: 16px;"><strong>Inflation Data dictates the trajectory of monetary policy:</strong> Readings of the Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE) price index that exceed expectations will fuel rate hike anticipations, putting the US stock market under pressure.</span></div></li><li class="ace-line ace-line old-record-id-RrDEdglIMoO7sdxAWwpuMAWpsBg" data-list="bullet"><div><span style="font-size: 16px;"><strong>The Nonfarm Payrolls (NFP) report reflects economic health:</strong> Robust employment data supports the market but may trigger inflation concerns; conversely, weak data may prompt easing policies.</span></div></li><li class="ace-line ace-line old-record-id-XpRFdC8xaorEFbx8L9YukzlKs7b" data-list="bullet"><div><span style="font-size: 16px;"><strong>Earnings season directly impacts individual stocks and the broader market:</strong> Financial results from industry leaders create ripple effects across sectors, marking a critical window for portfolio rebalancing.</span></div></li><li class="ace-line ace-line old-record-id-BBWqdyTLXoQCDRxCxEtuGGQHsCg" data-list="bullet"><div><span style="font-size: 16px;"><strong>Triple Witching Day, Institutional Holdings Reports (13F), and geopolitical events increase </strong><strong>market volatility</strong><strong>:</strong> Investors should closely monitor these specific timelines and macroeconomic shifts to manage risks effectively.</span></div></li></ul><div class="ace-line ace-line old-record-id-L6rRd3Jnxoyqp0x2vFnuCUK1sql"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LqRwdTfFqouJamxaqAIu626es0c"><span style="font-size: 16px;">For investors trading US stocks through licensed brokers partnered with MEXC, understanding the core economic events that impact the market is of paramount importance. These events not only dictate short term market volatility but also shape long term investment strategies. This article will provide a detailed analysis of several key economic events affecting US stock trading, helping investors better seize market opportunities and mitigate investment risks.</span></div><div class="ace-line ace-line old-record-id-YY9wd0tsJonAWexwclzuZOkEsKh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-DM6odxVjwoBX2MxdNVIufwfQsOh"><strong>1. Fed Interest Rate Decision: The Bellwether of the US Stock Market</strong></h2><div class="ace-line ace-line old-record-id-O4JSddqIOou3S9xQjjZuUh3ks6I"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-PCWFdcT79oS11WxXftZuVZwmsPe"><span style="font-size: 16px;">1.1 The Importance of the Fed's Monetary Policy Meetings</span></h3><div class="ace-line ace-line old-record-id-Hj94dM9a2o3o6IxwEyPuwQtWs8e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Ikd3dff8soTEtlxLSnzuHR8Yshc"><span style="font-size: 16px;">The <a data-lark-is-custom="true" href="https://www.federalreserve.gov/">Federal Open Market Committee</a> (FOMC) meetings are the most critical economic events impacting US stock trading. As the central bank of the United States, the Fed regulates the economy by adjusting interest rates. Its monetary policy decisions directly influence the liquidity of the entire financial market and investor confidence. The Fed holds eight regularly scheduled meetings per year and may convene emergency sessions under special circumstances to deliberate on whether to hike or cut interest rates.</span></div><div class="ace-line ace-line old-record-id-GIHid9CcUoXA29xSj2eutVZysqg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-YEuEd4yLbovR5PxiX5KubPsGsBe"><span style="font-size: 16px;">1.2 Impact of Rate Hikes and Cuts on US Stocks</span></h3><div class="ace-line ace-line old-record-id-PddydnceNobcqCxnVSMuuM5BsEh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LM6uduMYIoNOvxxggz1u41f4szc"><span style="font-size: 16px;">When the Fed decides to hike interest rates, rising borrowing costs tend to dampen corporate investment and consumer spending. This impact is most pronounced for high valuation tech and growth stocks. In a high interest rate environment, investors often shift their preference toward fixed income products like bonds, leading to capital outflows from the stock market. Conversely, when the Fed cuts rates, the lower interest rate environment stimulates economic growth and reduces corporate financing costs, which typically bolsters US stock market performance. For investors trading US stocks through licensed brokers partnered with MEXC, closely monitoring the timing and outcomes of Fed monetary policy meetings can help in better adjusting portfolios and mastering market pace.</span></div><div class="ace-line ace-line old-record-id-Uzl6dlD25oeh43xjFFeubVjnsHe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-QBKmdjPIbo8zqyxroSrukVlmsrf"><strong>2.Inflation Data: The Barometer of Monetary Policy</strong></h2><div class="ace-line ace-line old-record-id-E34tdldPPosc4Ixax9ku6JUVs1b"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-HxFydHYs4o3vLfxLiSmu7uuXstd"><span style="font-size: 16px;">2.1 Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE)</span></h3><div class="ace-line ace-line old-record-id-Yswpdc2hKovd4Pxxx9UuKalksme"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SKVQdVOLOoAy0rxuxlOuI7P2swf"><span style="font-size: 16px;">Inflation data represents another critical economic indicator impacting US stock trading. Among these, the Consumer Price Index (CPI) and the Personal Consumption Expenditures (PCE) price index serve as key benchmarks for the Fed when formulating monetary policy. When inflation data exceeds expectations, the market anticipates that the Fed may adopt more aggressive rate hikes to curb inflation, which typically exerts a negative impact on US stocks. Conversely, if inflation data falls below expectations or shows a downward trend, the market may perceive that the Fed could pause rate hikes or even pivot toward rate cuts, which is generally viewed as positive news for the market.</span></div><div class="ace-line ace-line old-record-id-ZRCWdspRuoFOz2xrWP2uZ9wdspv"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-UJVjd4fjyo7BCCx2uzrulrCgsHh"><span style="font-size: 16px;">2.2 Trading Strategies During Inflation Data Releases</span></h3><div class="ace-line ace-line old-record-id-JjZNdRFAsosgCHxNLKcuSZjTssa"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O5vRd5KQcoeK3axMSaQuLuqosNe"><span style="font-size: 16px;">Inflation data is typically released at fixed times each month. Investors trading through licensed brokers partnered with MEXC should adopt cautious trading strategies around these announcements. Before the release, investors often adopt a sideline approach, which may lead to reduced trading volume. Once the data is published, the US stock market can experience intense volatility depending on the discrepancy between the actual figures and market forecasts. Investors should implement risk management in advance and avoid over trading during periods of high volatility.</span></div><div class="ace-line ace-line old-record-id-EeqXdrYphoHOA2xpRLrurr7xsLe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-CLHddiFyJo6sGXx2BQYuuENUs7g"><strong>3.Nonfarm Payrolls (NFP): The Thermometer of Economic Health</strong></h2><div class="ace-line ace-line old-record-id-DKRQdtzDcoAM0bxTf33ukljlstf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-YjzUdBW07omQX3x3LONueEyFsie"><span style="font-size: 16px;">3.1 How Employment Data Impacts US Stocks</span></h3><div class="ace-line ace-line old-record-id-UsUYd84QBoZykXxvJvQuf36fsPe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GDhSdj9jgooBOUxjIxsu7jQAsdd"><span style="font-size: 16px;">The Nonfarm Payrolls report is a vital indicator reflecting the strength of the US economy, typically released on the first Friday of each month. Robust employment data suggests steady economic growth and positive corporate earnings outlooks, generally providing support to the US stock market. However, if the data is excessively strong, it may trigger inflation fears, leading the market to anticipate a tightening of monetary policy by the Fed, which can exert pressure on stocks. Conversely, while weak employment data may spark recession concerns, it could also prompt the Fed to adopt a more accommodative monetary policy, thereby offering support to the market.</span></div><div class="ace-line ace-line old-record-id-AngUdFezSo27JEx5Wzvu5esZsCg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-KNvYdTd2toevpOxGw7DuIqwzsce"><span style="font-size: 16px;">3.2 Utilizing Employment Data to Guide Investments</span></h3><div class="ace-line ace-line old-record-id-VNjmdMIrdoJohlxRQZou0VOZsnG"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZAwSdOwlSorXdKx2TUOuPVYzsec"><span style="font-size: 16px;">When trading US stocks through licensed brokers partnered with MEXC, investors should conduct a comprehensive analysis of the NFP report’s various dimensions, including nonfarm payroll additions, the unemployment rate, and average hourly earnings growth. The combined performance of these metrics helps investors identify the current stage of the economic cycle to adjust their investment strategies accordingly. For instance, during the early stages of economic expansion, strong employment data is typically a positive signal; however, during periods of economic overheating, overly robust data may signal looming interest rate hikes.</span></div><div class="ace-line ace-line old-record-id-BHoLdCzjBoH446x6TIOuuJ0fsVe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-OmgRdpoK9ovujox28hourWABsUd"><strong>4. Earnings Season: Critical Moments for Individual Stock Performance</strong></h2><div class="ace-line ace-line old-record-id-XfRCdrm99oXJeAxm5E5uUHFFsHg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-UdoidSzW9ohKMtxST1cuCOOysib"><span style="font-size: 16px;">4.1 Earnings Season Schedule</span></h3><div class="ace-line ace-line old-record-id-DS5LdpEOMoUQNcxRCOAu4iTUsQd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Al25dLkffo4xhnxr6gcugaQzsRL"><span style="font-size: 16px;">The US earnings season typically begins in the third week of January, April, July, and October each year, as public companies release their financial results from the previous quarter. Market volatility often intensifies during this period, as a company's actual performance directly influences investor judgment regarding its valuation. For investors trading US stocks through licensed brokers partnered with MEXC, earnings season serves as a vital window to validate investment decisions and rebalance portfolios.</span></div><div class="ace-line ace-line old-record-id-Qo15dawwXoLjeCx7eo8u02T5sgb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-XfDIdD795ohv3Sx4RlaujWJYsyh"><span style="font-size: 16px;">4.2 Market Impact of Industry Leaders' Earnings</span></h3><div class="ace-line ace-line old-record-id-De6gdoZTeoryJmxPbZxuOsHEs2g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-HaeLdjo0Logc5LxU0r3ueF16s1g"><span style="font-size: 16px;">The earnings reports of technology giants deserve particular attention. The performance of these industry leaders affects not only their own stock prices but also triggers a ripple effect across their respective sectors and even the broader market indices. If an industry leader beats market estimates, it often drives a rally across the entire sector or the broader market. Conversely, if earnings miss expectations, it may cause market panic and lead to a broader decline. Therefore, investors should closely monitor the earnings release dates of key corporations and prepare their strategies in advance.。</span></div><div class="ace-line ace-line old-record-id-A4YOd0HiioavB7x6JVcuiT8Csie"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-UTIddpNM3ohAZxxrdMAu0X46sFe"><strong>5. Other Important Economic Events</strong></h2><div class="ace-line ace-line old-record-id-CooIdqFsHoka3Lx46sUuS1IPsIe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Gx8WdX0l4oaVvFxSRezu3OPHsrg"><span style="font-size: 16px;">5.1 Market Characteristics of Triple Witching Day</span></h3><div class="ace-line ace-line old-record-id-Bbj1dYkeRo0Tkhxx3XBuMaEYsEc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XPo5dvjFUo9IRexyV6tufOlgsaf"><span style="font-size: 16px;">Triple witching day occurs on the third Friday of March, June, September, and December each year. It marks the simultaneous expiration of three major types of derivatives: stock index futures, stock index options, and individual stock options. On Triple Witching Day, large scale contract rollovers and offsets by investors lead to a significant surge in trading volume and heightened volatility. During these periods, investors should remain vigilant, maintain rational position, and avoid unnecessary losses caused by abnormal market fluctuations.</span></div><div class="ace-line ace-line old-record-id-Du4xdanUqoyYSYxxRdcu2b3esRe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-RPFhdUR4foXUrDxCZ1EuVqugsse"><span style="font-size: 16px;">5.2 13F Reports (Form 13F Filings)</span></h3><div class="ace-line ace-line old-record-id-HtvJd8RwzoqwAOxqdJbu4wspsmc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-F1fld0Ctmoq2n3xQU0Kus8Pgs3g"><span style="font-size: 16px;">The U.S. Securities and Exchange Commission (SEC) requires institutional investment managers with assets under management exceeding $100 million to submit Form 13F within 45 days of the end of each quarter. These reports, typically released by the 15th of February, May, August, and November, disclose changes in the holdings of major institutions. For retail investors, these filings serve as a valuable reference for tracking institutional money flows. While investors can draw insights from institutional strategies, they must make independent decisions based on their own risk tolerance and investment objectives.</span></div><div class="ace-line ace-line old-record-id-FtC5dq5uxoVMEHxupEYuVxx2szB"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Lv1HdpepOotmaJx8lMRu79XqsTe"><span style="font-size: 16px;">5.3 Geopolitics and Policy Shifts</span></h3><div class="ace-line ace-line old-record-id-Eekrdz1OmocjpRxiJR4uWiYnsdg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GrnVdEOwyoge7Ux8yw5u5r2zsef"><span style="font-size: 16px;">Geopolitical conflicts, changes in trade relations, and government policy adjustments can all exert a profound impact on the US stock market. For instance, international trade frictions may affect the earnings outlook of multinational corporations, changes in tax policies directly influence net profits, and geopolitical crises often trigger risk aversion in the market. Investors must stay attuned to the global macroeconomic environment and adjust their investment strategies promptly to navigate these uncertainties.</span></div><div class="ace-line ace-line old-record-id-Fp3OdhYXeoRFZ8x6bA1um6wys2y"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-NCNjdgxyEo2rRgxaQIpuBdqDsmh"><strong>6. FAQ</strong></h2><div class="ace-line ace-line old-record-id-P4DSdp9NQotimsxYwFKudkj1sK0"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-V9e3dBJXiofwnmx2Beiucdv1sAc"><span style="font-size: 16px;">6.1 How do Fed rate hikes affect the stock market?</span></h3><div class="ace-line ace-line old-record-id-K8oYdVkaYoXzvoxWvi3uuRtGswc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O0LKdhBfmoHwusxbRKgucXjNscf"><span style="font-size: 16px;">Fed rate hikes raise market interest rates and increase corporate financing costs. At the same time, they make fixed income products, such as bonds, more attractive, leading to capital outflows from equities. Rate hikes typically dampen US stock performance, with a more pronounced impact on high valuation tech stocks. However, if the magnitude of the hike meets market expectations and economic fundamentals remain strong, the market may have already priced in this bearish factor in advance.</span></div><div class="ace-line ace-line old-record-id-QJBsduSjOo165PxAAUtu78rHsCf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-SRAsdLIMSod2KXxhvDeuc1NYs3b"><span style="font-size: 16px;">6.2 How do US rate cuts affect the US stock market?</span></h3><div class="ace-line ace-line old-record-id-FLrvdzPkOosHZ6xG9dJuLQQ5sLR"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SwqLdAAbpoGfxQxQFexuUopJsgd"><span style="font-size: 16px;">US rate cuts are generally viewed as bullish for the stock market. Lower rates reduce corporate financing costs and stimulate investment and consumption, which is conducive to earnings growth. Furthermore, a low interest rate environment makes stocks more attractive compared to bonds, driving capital into the market. However, if rate cuts are driven by fears of an impending recession, market reactions can be complex and require a comprehensive assessment of the economy.</span></div><div class="ace-line ace-line old-record-id-CMU2dg9rFol2PnxonoauxhRlsCg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-EIfcdbknDoSWJ1xWA9Pu9Igqsvf"><span style="font-size: 16px;">6.3How do rate hikes impact the USD?</span></h3><div class="ace-line ace-line old-record-id-FeCodIoi7oNseCxeCC5uxevOstf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-A1BbdE9acoGLQ1xSfSJu4Zhxsqf"><span style="font-size: 16px;">Rate hikes usually enhance the appeal of the USD, as higher interest rates attract international capital seeking better returns, thereby pushing up the exchange rate. A stronger dollar can pressure US exporters and negatively affect the translated overseas earnings of multinational corporations. MEXC investorsshould consider the impact of currency fluctuations on their total investment returns when trading US stocks.</span></div><div class="ace-line ace-line old-record-id-CUEzdGLWjoAZSDx2b3juUwXAsne"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-BAFDdhDO0oNtPux6VRou05REsIg"><span style="font-size: 16px;">6.4 How should I manage risk during economic data releases?</span></h3><div class="ace-line ace-line old-record-id-PmUpdrWRBor23Rx84EZubXVwsJd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UXvLdmGB2o6bFIxuM4VuSIcqs6f"><span style="font-size: 16px;">Market volatility often intensifies around major economic announcements. MEXC investors can adopt the following risk management strategies: reduce positions in advance to avoid over leveraging; set SL and TP levels to control risks; monitor the discrepancy between actual data and market forecasts to adjust strategies quickly; and avoid blindly chasing rallies or selling into dips. Sound risk management is the key to long term, stable investing.</span></div><div class="ace-line ace-line old-record-id-XmZZdm4LTo0PAmxWBbyudZ8ksle"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-SgcjdrwMaoMKhoxiDnauqxZ1sng"><span style="font-size: 16px;">6.5 How should I adjust my investment strategy during earnings season?</span></h3><div class="ace-line ace-line old-record-id-TNB8dljPyo6hD6xbLdUuf6EmsTb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TGBIdggFmoBoZixZ2fuuCqXjshd"><span style="font-size: 16px;">Earnings season is a critical period for evaluating a company's operational quality. MEXC investors should research business fundamentals and monitor market estimates before earnings are released to avoid chasing highs blindly. After the release, analyze the financial data and management's future guidance to determine if the stock price is rational. Consider timely stop losses for holdings that miss expectations, while potentially increasing positions in high quality companies that beat estimates.</span></div><div class="ace-line ace-line old-record-id-A2BcdYuGCoSiNOx20dJu8AJbspb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OrkHdGHRtoSf9jxpxLUu1mdmscd"><span style="font-size: 16px;">Numerous economic events impact US stock trading, each capable of triggering significant market volatility. As a US stock investor through MEXC, gaining a deep understanding of the underlying logic and impact mechanisms of these events will help you better seize opportunities and mitigate potential risks. We recommend that investors maintain their own economic calendar, track the release schedules of vital data, and utilize the market analysis tools provided by MEXC to develop scientific and rational investment strategies.</span></div><div class="ace-line ace-line old-record-id-EJj2dvYNuouoZoxtpdMugTxgslc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VsJrdsUmmo7feVx2iZAu8Vunsdb"><span style="font-size: 16px;">Recommended Reading:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-N9gcdOm1XoIhkAxLF0gu3yMysjf" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791535795" style="font-size: 16px;">What Is RealStocks?</a></div></li><li class="ace-line ace-line old-record-id-ZgtldcaqyoaEwfxZD80uvb2jsme" data-list="bullet"><div><a href="https://www.mexc.com/support/article/realstocks-trading-faq-382924861612411904" data-lark-is-custom="true" style="font-size: 16px;">RealStocks Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-KDSudaHDkodKi5xpaosu8oefsfc" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/common-us-stock-order-types-explained-369454005926051840">Common US Stock Order Types Explained</a></span></div></li><li class="ace-line ace-line old-record-id-WHCmdS2V3ooNnBxu4KGuMVFms3d" data-list="bullet"><div><span style="font-size: 16px;"><a href="https://www.mexc.com/support/article/how-to-choose-the-right-us-stocks-for-you-370640610900656128">How to Choose the Right US Stocks for You </a></span></div></li><li class="ace-line ace-line old-record-id-HYRTd0Hmno7uvMxiLMMumgvRsph" data-list="bullet"><div><a href="https://www.mexc.com/support/article/us-stock-market-vs-a-shares-hong-kong-stocks-japanese-stocks-and-european-stocks-355185102366433280" data-lark-is-custom="true" style="font-size: 16px;">US Stock Market vs. A-Shares, Hong Kong Stocks, Japanese Stocks, and European Stocks</a></div></li></ul><div class="ace-line ace-line old-record-id-Uak3dC6MtoVb5oxGWjwuKvXtsYc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UWDTdUT8uo7S7ZxN2YRuVUMusqd"><span style="font-size: 16px;"><strong>Disclaimer</strong>:</span></div><div class="ace-line ace-line old-record-id-WTjedkleYo9VC9xPWKiuMYq6snf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Hq2JdyTQaoBuuexDEAauJIahs4b"><span style="font-size: 16px;">The information provided herein is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. MEXC is not a registered investment advisor or broker-dealer. All investment strategies and investments involve risk of loss. Any content contained herein should not be relied upon as advice or construed as providing recommendations of any kind. Always conduct your own research and consult with a licensed financial professional before making any investment decisions.</span></div><div class="ace-line ace-line old-record-id-OiBCdNv6Nog9uqxW9O6uM4EKsMh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VV3ldf5Rqopp99xyzEPuOVKqsrd"><span style="font-size: 16px;">By participating in these investment activities you risk losing ALL OR SUBSTANTIALLY ALL OF YOUR ASSETS. Please understand and evaluate the risk of trading and assess your risk tolerance carefully before conducting any trading or investment activities.</span></div></div>lg...

<div data-page-id="XhR0dI3RUoG1eJxuywBu4naGsLc" data-lark-html-role="root" data-docx-has-block-data="false"><h2 class="heading-2 ace-line old-record-id-L4GfdoLMBooT8RxWvU4uHhcZsyd"><strong>Key Takeaways</strong></h2><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-IrVWdbQqnofIrUxpOYLuWK3psBe" data-list="bullet"><div><span style="font-size: 16px;">Extended trading sessions: US pre-market and after-hours trading allows investors to buy and sell stocks outside regular trading hours, which run from 9:30 am to 4:00 pm ET. Pre-market trading runs from 4:00 am to 9:30 am ET, while after-hours trading runs from 4:00 pm to 8:00 pm ET.</span></div></li><li class="ace-line ace-line old-record-id-JSSsds8Viot7wzx42iAu4cFms6e" data-list="bullet"><div><span style="font-size: 16px;">Trading rule limitations: Pre-market and after-hours trading generally supports limit orders only. Orders are matched through electronic communication networks (ECNs), are usually valid only during the corresponding session, and market liquidity is significantly lower than during regular hours.</span></div></li><li class="ace-line ace-line old-record-id-RnCTdnE4lomdhFxhnqKuPQMhs6g" data-list="bullet"><div><span style="font-size: 16px;">Key advantages: Investors can respond quickly to earnings releases, major news, and other unexpected events, reduce gap risk, and access more flexible trading hours.</span></div></li><li class="ace-line ace-line old-record-id-J7SddAGdCo7EuYxWmOHudOLOsAc" data-list="bullet"><div><span style="font-size: 16px;">Risks to watch: Investors may face significantly lower liquidity, sharper price volatility, wider bid-ask spreads, information asymmetry, and a higher risk of orders not being filled.</span></div></li></ul><div class="ace-line ace-line old-record-id-D8YodqW9LoTiDwxJtjBuiNAesFh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-KAY7dhs7ao5FwRxLcHhux2oTsCv"><strong>1. What Is US Pre-Market and After-Hours Trading?</strong></h2><div class="ace-line ace-line old-record-id-WPw3deqvCoYfY8xMM8juZGDFsHe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SdRNdXipyoX2qFxVZkTu8CVusLc"><span style="font-size: 16px;">US pre-market and after-hours trading refers to stock trading conducted outside regular market hours. Unlike traditional stock markets that only operate during fixed trading hours, the US stock market offers extended trading sessions, allowing investors to continue trading before the market opens and after it closes.</span></div><div class="ace-line ace-line old-record-id-KfmydnFB1ojVTcxwdn4u24bWsDM"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O4I8dy7pWoFMZ8xeJJEu23Idsqe"><span style="font-size: 16px;"><strong>Regular trading hours:</strong> 9:30 am – 4:00 pm ET (9:30 pm – 4:00 am next day Beijing Time during daylight saving time; 10:30 pm – 5:00 am next day Beijing Time during standard time)</span></div><div class="ace-line ace-line old-record-id-E2kkdhCmOo4EjoxWRMDu5dxGsoe"><span style="font-size: 16px;"><strong>Pre-market trading hours:</strong> 4:00 am – 9:30 am ET (4:00 pm – 9:30 pm Beijing Time during daylight saving time; 5:00 pm – 10:30 pm Beijing Time during standard time)</span></div><div class="ace-line ace-line old-record-id-JCGrdXt4roqrQaxTG9aurtdYsah"><span style="font-size: 16px;"><strong>After-hours trading hours:</strong> 4:00 pm – 8:00 pm ET (4:00 am – 8:00 am Beijing Time during daylight saving time; 5:00 am – 9:00 am Beijing Time during standard time)</span></div><div class="ace-line ace-line old-record-id-KRrldiDSVo9Oegx3YpVurGgBscd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MSs6dtR4BoTmSPxDD31umiTls5X"><span style="font-size: 16px;">This extended trading mechanism was originally designed for institutional investors. However, with the development of electronic trading platforms, retail investors can now also participate in pre-market and after-hours trading through brokers that support this function. MEXC provides users with convenient US stock trading services, helping them capture trading opportunities during pre-market and after-hours sessions.</span></div><div class="ace-line ace-line old-record-id-Kykkdk6T1o5yXhxMdyhuANs1szc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZtU7dewFLoKRCexKZ7FunSAqsSc"><span style="font-size: 16px;">*BTN- <strong>Trade RealStocks</strong>&amp;BTNURL=<span style="color:rgb(100,37,208)"><u><a data-lark-is-custom="true" href="https://www.mexc.com/trade-stocks">https://www.mexc.com/trade-stocks</a></u></span>*</span></div><div class="ace-line ace-line old-record-id-Ta8DdoeAkoUGFrxSTdIu3jnfsce"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-F9KFdjYzno9Ub3xHsXruZKh5s6c"><strong>2. How US Pre-Market and After-Hours Trading Works</strong></h2><div class="ace-line ace-line old-record-id-ZodwdkIp4o5zUmxjrjeuMENGsMZ"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-UU8Wd58tOoHsopxB5JhusGzks7f"><span style="font-size: 16px;">2.1 Special trading mechanism</span></h3><div class="ace-line ace-line old-record-id-IBscdNgQmoiJjBxjpTluu7amsMh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SrBqdYSAwoM22IxLa0EuDXuCsEA"><span style="font-size: 16px;">Pre-market and after-hours trading is mainly conducted through electronic communication networks (ECNs), which automatically match buy and sell orders. This is different from regular trading hours, when orders are matched through exchanges such as the <a data-lark-is-custom="true" href="https://www.nyse.com/index">New York Stock Exchange</a> (NYSE) and <a data-lark-is-custom="true" href="https://www.nasdaq.com/">Nasdaq</a>. Because there are fewer participants during extended hours, market liquidity is significantly lower, creating several unique trading characteristics.</span></div><div class="ace-line ace-line old-record-id-CUhLdlhYgoJgoRxjZSYuX2dxsCK"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-AHrVdNvXdoEgbjxiQiau6W6QsVc"><span style="font-size: 16px;">2.2 Limit order trading rules</span></h3><div class="ace-line ace-line old-record-id-KD2fduHOioCvtpx1J3Ru3skHsog"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SGl5dUL5coNERLxR4cgur65tssc"><span style="font-size: 16px;">During pre-market and after-hours trading, investors can generally use limit orders only. Market orders are usually not supported. This rule is designed to protect investors from sharp price fluctuations in low-liquidity environments. A limit order requires you to specify the exact price at which you want to buy or sell. The order will only be executed when the market price reaches your specified price or a better price.</span></div><div class="ace-line ace-line old-record-id-SIfjdHGptoyDVgx7SoeuWLY8smb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ZmLRdGOBvon8oDxVpZbuCenqsOb"><span style="font-size: 16px;">2.3 Order validity restrictions</span></h3><div class="ace-line ace-line old-record-id-E2vLdyOMGomWcwxJJUyuCW8FsSd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UZFDdjoWioUexpxYKDJui9K0snY"><span style="font-size: 16px;">Pre-market and after-hours orders are usually valid only during the corresponding session. If you place an order during the pre-market session and it is not filled, the order will not automatically carry over into the regular trading session unless you specifically select an all-session validity option, such as "pre-market + day + after-hours."</span></div><div class="ace-line ace-line old-record-id-FUx1dwpoFoxMdbxnszmunRX0sJe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Bm7fdmbr9opIWCxVJxjuY56asCc"><strong>3. Why Participate in US Pre-Market and After-Hours Trading?</strong></h2><div class="ace-line ace-line old-record-id-Sr7ndh3GXo68WhxEMHxuZd0HsdK"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-PtdddAC4Fo9PIlxnUITuoJDos1g"><span style="font-size: 16px;">3.1 Respond to major news in time</span></h3><div class="ace-line ace-line old-record-id-ODRVdFfIfoNyItxVEjxuc7Uns5e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AwPbd2pIxoLiixxTYbHuKJ8bste"><span style="font-size: 16px;">Many important company announcements, earnings reports, and economic data releases occur before the market opens or after it closes. Pre-market and after-hours trading allows investors to respond to this information immediately instead of waiting until the next regular market open.</span></div><div class="ace-line ace-line old-record-id-CHBXdbfCKoDQVFxWwzPubU2nsCf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-H3AudPPmKoe2lgxupMRuFQbvsTd"><span style="font-size: 16px;">For example, technology giants such as Apple and Tesla often release quarterly earnings after the market closes. If earnings exceed expectations, investors may choose to buy immediately during the after-hours session. If the results disappoint, they may also reduce exposure before the next regular session opens.</span></div><div class="ace-line ace-line old-record-id-NWNydxP0Ho7tyoxvENQulqhQszE"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ONEFdI5tSopE59xHHYautN5Is0b"><span style="font-size: 16px;">3.2 Adapt to global market movements</span></h3><div class="ace-line ace-line old-record-id-MdRZdBpMioa4RQx9WK9uzEG6s6g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BGPpdJHwwocPdqxdvhQu0KjDs4g"><span style="font-size: 16px;">US stocks are closely connected with other global markets. Major developments in European and Asian markets may occur before the US market opens. Pre-market trading allows investors to adjust their positions in advance based on international market movements.</span></div><div class="ace-line ace-line old-record-id-G4bJdYFTfowKxExcG0huopx6snh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Nysmdvcu0o3FOvxAWXXuhblasvd"><span style="font-size: 16px;">3.3 Greater time flexibility</span></h3><div class="ace-line ace-line old-record-id-MmAid7pLWoN5pxxtEKFuwZsPsch"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GfVtdXWD3o0PVVxvWfLuV2xBsNf"><span style="font-size: 16px;">For investors who are busy during the day, pre-market and after-hours trading provides more flexible trading hours, allowing them to manage their portfolios at a time that better fits their schedule.</span></div><div class="ace-line ace-line old-record-id-IjpVdhZhnoGqrgx5vfTuXfOostc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-YDBodgYMJoXNErxDdYfurrabs7c"><strong>4. Advantages of US Pre-Market and After-Hours Trading</strong></h2><div class="ace-line ace-line old-record-id-RpS4d9eJcoEqRixqeZBuH34Xszh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-B3Kkdbo0do1Uqzxc9Q0uDb2ksmb"><span style="font-size: 16px;">1. Early access to opportunities. After major news is released, pre-market and after-hours trading may allow investors to open or close positions before most market participants, allowing investors to react earlier to market-moving developments.</span></div><div class="ace-line ace-line old-record-id-ZObpdQbY9oLt4rx00cxuvIVAsJe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YRHCda2Zioz8vkxvWqduSRtqswf"><span style="font-size: 16px;">2. Reduced gap risk. If negative news about a stock you hold is released after the market closes, selling during the after-hours session may help you avoid a sharp gap-down at the next market open.</span></div><div class="ace-line ace-line old-record-id-Sjs8dJqmAotlFMxZffYuPRYUs0A"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AT1Id7eoUoKguOxx0VnudZCxsth"><span style="font-size: 16px;">3. Price discovery. Price movements during pre-market and after-hours sessions reflect the market's initial reaction to new information and can provide a reference for the opening price during regular trading hours.</span></div><div class="ace-line ace-line old-record-id-L2v6df5qeotnwQxOLczuO2NvsMe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SFkSd3SWbo9EkDxKiyvuaDn7sEc"><span style="font-size: 16px;">4. Less exposure to intraday noise. Trading during extended hours may help investors avoid some of the volatility seen during regular hours and execute their planned strategies with a more stable mindset.</span></div><div class="ace-line ace-line old-record-id-UU2OdUAEWoyAChxmPz3uHqpWsnb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Hg3ndjnBBoQWqSxYkTNuvz0GsXc"><strong>5. Risks of US Pre-Market and After-Hours Trading</strong></h2><div class="ace-line ace-line old-record-id-Zu6jdVdMmoHBdFx88QMuzA3nsfc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FVQWdpMjqoZwkCxUrYFumltRsFf"><span style="font-size: 16px;">1. Significantly lower liquidity. Because there are fewer participants, some stocks may have little or no trading activity, or very sparse bid and ask quotes, making it difficult for orders to be filled.</span></div><div class="ace-line ace-line old-record-id-XB18d9bESoBlg4xQ7IruZMzdswf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-V1BKdlZJ1olD6xxdkKBuPKxWsTc"><span style="font-size: 16px;">2. Sharper price volatility. In a low-liquidity environment, even a small number of orders may cause large price movements. A trade of several thousand shares may push a stock up or down by several percentage points within a short time.</span></div><div class="ace-line ace-line old-record-id-H6rmdxCaloXZQZxta14uksWDsqf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OgS0dM8gVo0t5PxuXhIuvx1zsih"><span style="font-size: 16px;">3. Wider bid-ask spreads. The gap between the bid price and ask price is usually much wider during pre-market and after-hours sessions than during regular trading hours. This means that even if your order is filled, your trading cost may be higher.</span></div><div class="ace-line ace-line old-record-id-SMe5duPNjol9KExBCFxuqJC9sPf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O7LhdYhB6o9mTUxKJg3ur9nSskb"><span style="font-size: 16px;">4. Information asymmetry. Institutional investors and professional traders can often access and interpret information faster. During pre-market and after-hours trading, ordinary investors may be at an information disadvantage.</span></div><div class="ace-line ace-line old-record-id-Qd2Tdqhf2ov1WZxqwi1uohU7sTg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OyYFdLdnooG9zcx7P0EuQGDdsif"><span style="font-size: 16px;">5. Potentially misleading prices. Extended-hours prices may not fully reflect where a stock ultimately trades once regular-session liquidity returns. Prices formed under low trading volume may be quickly corrected after the market opens.</span></div><div class="ace-line ace-line old-record-id-ABeAdGIUvo9UZNxxBCyu6L2kshe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PZzrdBNMPoxre2xEUSMuV31NsXd"><span style="font-size: 16px;">6. No guarantee of execution. Since only limit orders are generally supported, your order may remain unfilled if the market price does not reach your specified level, causing you to miss the trading opportunity.</span></div><div class="ace-line ace-line old-record-id-UISRdEHDOoJV0RxNg97u7qrLsRf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-TnGFdQTrjoGlhaxssBFu93G8sKd"><strong>6. How to Participate in US Pre-Market and After-Hours Trading</strong></h2><div class="ace-line ace-line old-record-id-BHRXdxTBmonAmqxY92bujNvQsHg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-G0n1dM1WQokcWVx6Be7uvkU5spb"><span style="font-size: 16px;">1. Choose a suitable broker. Not all brokers support pre-market and after-hours trading. Even when they do, trading hours and fees may vary. Through its cooperation with licensed brokers, MEXC provides users with comprehensive US stock trading services and supports pre-market and after-hours trading, helping investors capture market opportunities across extended sessions.</span></div><div class="ace-line ace-line old-record-id-IHeBdVomAotyVjxdlC4ukUuSsCj"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Ms3zdLGEbozkbAxotmbuBiK3syc"><span style="font-size: 16px;">2. Set limit prices carefully. When placing an order, set a reasonable limit price to avoid accepting unfavorable prices just to complete the trade. You may refer to the regular session's closing price and real-time pre-market or after-hours quotes when setting your price.</span></div><div class="ace-line ace-line old-record-id-FflKdrx91owHOjxDh28uBhxjsJg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PUCodWfv5o7dD7xmCP6uhj1Oszg"><span style="font-size: 16px;">3. Control trade size. Due to liquidity risk, it is advisable to reduce the size of individual trades during pre-market and after-hours sessions to avoid difficulty in execution or excessive price impact.</span></div><div class="ace-line ace-line old-record-id-KGw0dMQVyoGseZxgzCauAdrmsbX"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Rniwd2g4QoJGAsxQiLHu5roasce"><span style="font-size: 16px;">4. Use stop-loss strategies. To avoid unexpected losses, investors should set reasonable stop-loss levels when participating in pre-market and after-hours trading to limit potential downside.</span></div><div class="ace-line ace-line old-record-id-PIjmdeEYtoLprvxM924usNVusqd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UwDLdLjfToLMy9xvC2IuGpV6smc"><span style="font-size: 16px;">5. Follow news and announcements. Pre-market and after-hours trading is highly driven by breaking news. Make sure you fully understand the information behind price movements and avoid blindly following the market.</span></div><div class="ace-line ace-line old-record-id-Mkl6dT73qot4xGxNW64uj3q6sZc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DW4IdijlUoVJD9x6421urJZXsGe"><span style="font-size: 16px;">6. Avoid small-cap and low-liquidity stocks. Large blue-chip stocks usually have better liquidity during pre-market and after-hours sessions. Small-cap and less actively traded stocks carry higher risks during extended trading hours.</span></div><div class="ace-line ace-line old-record-id-GokrdvEewo5OAtxJCh0u2QjnsPe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-DDHqdCvbJoxK4uxH8ZguioZBsMd"><strong>7. How to View US Pre-Market and After-Hours Data</strong></h2><div class="ace-line ace-line old-record-id-LbY5dZSRCopTm4x96YGuaQFGsgf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ENaYd9JZuon6nCxG5lOuG9Z7sYc"><span style="font-size: 16px;">Most financial websites and trading platforms provide real-time pre-market and after-hours quotes. MEXC offers comprehensive market data services, allowing users to view US stock pre-market and after-hours market data, including latest price, trading volume, bid and ask quotes, and other key information to support more informed trading decisions.</span></div><div class="ace-line ace-line old-record-id-CivodmP0boOfzlxrYvcupQh2sH2"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-OxBDd4OAXoImIyxm0C6uDPkhsll"><strong>8. Frequently Asked Questions</strong></h2><div class="ace-line ace-line old-record-id-XDYldPhpJoN1TuxLbYtu29iPsjf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-QOzgdDJA0o2UnXxY6huuHpDAs0f"><span style="font-size: 16px;">8.1 What time does US pre-market trading start?</span></h3><div class="ace-line ace-line old-record-id-XTUCdZnAro6spkxzvuquIMchsEg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Gxa8dAZMxonhu2xVpq7udkR6sUc"><span style="font-size: 16px;">Direct stock market access on MEXC supports pre-market trading from 4:00 am to 9:30 am ET. This corresponds to 4:00 pm – 9:30 pm Beijing Time during daylight saving time and 5:00 pm – 10:30 pm Beijing Time during standard time.</span></div><div class="ace-line ace-line old-record-id-RiUddc7nCoCnwJx7E0mup9b8sKl"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-BUSUdTNiToKbELxGULpueRxCseg"><span style="font-size: 16px;">8.2 Can US stocks be traded after hours?</span></h3><div class="ace-line ace-line old-record-id-UO54dHJIEoZvjrx3xkdutplJsGh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RblKdlywnoRZjCxZrMQuJHQasXh"><span style="font-size: 16px;">Yes. Direct stock market access on MEXC supports after-hours trading. US after-hours trading runs from 4:00 pm to 8:00 pm ET. This corresponds to 4:00 am – 8:00 am Beijing Time the next day during daylight saving time and 5:00 am – 9:00 am Beijing Time the next day during standard time.</span></div><div class="ace-line ace-line old-record-id-P9Mbdclb6oKFSJx4nMnuTJrNsdd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-LJ1MdxJ7Soq4ptxD57LuIE1vsHb"><span style="font-size: 16px;">8.3 What are the restrictions on US pre-market and after-hours trading?</span></h3><div class="ace-line ace-line old-record-id-Ukwydmi3Poya9ex6NQqubnDrsPc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EaXud4ibXot7X1xNbxAuAblCs1d"><span style="font-size: 16px;">The main restrictions include: limit orders only, usually lower trading volume, not all stocks are active, orders are valid only during the corresponding session unless an all-session option is selected, wider bid-ask spreads, and significantly lower liquidity than during regular trading hours.</span></div><div class="ace-line ace-line old-record-id-X1yOdR7ZWoKYVGx4goYuR3S0ssh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-EXP7dKVXaoEy1Nx74zkupuIssko"><span style="font-size: 16px;">8.4 How soon can I sell a US stock after buying it?</span></h3><div class="ace-line ace-line old-record-id-BTc9dFRauoGyVXxOpGMuOTlDsGc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RVXcdAOPhowwv1xWqaEukPiDsDf"><span style="font-size: 16px;">In the US stock market, you can sell a stock immediately after buying it, as US stocks follow a T+0 trading system. This gives investors greater flexibility, especially during pre-market and after-hours trading, allowing them to respond quickly to market changes.</span></div><div class="ace-line ace-line old-record-id-EMIadpxGAoxQQtxQGqZuOCyCsBc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-TJaQdlGkGoCI5SxrLmXu3YKgs15"><span style="font-size: 16px;">8.5 Do pre-market and after-hours prices affect the opening price?</span></h3><div class="ace-line ace-line old-record-id-XJZodfwD8o54PAxrGaUuIVRzsic"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Q3inddMrXoANI7xxjotu8AhBsud"><span style="font-size: 16px;">Yes, they may have some impact. Pre-market and after-hours price movements reflect the market's initial reaction to the latest information and usually provide a reference for the opening price. If there is a major price move during pre-market or after-hours trading, the stock may gap in that direction at the open. However, due to liquidity differences, pre-market and after-hours prices do not fully determine the opening price.</span></div><div class="ace-line ace-line old-record-id-ExjDdUIvnoOrYSxdSayuV0DCsTf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-JKn6dNQSvo5ohxxOJbDuWxTbsyh"><span style="font-size: 16px;">8.6 What does a sharp drop in after-hours trading mean?</span></h3><div class="ace-line ace-line old-record-id-Xi2SdAG25o8dyHxM1AduB2aOs7j"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AoGddaiA8oBDb3xzLmnuZl0xs9Y"><span style="font-size: 16px;">A sharp drop during after-hours trading usually indicates that negative news has been released, such as weak earnings results or unfavorable company announcements, and investors are quickly selling the stock. However, because after-hours liquidity is low, price movements may be amplified. The stock may rebound or fall further after the market opens, so investors should make a comprehensive assessment.</span></div><div class="ace-line ace-line old-record-id-M8vydjy1bognjaxqwgOuQ5g7sZf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-RR0ldAnHSoMl88x1QL2ulUV8sdh"><span style="font-size: 16px;">8.7 Where can I view US pre-market and after-hours data?</span></h3><div class="ace-line ace-line old-record-id-XTEHd3Nhvodk42x3z2guzaf9sMb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Nt5udjEBjonex5xcApjuPrTAsge"><span style="font-size: 16px;">You can view comprehensive US pre-market and after-hours data on MEXC, including quotes, trading volume, bid-ask spreads, and other key information. Major financial websites also provide related data.</span></div><div class="ace-line ace-line old-record-id-QKMXdsq9xoWnArxOaKKupBl8sRh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-FebHde1eoomOhuxHJqBu295Lsdc"><span style="font-size: 16px;">8.8 Is US pre-market and after-hours trading suitable for beginners?</span></h3><div class="ace-line ace-line old-record-id-Eq2edVavNoOjzyx58Fruk86rs6f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BVaZd5ehaoK064x7zvmuUwhes8b"><span style="font-size: 16px;">Pre-market and after-hours trading carries high risk. For investment beginners, it is advisable to first understand how the market works during regular trading hours and gain sufficient experience before participating in extended-hours trading. Beginners should start with small amounts and manage risk strictly.</span></div><div class="ace-line ace-line old-record-id-ClmydU1dPonhUqxaS1vuDiCvsmc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-JhsXdoSJWoz2eexfUGLuhuSisSb"><strong>Conclusion</strong></h2><div class="ace-line ace-line old-record-id-J8AadBObvoG6d6xOzonupmXTsgd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Acu0dXL7foERC4xWDYNuDQ8DsKd"><span style="font-size: 16px;">US pre-market and after-hours trading provides investors with more flexible trading hours and more opportunities to participate in the market, allowing them to respond quickly to major news and global market movements. However, risks such as insufficient liquidity, sharp price volatility, and information asymmetry should not be ignored.</span></div><div class="ace-line ace-line old-record-id-AQmmdLelsodOUoxD1f8uxfyqslf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DtcmdNOE4oYzzrxkxfoupdk2s7e"><span style="font-size: 16px;">As an investor, you should fully understand the characteristics and risks of pre-market and after-hours trading, build a reasonable trading strategy, and follow strict risk management practices. MEXC is committed to providing users with secure and convenient US stock trading services.</span></div><div class="ace-line ace-line old-record-id-CYIhdl8OQopIiRxbAOxuuduxs6g"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-XQlXd97vGoQpZJx7Easu8KWDsle"><span style="font-size: 16px;">Recommended Reading:</span></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-PNLedv2WDoOiiMxSyTmuKGglsmc" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791535795" style="font-size: 16px;">What Is RealStocks?</a></div></li><li class="ace-line ace-line old-record-id-WfKGdYuEIokZJVxTUr4ueAUUsif" data-list="bullet"><div><a href="https://www.mexc.com/support/article/realstocks-trading-faq-382924861612411904" data-lark-is-custom="true" style="font-size: 16px;">RealStocks Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-Tk7BdlmhYo2OBZx8F8WuLj3PsHe" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-guide-to-us-stock-overnight-trading-357458016239358976" data-lark-is-custom="true" style="font-size: 16px;">A Guide to US Stock Overnight Trading: Trading Hours, Rules, and Risk Analysis</a></div></li><li class="ace-line ace-line old-record-id-BTScdt1r9oJ67exunhwuTOInsld" data-list="bullet"><div><a href="https://www.mexc.com/support/article/us-stock-market-trading-hours-and-holidays-357457114296227840" data-lark-is-custom="true" style="font-size: 16px;">US Stock Market Trading Hours and Holidays: A Time Zone Guide</a></div></li><li class="ace-line ace-line old-record-id-Spg9deA4Vo79sgxH0PJuO1kXsPT" data-list="bullet"><div><a href="https://www.mexc.com/support/article/common-us-stock-order-types-explained-369454005926051840" data-lark-is-custom="true" style="font-size: 16px;">A Guide to Common US Stock Order Types</a></div></li></ul><div class="ace-line ace-line old-record-id-QYEVdColaouxpOx6aE3uaCP3szh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MyCAd7wHYoilesxDO8Guz6Gmsxf"><strong style="font-size: 16px;">Disclaimer</strong></div><div class="ace-line ace-line old-record-id-LKZWdJ2gnojW5sx4i68uUMtesXb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KWMidYWiWoTmc6xhaEXuu0Cyshg"><span style="font-size: 16px;">The information provided herein is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. MEXC is not a registered investment advisor or broker-dealer. All investment strategies and investments involve risk of loss. Any content contained herein should not be relied upon as advice or construed as providing recommendations of any kind. Always conduct your own research and consult with a licensed financial professional before making any investment decisions.</span></div><div class="ace-line ace-line old-record-id-Wqqld6CBXozTe8xU3jcuBYGEsub"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BiDXdVuLro5jaUxgISNutU21sfh"><span style="font-size: 16px;">By participating in these investment activities, you risk losing ALL OR SUBSTANTIALLY ALL OF YOUR ASSETS. Please understand and evaluate the risk of trading and assess your risk tolerance carefully before conducting any trading or investment activities.</span></div><div class="ace-line ace-line old-record-id-LpUyd3XH7olBBIxRMeeuURiZsZb"><span style="font-size: 16px;"><br></span></div></div>lg...

<div data-page-id="GKg2dACaJo1XApxiAp6uF2J7sMd" data-lark-html-role="root" data-docx-has-block-data="false"><h2 class="heading-2 ace-line old-record-id-OEpgdkFupoGCFtxaDsguz6DNszh"><strong>Key Takeaways</strong></h2><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-SkwmdwPd8oHDVtxBxVnu3y4Ysig" data-list="bullet"><div><span style="font-size: 16px;">US stock overnight trading refers to securities trading conducted between the end of the US after-hours session and the start of the next day's pre-market session, with orders matched through alternative trading systems (ATSs) and electronic communication networks (ECNs).</span></div></li><li class="ace-line ace-line old-record-id-ANcRd8j3ioEYnmxucWtucBfBsSd" data-list="bullet"><div><span style="font-size: 16px;">US stock overnight trading hours generally overlap with daytime hours in Asia, allowing Asia-Pacific investors to participate in the US market without staying up late.</span></div></li><li class="ace-line ace-line old-record-id-BhNSdOuzxohXsrxyDe0uXvKAsIe" data-list="bullet"><div><span style="font-size: 16px;">Investors can respond more quickly to major developments such as earnings releases and economic data, adjust positions more flexibly, and reduce overnight gap risk.</span></div></li><li class="ace-line ace-line old-record-id-QXDudsTYYoxyfSxi93fuL0Aqs3e" data-list="bullet"><div><span style="font-size: 16px;">Overnight trading usually comes with lower liquidity, which may lead to wider spreads, sharper price swings, and limited order types.</span></div></li><li class="ace-line ace-line old-record-id-T0lbdVXV7om5p3xwQHJu0XRXszb" data-list="bullet"><div><span style="font-size: 16px;">Through its partner licensed broker, MEXC supports overnight trading, allowing users to place orders directly on the trading page.</span></div></li></ul><div class="ace-line ace-line old-record-id-T55hdi9qcofKzBxUzbPuuCTIsYb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-WRqbd0fmqo6WiAxibbouK6wtsMf"><strong>1. What is US Stock Overnight Trading?</strong></h2><div class="ace-line ace-line old-record-id-KF8Cd7Bd9obBPLx4B9LusMTxsYf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-L30OdzWEioiYxvx9qI1uemTGsug"><span style="font-size: 16px;">US stock overnight trading refers to securities trading conducted after the US stock market's after-hours session ends and before the next day's pre-market session begins. This trading mechanism allows <em>investors</em> to participate in the US stock market during pre-market, after-hours, and overnight sessions, gradually bringing US stock trading closer to a near-24-hour model.</span></div><div class="ace-line ace-line old-record-id-Cc51dgRvioN3McxOqChukap0sTb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RcT0dv4oxotcYbxocpUuqqrssnf"><span style="font-size: 16px;">For investors in the Asia-Pacific region, overnight trading has particular significance. Because of the time difference, regular US market hours typically fall late at night in Asia, while overnight trading generally overlaps with daytime working hours in the region. This means investors can participate in the US market more flexibly without having to stay up overnight.</span></div><div class="ace-line ace-line old-record-id-RtiDdt2czoA9q0xAXwzuFRi9s1R"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-G6OodsZyko5zERxN21vuI5Vnsyh"><span style="font-size: 16px;">US stock overnight trading is mainly conducted through alternative trading systems (ATSs) and electronic communication networks (ECNs) rather than being directly matched on the NYSE or Nasdaq. These systems are regulated by the US Securities and Exchange Commission (SEC) to help ensure trading transparency and security.</span></div><div class="ace-line ace-line old-record-id-NR5Xdkuz4otMijxetWZubhm8sAc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-C4lDdD7YqomzRxxqUPWu0r7GsJb"><strong>2. The Four Main US Stock Trading Sessions Explained</strong></h2><div class="ace-line ace-line old-record-id-DidrdBUN8opQA3xRIvWunaZjsic"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-NdDqdIHsGoCSiaxl0kHuirUOsge"><span style="font-size: 16px;">The US stock market can generally be divided into four main trading sessions. Understanding the characteristics of each session can help investors build more effective trading strategies.</span></div><div class="ace-line ace-line old-record-id-BomVdzrBJooHjLxRCKKuoHZmsFf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JlR8dVO5morOFZxxbYIueqAOsnd"><span style="font-size: 16px;"><strong>Pre-market trading</strong> refers to the session from 4:00 am to 9:30 am ET, during which investors can respond promptly to important developments such as earnings reports and economic data.</span></div><div class="ace-line ace-line old-record-id-ECu4dHJzboTzLmxdGoMuFwTysve"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VlqfdlmNVoqKu1xkI7GuJ4DWswh"><span style="font-size: 16px;"><strong>Regular trading</strong> refers to the core session from 9:30 am to 4:00 pm ET. This is the main session with the highest trading volume and the most representative pricing.</span></div><div class="ace-line ace-line old-record-id-FhQ3dgPpjorkr9xCjeMuhI7csDc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EKIVdQAJooxhy8xE5m1uFAppsDx"><span style="font-size: 16px;"><strong>After-hours trading</strong> takes place from 4:00 pm to 8:00 pm ET and is often used for extended trading following earnings announcements and other major news.</span></div><div class="ace-line ace-line old-record-id-FClPdvMIBo5Z8AxpJPVuO44ssKb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KRXOdcEsIos0dQxZfRVuLo5XsCe"><span style="font-size: 16px;"><strong>Overnight trading</strong> covers 8:00 pm to 4:00 am ET and is provided through alternative trading systems. This session aligns well with daytime hours for many Asian investors. It is worth noting that overnight trading hours may vary by broker, so users should refer to the actual schedule displayed on their trading platform.</span></div><div class="ace-line ace-line old-record-id-JocsdgIScosk9mxhBgRuHv38s3b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OAffd6UDxo2xoXxC4mBupIyrsoe"><span style="font-size: 16px;">Based on Singapore time, overnight trading generally runs from 8:00 am to 4:00 pm during daylight saving time (March to November) and from 9:00 am to 5:00 pm during standard time (November to March).</span></div><div class="ace-line ace-line old-record-id-FoTCdBh79oeAaOxVzmHu7LlVsKs"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XgIadQThuo3GSOxYvBZuuUBcskh"><span style="font-size: 16px;">*BTN- <strong>Trade RealStocks</strong>&amp;BTNURL=<u><a data-lark-is-custom="true" href="https://www.mexc.com/trade-stocks">https://www.mexc.com/trade-stocks</a></u>*</span></div><div class="ace-line ace-line old-record-id-YREpdNMJEoWZt6xw5fHuRxvSscc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-ZHfEd0SXaoeh8txkZNbuyaupszf"><strong>3. Key Advantages of US Stock Overnight Trading</strong></h2><div class="ace-line ace-line old-record-id-VNkqd754KoYGNRxVwYmuxMKSsFC"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-V6YYdWROWoBOqgxP1R4uYe9Xshb"><span style="font-size: 16px;"><strong>Clear time zone advantage:</strong> Investors in the Asia-Pacific region can trade US stocks during daytime hours without changing their daily routine. This is especially useful for working professionals who cannot monitor the market late at night.</span></div><div class="ace-line ace-line old-record-id-N6RjdQhtzosMVExfCqAuAV4fs7s"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AVvWdusIXoF7oVxjFYWuMFrNs1M"><span style="font-size: 16px;"><strong>Faster response to global events:</strong> When major economic data is released, geopolitical events occur, or companies publish earnings results, investors can use overnight trading to adjust their positions immediately rather than waiting for the regular market open.</span></div><div class="ace-line ace-line old-record-id-Ra4OdOBUpogNzPx0uIyuPyaHspj"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-J2RId7EF5oF5pPxYjJsuMkgBs7g"><span style="font-size: 16px;"><strong>More flexible strategy execution:</strong> Overnight trading provides additional room for early positioning or risk hedging. Investors can adjust positions before or after major announcements and reduce overnight gap risk.</span></div><div class="ace-line ace-line old-record-id-IH9Dd5PkhoB3uBx07LguGPjAsCe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-U80vdWOesoXwitxPj2duu3WfsZb"><span style="font-size: 16px;"><strong>More convenient portfolio management:</strong> For investors already holding US stock positions, overnight trading offers additional time windows to manage their portfolios more actively.</span></div><div class="ace-line ace-line old-record-id-PgPsdGIDcoQ9gcxp0kYuuRsRsJc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-P0Xqdbkieow0McxRKLYuGslAsYe"><strong>4. Risk Reminders for US Stock Overnight Trading</strong></h2><div class="ace-line ace-line old-record-id-E1sQdJZ6doohCExbAjEuXIK6sLe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JGGddJWgnoNxcuxDCEtugNdhsod"><span style="font-size: 16px;"><strong>Liquidity risk:</strong> There are generally fewer market participants during overnight hours, and trading volume is usually lower. As a result, orders may not be filled immediately or may only be partially executed.</span></div><div class="ace-line ace-line old-record-id-Rs63dpBIJo1Yv9xZnYcuOB7cs1b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DmRPdNOuYoSKMExi3fDukar2sld"><span style="font-size: 16px;"><strong>Price volatility risk:</strong> Because market depth is more limited, bid-ask spreads may widen significantly, and even relatively small orders may trigger sharp price swings, increasing slippage risk.</span></div><div class="ace-line ace-line old-record-id-JBINdmZr5o3UmPxvtHNuxTTas3b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KSFNdksONoYnGpxAW3uuQefbs69"><span style="font-size: 16px;"><strong>Price discontinuity risk:</strong> Prices during overnight trading may differ significantly from the regular session's closing price or the next session's opening price. Investors should pay attention to the possibility of price gaps.</span></div><div class="ace-line ace-line old-record-id-EBO3d1QYVoboPkxHrLIumEWzsTb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-E4ZmdW1jEoV3vDxsljCu0lOBsch"><span style="font-size: 16px;"><strong>Order type limitations:</strong> Overnight trading often supports limit orders only. Market orders may not be available, and not all stocks are eligible for overnight trading.</span></div><div class="ace-line ace-line old-record-id-UmHudE4hToVb7XxmhkPuhrc3s7d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VwYodHZAqoS2s8xKsRdu8Suesee"><span style="font-size: 16px;"><strong>Information asymmetry risk:</strong> Important news is often released outside regular market hours. Combined with lower overnight liquidity, this may lead to outsized price reactions.</span></div><div class="ace-line ace-line old-record-id-BO0JdvwAAoNPzrxS3S6u1kkWsfg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-KKdMdi6yuoBzQfxU1v4u4COpssh"><strong>5. How to Trade RealStocks Overnight through MEXC</strong></h2><div class="ace-line ace-line old-record-id-LIGudWZWWor8dkx1P1UuYxBNs3b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Ve5rdyz62oLhLjxKTjOuqkGosqb"><span style="font-size: 16px;">Through its partner licensed broker, MEXC supports overnight trading for US stocks. Users can go directly to the trading page, select their preferred US stock, and place an order.</span></div><div class="ace-line ace-line old-record-id-DZDFdOmf6oDK8ax0mQ1u19cWsod"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-S8q7dSK9xo185UxjkMcu1cnqsPi"><span style="font-size: 16px;">Through its cooperation with a licensed broker, MEXC is committed to providing global users with a convenient and secure trading experience, helping investors access opportunities in the US stock market and build more diversified portfolios.</span></div><div class="ace-line ace-line old-record-id-EXQpdUUchozbw1xMMm4uDn7fsOf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-RJuxd8rbaomTcexElX7u9JNlsMg"><strong>6. Frequently Asked Questions</strong></h2><div class="ace-line ace-line old-record-id-WoPNdsDlzowsLJxfC8XuNXrhsvf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-OtlRd9MZBoYazex3iqbus2fMsod"><span style="font-size: 16px;">6.1 Does direct stock market access on MEXC support overnight trading?</span></h3><div class="ace-line ace-line old-record-id-OI5Hdi7jNovTvyxokbBuWzO7sYb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WXs5dZyFaowCT2x4VJPuRq0hsJb"><span style="font-size: 16px;">Yes. Through its cooperation with a licensed broker, MEXC has enabled overnight trading, allowing users to buy and sell during the overnight session.</span></div><div class="ace-line ace-line old-record-id-GGiqdjVkfon3LTxKc9SuGRJksHf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-FFGadYk4roM3gTxuGNFuEFUNs3n"><span style="font-size: 16px;">6.2 What are the overnight trading hours for direct stock market access on MEXC?</span></h3><div class="ace-line ace-line old-record-id-Dh2NdjYS1oLT4txA0Veua5uJsxh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OU9ndp4iHoZCb3xqBXqumuoYsVd"><span style="font-size: 16px;">The current overnight trading hours are 8:00 am to 4:00 pm (UTC+8) during daylight saving time. The schedule will be adjusted accordingly during standard time.</span></div><div class="ace-line ace-line old-record-id-JZWadMLNZoI3pKxBLc3uTarAsOg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-UKUAdvvuMoQA8FxA4Gmuhgs5sqg"><span style="font-size: 16px;">6.3 How do I buy US stocks during overnight trading through MEXC?</span></h3><div class="ace-line ace-line old-record-id-RXeodsb4EoyXA3xkyAfuYhkZsRb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QRQ4dJeyWoSEF5xahosuUag6sqc"><span style="font-size: 16px;">On the RealStocks trading page, select the stock you want to trade and submit your order using a limit order.</span></div><div class="ace-line ace-line old-record-id-U1gedvHCsoJZHfxECUcuvRXfsXf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-FAAtd375potFGOxelDCugeGbsVh"><span style="font-size: 16px;">6.4 Where can I view overnight market quotes for US stocks?</span></h3><div class="ace-line ace-line old-record-id-R6XmdSNbBofGmLxP5jnuhKU9sxd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Mb0PdRMv7occcjxvYZruDwRas5f"><span style="font-size: 16px;">Through its partner licensed institution, MEXC provides users with limited-time Level 1 real-time quotes and overnight market data. Eligible users may also enjoy real-time market data subsidies, helping them track market conditions more accurately and make more informed investment decisions.</span></div><div class="ace-line ace-line old-record-id-KqRpduvBkojl5xxUnDju6IWzsNj"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-KMzudofcSob6Wgxhb8RuWaQVsyf"><span style="font-size: 16px;">6.5 What are the risks of US stock overnight trading?</span></h3><div class="ace-line ace-line old-record-id-KvXbdMxRqo9u9xxcA0Xujz8mslK"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WNYDd2257oMKu8xTB2Juao3Usqf"><span style="font-size: 16px;">The main risks include but are not limited to liquidity risks, wider bid-ask spreads, sharp price volatility, restricted order types, and a limited range of tradable securities. Investors should fully understand the above risks before participating in trading.</span></div><div class="ace-line ace-line old-record-id-LB0AdXJfhojypHxXeWuup1AbsJc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-JZNsdIeHJolR2AxPRapuBbd2sFq"><span style="font-size: 16px;">Recommended Reading:</span></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-HCzOd4uP1oYvs6xOsruu5yO2ss7" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791535795" style="font-size: 16px;">What Is RealStocks?</a></div></li><li class="ace-line ace-line old-record-id-JpqOdd1SZoaRcgx4h93uBTI7sf5" data-list="bullet"><div><a href="https://www.mexc.com/support/article/realstocks-trading-faq-382924861612411904" data-lark-is-custom="true" style="font-size: 16px;">RealStocks Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-OBOodepiyoFuzTxJVGZutjqHsBe" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-guide-to-the-three-major-us-stock-exchanges-and-indexes-350109095267644416" data-lark-is-custom="true" style="font-size: 16px;">A guide to the three major US stock exchanges and indexes </a></div></li><li class="ace-line ace-line old-record-id-PEDYdz6LKowdC6xiHpfuXZNDsWg" data-list="bullet"><div><a href="https://www.mexc.com/support/article/understanding-the-basic-trading-rules-of-the-us-stock-market-353097164145019904" data-lark-is-custom="true" style="font-size: 16px;">Understanding the Basic Trading Rules of the US Stock Market </a></div></li><li class="ace-line ace-line old-record-id-QB6YdbJJbohZSKxnfKXuHUBZswc" data-list="bullet"><div><a href="https://www.mexc.com/support/article/us-stock-market-vs-a-shares-hong-kong-stocks-japanese-stocks-and-european-stocks-355185102366433280" data-lark-is-custom="true" style="font-size: 16px;">US Stock Market vs. A-Shares, Hong Kong Stocks, Japanese Stocks, and European Stocks </a></div></li></ul><div class="ace-line ace-line old-record-id-LLUidU0zZoh1uixHWBmuJG7Isxg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-GLnZdDCG5o2pm0xxrdhuSCrcsjd"><span style="font-size: 16px;">Disclaimer:</span></h3><div class="ace-line ace-line old-record-id-JgsrdvXcColhQQxUDxkub84Xsfh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-X2dxdy8g3oLAqnxpLovuioTqssb"><span style="font-size: 16px;">The information provided herein is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. MEXC is not a registered investment advisor or broker-dealer. All investment strategies and investments involve risk of loss. Any content contained herein should not be relied upon as advice or construed as providing recommendations of any kind. Always conduct your own research and consult with a licensed financial professional before making any investment decisions.</span></div><div class="ace-line ace-line old-record-id-WEi3dT5WHom1Auxh1TeuK1hxsbb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TjbMdSofIoagaRxUmiluMqT7sif"><span style="font-size: 16px;">By participating in these investment activities, you risk losing ALL OR SUBSTANTIALLY ALL OF YOUR ASSETS. Please carefully understand the risks involved and assess your risk tolerance before engaging in any trading or investment activity.</span></div></div>lg...

<div data-page-id="KPxJdA37NoycfHxHOoduMqtcsbg" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-Sec2dA526ogZbZxStcZuYkaSs6f"><strong>Key Takeaways</strong></h2><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-VMv4dPGCxo3hvVxZEpVuNE2csbe" data-list="bullet"><div><span style="font-size: 16px;">Regular US stock market trading hours are 9:30 am to 4:00 pm ET, Monday through Friday. </span></div></li><li class="ace-line ace-line old-record-id-QY68dSfvkosQGkxxN9Nu3l19sge" data-list="bullet"><div><span style="font-size: 16px;">US stocks support pre-market and after-hours trading, giving investors more flexibility outside regular trading hours. </span></div></li><li class="ace-line ace-line old-record-id-PM7ZdqlBeoFj36xdwJ6uqktGsMd" data-list="bullet"><div><span style="font-size: 16px;">There are multiple scheduled US market holidays in 2026, so investors should plan their trading activity in advance. </span></div></li><li class="ace-line ace-line old-record-id-Tps0dyF9Yo7p4jxQZLcunbxXsv9" data-list="bullet"><div><span style="font-size: 16px;">During daylight saving time, the corresponding trading hours in Singapore are one hour earlier than during standard time.</span></div></li><li class="ace-line ace-line old-record-id-GbV0dwamSoAqo0xeN9WuW0I5sec" data-list="bullet"><div><span style="font-size: 16px;">Users can conveniently check trading hours on the platform to better follow global market movements and plan their investment activity.</span></div></li></ul><div class="ace-line ace-line old-record-id-Edf5dk0lPoukFIxrueLunkH9sTh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-YymRdD1uxoKsRzxydFVu9wxXsDd"><strong>1. US Stock Market Trading Hours Explained</strong></h2><div class="ace-line ace-line old-record-id-FnuFdWz6hoVkyXxmr5suRcPPsNd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-RC8bdCE0Eo6ZcsxYtbBuA9iOsDe"><span style="font-size: 16px;">1.1 Regular US stock market trading hours</span></h3><div class="ace-line ace-line old-record-id-H3xkdmIjeo5vNLxo72BuvJoBsYd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RlzLds7VWoGnOkxzOQvu5Jzfs1b"><span style="font-size: 16px;">The major US stock exchanges include the New York Stock Exchange (NYSE) and Nasdaq, and their regular trading hours are the same: 9:30 am to 4:00 pm ET, Monday through Friday. Unlike some Asian stock markets, the US stock market does not close for a midday break, which means trading continues for 6.5 hours without interruption. </span></div><div class="ace-line ace-line old-record-id-A7ped5tBioD1vBxcaVMu48NHseb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BmikdPlizo6huxxo8cDuZ3YAsOg"><span style="font-size: 16px;">Because the United States follows both <a data-lark-is-custom="true" href="https://en.wikipedia.org/wiki/Daylight_saving_time">daylight saving time</a> and standard time, the corresponding trading hours in Singapore change during the year. During daylight saving time, which generally runs from the second Sunday in March to the first Sunday in November, regular trading hours correspond to 9:30 pm to 4:00 am Singapore time. During standard time, they correspond to 10:30 pm to 5:00 am Singapore time. For investors, understanding this time shift can help with better trade planning.</span></div><div class="ace-line ace-line old-record-id-PamqdeSGWo0xP4xVCLWuR8GQsWd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-CSFMdGQ4roZsSoxUIA7upvvWstg"><span style="font-size: 16px;">1.2 US pre-market trading hours</span></h3><div class="ace-line ace-line old-record-id-PntzdW2Pgot7QBxFwvauEXM7snO"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZNWEdBZLtonqJixDPULunWHDsYg"><span style="font-size: 16px;">Pre-market trading refers to trading activity before the regular session begins. For US stocks, this period runs from 4:00 am to 9:30 am ET, Monday through Friday. On the Singapore time basis used in this article, that corresponds to 4:00 pm to 9:30 pm during daylight saving time and 5:00 pm to 10:30 pm during standard time. </span></div><div class="ace-line ace-line old-record-id-BpvqdlP41onmzjxFxcourpImsah"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ULa2dpUOEohwEbx9xlvu8ofkssm"><span style="font-size: 16px;">Liquidity during pre-market hours is usually lower than during the regular session. However, many important earnings reports and economic data releases are published during this period, which can lead to larger price swings.</span></div><div class="ace-line ace-line old-record-id-MbuCdWsjFof5gAxguGuuK4R7sZf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-NQdJd4lvLobO1Kx8Dr8uA70Zszb"><span style="font-size: 16px;">1.3 US after-hours trading</span></h3><div class="ace-line ace-line old-record-id-VnJvdC2Kdo293bxVZm2uQW2wsth"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Ov5QdQJbYo9OmcxtowouxFdiscb"><span style="font-size: 16px;">After-hours trading refers to the extended trading session after the regular market close. On NYSE Group exchanges such as NYSE Arca, the late trading session runs from 4:00 pm to 8:00 pm ET. That corresponds to 4:00 am to 8:00 am Singapore time during daylight saving time and 5:00 am to 9:00 am Singapore time during standard time. </span></div><div class="ace-line ace-line old-record-id-SAu3d3nGJoFeSox5qx9uJieEspg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-XTy5dqU1goRZ8JxuWwaufEjysxf"><span style="font-size: 16px;">1.4 US overnight trading</span></h3><div class="ace-line ace-line old-record-id-EQ7LdUmPaoWlJqxHbWKu2Ekxsff"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Sf9SdcUuZoYkN4x3KlCuVHUWsab"><span style="font-size: 16px;">Some trading platforms also offer overnight trading services outside the traditional pre-market, regular, and after-hours sessions. In this article, overnight trading refers to the period from 8:00 pm to 4:00 am ET, Sunday through Thursday. Based on Singapore time, that corresponds to 8:00 am to 4:00 pm during daylight saving time and 9:00 am to 5:00 pm during standard time.</span></div><div class="ace-line ace-line old-record-id-OOvVdvVshou1TfxztKVulaZXsub"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-T7O3dVHczoPet2xApj9uMMURsZf"><span style="font-size: 16px;">It is worth noting that liquidity during pre-market, after-hours, and overnight sessions is generally lower, and price volatility may be more pronounced.</span></div><div class="ace-line ace-line old-record-id-IBVbdGHv3oOjhQx0ekauIOowsOg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-OziJdmj2PoMvmoxeg3VutcYUs7g"><span style="font-size: 16px;">1.5 US stock market trading hours at a glance</span></h3><div class="ace-line ace-line old-record-id-XjfBdkZ6wo0c8txFbbouI8q2sWg"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="116;205;228;238" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="116"><col width="205"><col width="228"><col width="238"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-O8OVdlEasoYVrZxBoHjuDRZ8sXe"><strong style="font-size: 16px;">Trading Session</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-O1lBd0CoJoChBexVkMyuQUO0sdd"><strong style="font-size: 16px;">Eastern Time (ET)</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-LgnkdtJVdonYSRxt6TdukvF5sfh"><strong style="font-size: 16px;">Singapore Time (Daylight Saving Time: Mar-Nov)</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TSG1dCohMoDnF0xqW70uS8NZsxd"><strong style="font-size: 16px;">Singapore Time (Standard Time: Nov-Mar)</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-LQDid3y7LoFg47x0Q2ouWUlFsLg"><span style="font-size: 16px;">Pre-market Trading</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-I4EcdarpVoGCOXxqSHHuuyjgsQe"><span style="font-size: 16px;">04:00–09:30</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-A0UgduiBeo7Q0AxhtMmuoYQ1sCh"><span style="font-size: 16px;">16:00–21:30</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-I4nBdY6TEoBUIVxEDBmuhUQkstd"><span style="font-size: 16px;">17:00–22:30</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-StIidWCProBXM2x81WXuDfeLs6e"><span style="font-size: 16px;">Regular Trading</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BKNddUtD9o5e2ixvYSJuDIC0ssc"><span style="font-size: 16px;">09:30–16:00</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-WPQDdPUraoN3pBxWWtLujd9Ks6e"><span style="font-size: 16px;">21:30–04:00 next day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Ac1ud2wpHoB27cxxr38unPqvscd"><span style="font-size: 16px;">22:30–05:00 next day</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-XSpHdjg3XoiBkLxxkr3usz6Nsye"><span style="font-size: 16px;">After-hours Trading</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-AYOYd5uCno01fcxUSF8u3FW7sXR"><span style="font-size: 16px;">16:00–20:00</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-W4dCdOQ5loZcxixDssRu09SYshb"><span style="font-size: 16px;">04:00–08:00</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-RscVdLfvuooUeCx2QzNuLmplsNg"><span style="font-size: 16px;">05:00–09:00</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Go61dUhdloTDpwxHxwouyDrUsTc"><span style="font-size: 16px;">Overnight Trading</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Fb8udvwGtoSdlPxr6Ppu3pBdsUd"><span style="font-size: 16px;">20:00–04:00 next day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PPgHd3gsroI9dTxxJ5QuW2zIstd"><span style="font-size: 16px;">08:00–16:00</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NYUedqd36ob7cJxZtbzuiMbEsWg"><span style="font-size: 16px;">09:00–17:00</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-JNU9dmreGoaxb1xhpfXu4i9AsIc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RaoPdCoOHocpNkxipT2uNmGAsRa"><span style="font-size: 16px;">*BTN- <strong>Trade RealStocks</strong>&amp;BTNURL=<span style="color:rgb(100,37,208)"><u><a data-lark-is-custom="true" href="https://www.mexc.com/trade-stocks">https://www.mexc.com/trade-stocks</a></u></span>*</span></div><div class="ace-line ace-line old-record-id-NkTVdMUP0o7v3ExI2XjuQFsss3e"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Nhq9dOay4oB3X5xJzNYudWcysMd"><strong>2. US Stock Market Holiday Schedule for 2026</strong></h2><div class="ace-line ace-line old-record-id-Aw1ldiHC3orrpTx5eO3urTaCseg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CREad3ottorXIVxMBGNupPEHsMf"><span style="font-size: 16px;">According to the NYSE holiday calendar, US stock markets will be closed on the following holidays in 2026: New Year's Day, Martin Luther King, Jr. Day, Washington's Birthday (Presidents' Day), Good Friday, Memorial Day, Juneteenth National Independence Day, Independence Day (observed), Labor Day, Thanksgiving Day, and Christmas Day. In 2026, the market will also close early on Friday, November 27 and Thursday, December 24.</span></div><div class="ace-line ace-line old-record-id-OxvjdOfgboAbjdxuZRbuYciJsiq"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VzIfd2a3poa8Wqxahc0uRxuPshg"><span style="font-size: 16px;">The main 2026 holiday schedule is as follows: </span></div><div class="ace-line ace-line old-record-id-Esk7dFIY6o3l8uxl1eMuuCQJsDf"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="153;277;218" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="153"><col width="277"><col width="218"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-O7V1dMlvBoQmzBxD8DWukYOTsHf"><strong style="font-size: 16px;">Date</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-CBODdbGQRoP8B7xU6GtufheSsad"><strong style="font-size: 16px;">Holiday</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-CuiCd45eAorwURx8J6fuTm5vsmh"><strong style="font-size: 16px;">Notes</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BZWOdc7gkod3IWxQX1quJQvrsLs"><span style="font-size: 16px;">January 1</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-XYpGduab0o0gqrxqZ1Ou2Snds5g"><span style="font-size: 16px;">New Year's Day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-M07wdXxpgo5niJxSEJkuazDLsWc"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BY25dkGzioI1DZxGuKxuyrvHsLc"><span style="font-size: 16px;">January 19</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-O50KdGCuzoKwd7xgup0uPRpiszb"><span style="font-size: 16px;">Martin Luther King, Jr. Day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Q3sZdDN02oVypfxYYQDueUU2sdh"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PNKcdQMHPoADsLxskmsuHTa7suc"><span style="font-size: 16px;">February 16</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Dm9Adi4rBokIHjxv6nAuxl9HsTd"><span style="font-size: 16px;">Washington's Birthday</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NzzvdIC5SoSPiSxWoABuy4vNsbw"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Ugtld9fCvoBE6Px7si1uVcuzs7X"><span style="font-size: 16px;">April 3</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TakFd4LRWonGpQx5RZuuH2Sasib"><span style="font-size: 16px;">Good Friday</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-AjH9dttiKoFRJYx41cKuA9IdsQb"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ATyadwwONoyqfNxelOKuDFCYseh"><span style="font-size: 16px;">May 25</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-QthydoO6IoojEoxU6JyuotIBsWg"><span style="font-size: 16px;">Memorial Day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DjdCdJ6fqoB1OOxN30auFxyjsrd"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-X73sd856IoZwvhxwxSIu3p4osCh"><span style="font-size: 16px;">June 19</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-MXmbdg0lXoftKixJbvsuDoi0s8b"><span style="font-size: 16px;">Juneteenth National Independence Day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-I1UqdxwB1oi6vzx45u1uP2ZEsaf"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-YBiSdLCEsonq3Yx0fznuZiuOszh"><span style="font-size: 16px;">July 3</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-O5K9dhswrosZfxxqOJ1uxJqUsCI"><span style="font-size: 16px;">Independence Day (observed)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TIrNdOqfmoOOhLxAkGnuAIXDsdq"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-P26ydwpExo5ekgxClJbuwQO4sXc"><span style="font-size: 16px;">September 7</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-G6fcdO0wdonOtLxBnvQuNSOfsoe"><span style="font-size: 16px;">Labor Day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-SHEWdnu5Lo1vRBxYEz7u6ZeNsFf"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TNYld5Bm6orOS4xlkEpu1Ysus9f"><span style="font-size: 16px;">November 26</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-LiZAdsD0HoSbGsxA3Ufu23g5sOc"><span style="font-size: 16px;">Thanksgiving Day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-HelWdhpeqoDvUKx5ROhuT660sYW"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-M5IxdP2xIotJPpxxK4GuFbdGsmb"><span style="font-size: 16px;">November 27</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PMiMd5EIdoEXNNxkmcfuDfORsDg"><span style="font-size: 16px;">Day After Thanksgiving</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-XtOadfeBjoT35wxCFC3uK9cGsTg"><span style="font-size: 16px;">Early close</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-W9dHd85p8oTmTyxUyQouyX4rs6d"><span style="font-size: 16px;">December 25</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-IUHpdso2zo1RRuxs2OyuKKRksvf"><span style="font-size: 16px;">Christmas Day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-UxlHdFnPUop87YxRw57u2jjQsyc"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Tr1SdQBpVo0UhBxfJI8ufQvhssc"><span style="font-size: 16px;">December 24</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Zlq5dTDoto0NntxznZzuldGwsjg"><span style="font-size: 16px;">Christmas Eve</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-JZSHdAbtIo1rntxFSjkuLPmisFH"><span style="font-size: 16px;">Early close</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-PzGednvijokpoQxhugdu1nYPszb"><span style="font-size: 16px;">Note: MEXC's partner licensed broker does not support US stock trading on the market holidays listed above.</span></div><div class="ace-line ace-line old-record-id-FYk6dIOWEoz4WKxU0X2ucwkBsff"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-ZnRldcpiyoUpsdxIXQfuuYzFsud"><strong>3. How to Check Trading Hours on MEXC</strong></h2><div class="ace-line ace-line old-record-id-LfY3dkIPvofMDYxs9xJuI2hpsmd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZodZdhCMpozFQQxYzgvutAoYstx"><span style="font-size: 16px;">As a leading global digital asset trading platform, MEXC offers RealStocks services through its cooperation with a licensed broker, providing users with a convenient US stock trading experience.</span></div><div class="ace-line ace-line old-record-id-W66SdaSr0o21BcxxExquC7c1snl"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O7exdwGOIoQyILxsGGOuLt0XsFF"><span style="font-size: 16px;"><span style="font-size: 16px;">To check trading hours, open the MEXC website and go to the </span><strong>Real</strong><strong style="font-size: 16px;">Stocks</strong><span style="font-size: 16px;"> page. On the Stocks page, double-click the stock you want to view, and the trading hours for that stock will be clearly displayed in the order placement area.</span></span></div><div class="ace-line ace-line old-record-id-CJpjdbXawo4r3SxOw3huQdyxspb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Yjr1dgqiaosGvaxj4COuZBPxsRc"><strong>4. US Stock Trading and Market Holidays FAQ</strong></h2><div class="ace-line ace-line old-record-id-NYOPd5T9AoR0NrxtG7uua82xs1f"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ITHNdr3umordclxoFEWu1Mmvsaf"><span style="font-size: 16px;">4.1 How many hours does the US stock market trade each day?</span></h3><div class="ace-line ace-line old-record-id-Adh3dZfP6o0RfHxBVzZut8JWs6g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EO1ZdBZqIo9qS4xOqBtulfOzs2c"><span style="font-size: 16px;">The regular US stock market session lasts 6.5 hours, from 9:30 am to 4:00 pm ET. If pre-market and after-hours trading are included, the total available trading window may extend to 16 hours on some venues. </span></div><div class="ace-line ace-line old-record-id-DXnfdr0Tto8bgPxGJrPu6Br2sIe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-UzIadRKTzo3KdNxgTSGu9AC6snd"><span style="font-size: 16px;">4.2 Can US stocks be traded 24 hours a day?</span></h3><div class="ace-line ace-line old-record-id-FvdidRyttoVvLuxeBJVuXV6rs7e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-R62vdtGwEoVHtdx1s0nu7CHmsee"><span style="font-size: 16px;">In the traditional sense, US stocks do not trade 24 hours a day. However, some brokers and platforms provide near-24-hour access by covering pre-market, regular, after-hours, and overnight sessions. NYSE Arca has also published plans for a future 23-hour trading day, though that expansion is still pending regulatory and operational rollout.</span></div><div class="ace-line ace-line old-record-id-M2ERdAqKRoLZYNx8XoCuQGITsqh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-EunNdtmPkoeYcRxIItluZpBcshL"><span style="font-size: 16px;">4.3 What are the trading hours during daylight saving time and standard time?</span></h3><div class="ace-line ace-line old-record-id-Zoitd7QMCoQSK9xfCZNuxb2GsAg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Mq4xdlyKLoWi9QxKazDuod9eshg"><span style="font-size: 16px;">During daylight saving time, regular US stock trading hours correspond to 9:30 pm to 4:00 am Singapore time. During standard time, they correspond to 10:30 pm to 5:00 am Singapore time. Users can refer to the trading hours displayed on the platform to ensure they place orders during the correct session.</span></div><div class="ace-line ace-line old-record-id-WoE7df67UoLADmxGxHouhoA7sX1"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-O8WWd8mdaocqAbxsyPEuZYPEsLg"><span style="font-size: 16px;">4.4 What is the time difference between daylight saving time and standard time?</span></h3><div class="ace-line ace-line old-record-id-EiMQdrEGgo5IkJxUVfOuVzSrsE6"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YEaDdCG63osGWxxnje3u9X5kscg"><span style="font-size: 16px;">During daylight saving time, the clock moves forward by one hour, so the corresponding US market open in Singapore is also one hour earlier. When standard time resumes, the corresponding trading hours move back by one hour.</span></div><div class="ace-line ace-line old-record-id-E9endvx9lo2S5qxSTA7u8gHXsgd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Jy8SdGXr4oaz0dxvCzIu6EHqsVb"><span style="font-size: 16px;">4.5 Can US stocks be traded on weekends?</span></h3><div class="ace-line ace-line old-record-id-RzNpdU5msomQ84x2JvDuJ84qs8e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O4FcdGSVSofPL9xOWJ1uPLNJsif"><span style="font-size: 16px;">No. The US stock market is closed on Saturdays and Sundays, and regular trading takes place only from Monday to Friday. MEXC's partner licensed broker follows the same US market trading calendar.</span></div><div class="ace-line ace-line old-record-id-IE0udlqxboRNTLx36EqusjYmsrh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-WuABdzIWNoQr6RxSnm5uzxS8sag"><span style="font-size: 16px;">4.6 What is US stock overnight trading?</span></h3><div class="ace-line ace-line old-record-id-Q3Bgd1meYoAYpNxuaTVumxEEs9g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JmJNdPpeAoUCjCxZPhnuTxuwsBd"><span style="font-size: 16px;">US stock overnight trading refers to trading outside regular market hours during the overnight period. In this article, it refers to the session from 8:00 pm to 4:00 am ET, Sunday through Thursday, as offered by some platforms.</span></div><div class="ace-line ace-line old-record-id-Y8wkd1mlUoG2Q3xvOq2uuC38sMe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-HdtTdJ2s7oJaYNxdkvpuiG0esqg"><span style="font-size: 16px;">4.7 How can I trade US stocks through MEXC RealStocks?</span></h3><div class="ace-line ace-line old-record-id-IMzLdMQswoFNYFxqEOoup6nEsJd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SwkcdC2KeouZq8x6HNeuE6WIsCd"><span style="font-size: 16px;"><span style="font-size: 16px;">Users only need to log in to the MEXC website or app and enter the </span><strong>Real</strong><span style="">S</span><strong style=""><span style="font-size: 16px;">tocks</span></strong><span style="font-size: 16px;"> section to browse US stock quotes, check trading hours, and place orders. Through its cooperation with a licensed broker, MEXC provides a simple and intuitive trading interface that makes US stock investing more convenient and efficient.</span></span></div><div class="ace-line ace-line old-record-id-EnFjdjdY5o58Zax7S0Gu3KAQsth"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Rr8adKW5BoI4DGxG4RwuzLUhsUh"><strong style="font-size: 16px;">Recommended Reading:</strong></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-LKgBdGgvaodewRxvuyDuX78MsAf" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791535795" style="font-size: 16px;">What Is RealStocks?</a></div></li><li class="ace-line ace-line old-record-id-Y0m0dOqD7oaM3exYPBluU70msGB" data-list="bullet"><div><a href="https://www.mexc.com/support/article/realstocks-trading-faq-382924861612411904" data-lark-is-custom="true" style="font-size: 16px;">RealStocks Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-Fr4pd1c1DoF3z6xIybUuvOLqsWd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-guide-to-the-three-major-us-stock-exchanges-and-indexes-350109095267644416" data-lark-is-custom="true" style="font-size: 16px;">A Guide to the Three Major US Stock Exchanges and Indexes</a></div></li><li class="ace-line ace-line old-record-id-ZZd6dXR2FoQDCBxK7t1uGY4DsDc" data-list="bullet"><div><a href="https://www.mexc.com/support/article/understanding-the-basic-trading-rules-of-the-us-stock-market-353097164145019904" data-lark-is-custom="true" style="font-size: 16px;">Understanding Basic Trading Rules of the US Stock Market</a></div></li><li class="ace-line ace-line old-record-id-EeSBd8f9QoWV8fxIgzruqbrpshe" data-list="bullet"><div><a href="https://www.mexc.com/support/article/us-stock-market-vs-a-shares-hong-kong-stocks-japanese-stocks-and-european-stocks-355185102366433280" data-lark-is-custom="true" style="font-size: 16px;">US Stock Market vs. A-Shares, Hong Kong Stocks, Japanese Stocks, and European Stocks</a></div></li></ul><div class="ace-line ace-line old-record-id-L1hlde5cPonhyNx83e1uD1GWshe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Rtmkdx2PpoPh4Xxo527uK5HHsjc"><span style="font-size: 16px;">Disclaimer:</span></h3><div class="ace-line ace-line old-record-id-E2vCdmO4moAwnpxOpGruQd45sCd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TI9FdZT6iowrD7xkdiGutcgFs8f"><span style="font-size: 16px;">The information provided herein is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. MEXC is not a registered investment advisor or broker-dealer. All investment strategies and investments involve risk of loss. Any content contained herein should not be relied upon as advice or construed as providing recommendations of any kind. Always conduct your own research and consult with a licensed financial professional before making any investment decisions.</span></div><div class="ace-line ace-line old-record-id-IVgIdYwVEoJAp4xxEV2uAKNNsxh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KaOxdAuqWoMuhgx7iMmukHhFsKf"><span style="font-size: 16px;">By participating in these investment activities, you risk losing ALL OR SUBSTANTIALLY ALL OF YOUR ASSETS. Please carefully understand the risks involved and assess your risk tolerance before engaging in any trading or investment activity.</span></div><div class="ace-line ace-line old-record-id-QWODdugpCoRWbPxV7rKu18pKsmf"><span style="font-size: 16px;"><br></span></div></div>lg...

<div data-page-id="F2ZXdgDXxoz3O8xZ1UtuEJ5Psne" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-JH45dVjVQol04Vxkarqufo4psIc"><strong>Key Takeaways</strong></h2><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-N8fUd1Sf9ol07pxBzG8uJ0gZs3f" data-list="bullet"><div><span style="font-size: 16px;">The US stock market is one of the largest and most mature capital markets in the world, bringing together many of the world's leading technology and financial companies.</span></div></li><li class="ace-line ace-line old-record-id-VgMTdl2aAoOmCTx21suuK5hYsxg" data-list="bullet"><div><span style="font-size: 16px;">US stocks follow a T+0 trading system, have no daily price limits, and can be traded starting from 1 share, offering high flexibility and market-leading liquidity.</span></div></li><li class="ace-line ace-line old-record-id-SzbBdc4wGohoSix7CdQuybNts4g" data-list="bullet"><div><span style="font-size: 16px;">Compared with A-shares, Hong Kong stocks, Japanese stocks, and European stocks, the US stock market differs significantly in terms of trading rules, investment culture, and market characteristics.</span></div></li><li class="ace-line ace-line old-record-id-EC8ed2F5doMmzoxflFhuVDFSsQe" data-list="bullet"><div><span style="font-size: 16px;">Through its partner licensed broker, MEXC provides global investors with convenient access to real US stock trading.</span></div></li><li class="ace-line ace-line old-record-id-OodedkO0RoMefmx45trup74Qsaf" data-list="bullet"><div><span style="font-size: 16px;">Understanding the differences among major stock markets can help investors diversify globally, spread risk, and capture opportunities across different markets.</span></div></li></ul><div class="ace-line ace-line old-record-id-EF53diujvo6j9exnr8eu8Y5ysVc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-K95Ld8tr3opu8pxvvhEud2Yqs3g"><strong>1. What Are US Stocks, A-Shares, Hong Kong Stocks, Japanese Stocks, and European Stocks?</strong></h2><div class="ace-line ace-line old-record-id-BirKdiOrJoVw1AxnMkGu6FYXskd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-GylmdJRw6oE7ivxyiZ7up19Tsce"><span style="font-size: 16px;">1.1 US Stock Market</span></h3><div class="ace-line ace-line old-record-id-ZpwkdlG7moW1isxZV8Hu5pbisvc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VLB6dECBUog0yXxiQpZuRfyrsLd"><span style="font-size: 16px;">The US stock market is one of the most important equity markets in the world and is primarily centered around two major exchanges: the New York Stock Exchange (NYSE) and the Nasdaq Stock Market. It is home to many of the world's most innovative technology giants, financial institutions, and biotechnology companies, such as Apple, <a data-lark-is-custom="true" href="https://www.microsoft.com/zh-cn">Microsoft</a>, and Nvidia, making it a core hub of the global capital market.</span></div><div class="ace-line ace-line old-record-id-Bldpd9xiEoQSuOx0PInuOW3vsCh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-W3Mfd4Fr7oPdbixjr6duHKs1smg"><span style="font-size: 16px;">Key features of the US stock market include the dominance of institutional investors, high pricing efficiency, strong disclosure requirements, and a mature regulatory framework. Its trading rules are also highly flexible, with support for T+0 trading and a well-developed short-selling mechanism. In addition, the US market leads the world in both market depth and liquidity. Through MEXC's partner licensed broker, investors can directly buy real shares of US-listed companies and participate in the growth of some of the world's top businesses.</span></div><div class="ace-line ace-line old-record-id-N1kNdxyNho827SxdFYxuhN0BsZd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AyzXdaXYZopm3Axr9QDuwyt3sbf"><span style="font-size: 16px;">*BTN- <strong>Trade RealStocks</strong>&amp;BTNURL=<span style="color:rgb(100,37,208)"><u><a data-lark-is-custom="true" href="https://www.mexc.com/trade-stocks">https://www.mexc.com/trade-stocks</a></u></span>*</span></div><div class="ace-line ace-line old-record-id-RiMGdfLALo7H8QxfAxGuComXsQf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Ebe3dvOxro4N03xuwuzuCSumsvf"><span style="font-size: 16px;">1.2 Japanese Stock Market</span></h3><div class="ace-line ace-line old-record-id-OmPmdsUMvoWK3LxTCzZuxy23sxb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-J5Nvdf0q3oezVHxe7CmuUAdCsIb"><span style="font-size: 16px;">The Japanese stock market is represented by the <a data-lark-is-custom="true" href="https://www.jpx.co.jp/">Tokyo Stock Exchange</a> (TSE), with the Nikkei 225 serving as one of its best-known indexes. It is one of the largest stock markets in Asia and also one of the world's major mature markets.</span></div><div class="ace-line ace-line old-record-id-DkKSduZ4RopAQZxJTPhuTD63sSD"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WUDOdM6TJo419OxTuHxutfk3s5c"><span style="font-size: 16px;">Japanese stocks are characterized by a strong mix of traditional manufacturing and advanced technology industries. Sectors such as automobiles, electronics, and precision instruments are globally competitive. Trading is typically done in units of 100 shares, and the market is heavily influenced by movements in the Japanese yen. Foreign investors also play an important role in the Japanese stock market. In recent years, improvements in corporate governance and stronger shareholder return awareness have attracted growing interest from international investors.</span></div><div class="ace-line ace-line old-record-id-WnkHdAe7NoSVenx4mOkuh4YHsZe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Uvx7dFBq9oxoacxD3Fkuxy91s5g"><span style="font-size: 16px;">1.3 A-Share Market</span></h3><div class="ace-line ace-line old-record-id-NAsidtftvotmv3xE7g5uLy9rsUd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KZWsdxzNjoDanpxjC3RuhPt4s0d"><span style="font-size: 16px;">A-shares refer to stocks listed on the <a data-lark-is-custom="true" href="https://www.sse.com.cn/">Shanghai Stock Exchange</a> and the <a data-lark-is-custom="true" href="https://www.szse.cn/index/index.html">Shenzhen Stock Exchange</a> and traded in RMB in mainland China. The A-share market mainly serves domestic Chinese companies and is one of the world's major emerging markets.</span></div><div class="ace-line ace-line old-record-id-UX3NdfDg8ocqwTxfst2uPoPDsag"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Glj9dSQCqo6MBnxWVdLuQRhbsod"><span style="font-size: 16px;">The A-share market is known for its high level of retail investor participation. Market sentiment and policy direction often have a significant impact on stock prices. It follows a T+1 trading system and applies daily price limits, which are generally ±10% for the main boards, ±20% for registration-based ChiNext and STAR Market stocks, and ±5% for ST stocks. In recent years, with the deepening of registration-based reforms and continued internationalization, the A-share market has been moving toward greater maturity.</span></div><div class="ace-line ace-line old-record-id-WVBPdsnxKo6F60xZce5uVlpMsP3"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-G9LSdM0iVo7J57xRK62uVoQAsfh"><span style="font-size: 16px;">1.4 Hong Kong Stock Market</span></h3><div class="ace-line ace-line old-record-id-RZhJddAZloKmOlxzgb3utgNMs1g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Xzwkdg70koLkarxAOBIuGHu5sJg"><span style="font-size: 16px;">The Hong Kong stock market serves as an important bridge between mainland China and global capital. Its main exchange is the <a data-lark-is-custom="true" href="https://www.hkex.com.hk/?sc_lang=en">Hong Kong Stock Exchange</a> (HKEX). The market includes many high-quality mainland Chinese companies, such as H-shares and red-chip stocks, as well as international firms, giving it a high degree of internationalization.</span></div><div class="ace-line ace-line old-record-id-IjQBdppGco4Kehx6X1nuo4qYsue"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Nk6md41TsowZVpxjNjIuT2iAs6H"><span style="font-size: 16px;">Hong Kong stocks follow a T+0 trading system and have no daily price limits, but trading is conducted in board lots, with lot sizes varying by stock from 100 shares to several thousand shares. Trading costs, including stamp duty, are relatively high. The Hong Kong market is also known for its many high-dividend stocks. It is strongly influenced by international capital flows and is generally more volatile than some mature markets.</span></div><div class="ace-line ace-line old-record-id-ILMYdszOBoZeTfxTCFvulsY3sdb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-OxbYdkQaWokNNTxYNBsuRsZisXg"><span style="font-size: 16px;">1.5 European Stock Market</span></h3><div class="ace-line ace-line old-record-id-TvZ1dcBnoo7GAux01hkuEsals1e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SIeGdY9fTo3RCExDP04uoE3msah"><span style="font-size: 16px;">The European stock market includes multiple exchanges such as the <a data-lark-is-custom="true" href="https://www.londonstockexchange.com/">London Stock Exchange</a> (LSE), <a data-lark-is-custom="true" href="https://www.euronext.com/en">Euronext</a>, and the <a data-lark-is-custom="true" href="https://live.deutsche-boerse.com/en">Frankfurt Stock Exchange</a>. Together, they form one of the world's major capital market clusters.</span></div><div class="ace-line ace-line old-record-id-GZmtdu6K6oWBeexzhhYuYheIsGb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FbgEdwDcIo4sKHxHNyQukF5psVg"><span style="font-size: 16px;">European stocks are dominated by traditional industries such as finance, industrials, energy, and luxury goods. Representative companies include Nestlé, LVMH, and Volkswagen. European equities generally trade at lower valuations and place greater emphasis on steady operations and shareholder dividends, with dividend yields often higher than those of US stocks. At the same time, the European market is structurally more complex because it is influenced by different national policies and monetary frameworks across multiple countries.</span></div><div class="ace-line ace-line old-record-id-NfP0dX1XZodhtBxWQyRuwlOPsce"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-OMxkdDBwhoEAx4xgnY2uOjuUsuf"><strong>2. A Full Comparison Between the US Stock Market and A-Shares, Hong Kong Stocks, Japanese Stocks, and European Stocks</strong></h2><div class="ace-line ace-line old-record-id-WLVmdlhICo8fTvxjKWDu6JRfsth"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Qmddds375oPNklxvTsxuuChcsUz"><span style="font-size: 16px;">2.1 Trading rules comparison</span></h3><div class="ace-line ace-line old-record-id-GP3adkafXoBfODxgZtWuL7s2sEc"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="126;134;134;134;134;148" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="126"><col width="134"><col width="134"><col width="134"><col width="134"><col width="148"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TC2wdrAqvoqNu8xsaSeucemXslc"><strong style="font-size: 16px;">Comparison Item</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Ln8HdIg5Vo43NIxhTS8u5e5Ks3g"><strong style="font-size: 16px;">US Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-VghAd4klVosoMkxwWj7uewAes1c"><strong style="font-size: 16px;">A-Shares</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-O1KxdpVIdoPPfQxOBPcuFmYwsmk"><strong style="font-size: 16px;">Hong Kong Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Xz8cd6gAMoOdxqxligEuwp6Ysfg"><strong style="font-size: 16px;">Japanese Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-QXesdjm45ootxlx2iRlumdmUsPh"><strong style="font-size: 16px;">European Stocks</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TAQLdhLh4o7kpax03h1uCEeXsdb"><span style="font-size: 16px;">Trading System</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-DV8odHya3oJI50xjHGXuRiNMsle"><span style="font-size: 16px;">T+0</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-EaASdykO6ofQ83xAc6Pu64mHsTb"><span style="font-size: 16px;">T+1</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-ZmY1dRo6Ro34u3xl0BLuiSxBsng"><span style="font-size: 16px;">T+0 (with T+1 settlement)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CNAMddsq8okB1OxEIbeuzRLNsfe"><span style="font-size: 16px;">T+0</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-WWGKd1iEVoSASFx0qtuuZmXcshP"><span style="font-size: 16px;">Generally T+2 settlement, moving toward T+1</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-GFexdc6Y2oXpb9xXHBJus2cbsZg"><span style="font-size: 16px;">Daily Price Limits</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FPepdfuBdoZ1x0xEOOZuTH0xsXf"><span style="font-size: 16px;">None (with circuit breakers)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-ObnIdNMQ7oUqN9xER5pu4NprsAc"><span style="font-size: 16px;">Main board ±10%; STAR Market/ChiNext registration-based stocks ±20%; ST stocks ±5%</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Sx82djs4io0XXExN963uOkJBstf"><span style="font-size: 16px;">None</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-NohGdc60pocWiXx5AODuCFLfsIg"><span style="font-size: 16px;">Generally none (with price movement limits)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RAWFdYaTOoRjTDxADdDuTp9MsGe"><span style="font-size: 16px;">Generally none</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-HScQdkCJWo3F5wxaDOku16cOszg"><span style="font-size: 16px;">Minimum Trading Unit</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-EM9HdDWsooMPIuxj63suQox1sXl"><span style="font-size: 16px;">1 share</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-XiiCdDRbcoknUZxPYn1uxCyfstf"><span style="font-size: 16px;">100 shares (1 lot)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-VEVJdHkShov90XxrfHeu5CXQsKc"><span style="font-size: 16px;">Board lot basis (from 100 shares to several thousand shares depending on the stock)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-ScGnd82R9oDUfgxT26tuPCwtsbb"><span style="font-size: 16px;">Usually 100 shares (1 unit)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-H9UbdcnCdoXWwDxwaZRuykTpssc"><span style="font-size: 16px;">Varies by exchange</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-HfhxdPKIeojFlwxRl5quXxLNsPd"><span style="font-size: 16px;">Short-Selling Mechanism</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Wx1fd4wQjoVJLcxXo9suA6xTsIh"><span style="font-size: 16px;">Well developed, with broad margin trading and short-selling support</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CxNndjqaJoaJWQx6bIJuPrsHsMc"><span style="font-size: 16px;">Restricted, mainly long-only, with limited securities available for short selling</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-B6zFd4A1hofF59xbXjUu8CP4s7g"><span style="font-size: 16px;">Relatively well developed, supports short selling</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-IAEdd2AmcoQGfTxUosgu4t50smh"><span style="font-size: 16px;">Well developed</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JuzcdYQNBos1YMxHz5XuPEZYs1d"><span style="font-size: 16px;">Well developed</span></div><div class="ace-line ace-line old-record-id-Z8j8dq4jEojDJ3xZCGpugfz4sjd"><span style="font-size: 16px;"><br></span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JdXndPKihojCDhxv4Oxu4GFisTf"><span style="font-size: 16px;">Trading Hours (Hong Kong Time)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FvvSdM43WovUH3x1TI7uqclVsab"><span style="font-size: 16px;">21:30–04:00 during daylight saving time; 22:30–05:00 during standard time</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Xd70dJXdioAYYvxRuGWuvLU3sHV"><span style="font-size: 16px;">09:30–11:30, 13:00–15:00</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-GYAede87Jo9BvMxdkwouiR9Hsje"><span style="font-size: 16px;">09:30–12:00, 13:00–16:00</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FiqRd6A7WoOGpoxACmvugGHRsef"><span style="font-size: 16px;">08:00–14:30 (with lunch break)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Ai1QdD6XtoL0iaxOQ4Huav51spc"><span style="font-size: 16px;">Varies by exchange, generally from European afternoon to late evening</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-D4qbd4yXqodUxfxB3I7uFe6jsge"><span style="font-size: 16px;">Pre-Market and After-Hours Trading</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JbY8d1Ta5oOwhOxJR7guAY9DsDf"><span style="font-size: 16px;">Yes</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Wxazdr1IqoVB5Yx9eXbu2r1Gs7d"><span style="font-size: 16px;">No</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JZHUdYu5poAlCIxqY2Butxprs8c"><span style="font-size: 16px;">Yes (auction sessions)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-BlnidPx6RowEmZxple5uAmTDsYe"><span style="font-size: 16px;">Yes</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-DkyfdCi8fowQBBxYMxyuSDgssrf"><span style="font-size: 16px;">Available on some exchanges</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-TuNNdGwwOo6lsfxNjAIufpl6sVb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UiotdUSxJoJI5vxj0aju7bYasQb"><span style="font-size: 16px;">Notes:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-LNQSd00V9oJu10x9rFDukBgJsWM" data-list="bullet"><div><span style="font-size: 16px;">T+0 means stocks bought on the same day can be sold on the same day, while T+1 means they can only be sold on the next trading day.</span></div></li><li class="ace-line ace-line old-record-id-ZMI1dhAQwoN81Ix2hTVuJf8IsFe" data-list="bullet"><div><span style="font-size: 16px;">Settlement time refers to the actual delivery of cash and securities and is different from the trading system itself.</span></div></li><li class="ace-line ace-line old-record-id-Fa3AdR7wPoLQTRxGTyyuuAGVsqg" data-list="bullet"><div><span style="font-size: 16px;">Although US stocks do not have daily price limits, they are subject to a market-wide circuit breaker mechanism triggered when the S&amp;P 500 falls by 7%, 13%, or 20%.</span></div></li></ul><div class="ace-line ace-line old-record-id-HiT6d6KqdoWO3txtXlCuZIpmsLg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-RA79dS8kwopb1yxT1QEuWSChsie"><span style="font-size: 16px;">2.2 Investment costs and tax comparison</span></h3><div class="ace-line ace-line old-record-id-UBU7dw5lmoUPe5xS8VOux4WgsUd"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="133;133;145;133;133;133" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="133"><col width="133"><col width="145"><col width="133"><col width="133"><col width="133"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-SJC4dK6atoyqStxgntUu9qpgsVh"><strong style="font-size: 16px;">Comparison Item</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DVIkdGWdUo4t2kx1jq0u9eMRsf1"><strong style="font-size: 16px;">US Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NuDrdQHn0oYwBVxHKlIuZ43ksff"><strong style="font-size: 16px;">A-Shares</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Ucu2dNkDWopY5TxBmIyu483IsiM"><strong style="font-size: 16px;">Hong Kong Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-JHwddZ7fQoC2OIxa15xubDFKsZf"><strong style="font-size: 16px;">Japanese Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-IbXydoKWdoYP5Sx6ogzuG3GZsWb"><strong style="font-size: 16px;">European Stocks</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-YEnAdQOO6osUv9xMWkNulsbnslc"><span style="font-size: 16px;">Trading Commission</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-OUX3dUJyro7dqDxC5tmuiLZWsjb"><span style="font-size: 16px;">Zero commission or very low commission at many brokers</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Tanwdki12o9APpx4nqsuZMafskd"><span style="font-size: 16px;">0.025%–0.03% (varies slightly by broker)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-XoWCd1jdyoKz2AxgAwDu1sM1spF"><span style="font-size: 16px;">Around 0.25% (minimum charge usually around HK$100)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-EmqfdjQiCoCUFhxuZs1ugXNYshg"><span style="font-size: 16px;">Varies by broker</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TDLLdBQu7oK72exSVkluTze8sMd"><span style="font-size: 16px;">Varies by broker</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Pr5kd9OSzoMffVxdw2ruAdCUsVh"><span style="font-size: 16px;">Stamp Duty</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-SFwIdAntWoU1OMxvQBUuYjpEsWf"><span style="font-size: 16px;">None</span></div><div class="ace-line ace-line old-record-id-HhNidpqIUok8zGxJGp5uGrtmshd"><span style="font-size: 16px;"><br></span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-LCrfdBDnXoeYLXxLKlRu0Iv0sqh"><span style="font-size: 16px;">0.1% (charged on sell orders only)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CnicdnvpVo3ZVOxTf2augd6usrf"><span style="font-size: 16px;">0.13% (charged on both buy and sell orders)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-QZzwdLq0YoSxpoxaJZguG4HSsJf"><span style="font-size: 16px;">None</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-DB20d1mGPobO5Ox3tYLu3lGAsZe"><span style="font-size: 16px;">Varies by country</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-NQfNd8BKtow51mxX2o9ujZ2FsJh"><span style="font-size: 16px;">Transfer Fees / Other Fees</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FdsCdKdxmoA4RgxFs5wuoRzpslh"><span style="font-size: 16px;">Very low or none</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-WbkTdnkMLoKujNxkxl7usjgtstd"><span style="font-size: 16px;">Very low (around 0.02%)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-IW1hdrQRUonfdZxC7apuW5MRsbc"><span style="font-size: 16px;">Includes transaction levy, trading fee, and other charges</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JCdtdmyXaoDInRxiWlRuRCdTsu9"><span style="font-size: 16px;">Includes consumption tax</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-KCkPdmlnco9cfgxla0juOYDqsBf"><span style="font-size: 16px;">Varies by country</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-ABNgd3kupoHSixxXr55u4QDmsBw"><span style="font-size: 16px;">Dividend Tax (for non-residents)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-YLCndbCeaoyzfRxyFG4uRrNjsLd"><span style="font-size: 16px;">30% (may be reduced to 10%–15% under tax treaties)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-VqFrdASHrosKm1xSvOwuOhF2sxe"><span style="font-size: 16px;">10%</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-F5DfdTRy4ozCvfx4dnduW2Dhsoc"><span style="font-size: 16px;">None, though tax may apply depending on the dividend-paying company's place of registration</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-MSi4d4NZeoctOAx6EeYuryyUssf"><span style="font-size: 16px;">15.32%</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-ZPS4dQDmto6R8RxrsfUuTsujsHe"><span style="font-size: 16px;">Varies by country, generally around 10%–30%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JVD1dzibcoXKusxGDOJuAascsSc"><span style="font-size: 16px;">Capital Gains Tax (for non-residents)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-ZcsVdvBZXoIBnBxzSnru2IsZs9e"><span style="font-size: 16px;">Generally exempt</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TyUNdvNAZotY1mxA6D6u7ZYEsth"><span style="font-size: 16px;">Temporarily exempt</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-X2UYdXJDRolmeCxvEplu11qTsyd"><span style="font-size: 16px;">Exempt</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-BgizdYU1noFvY5xc5sMuE0bFs1I"><span style="font-size: 16px;">20.315% (may be exempt in some cases)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Nobhdjd3eorK1Xx0CP4uj9MOsyf"><span style="font-size: 16px;">Varies by country</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-MZzEdm0OfojnXQx0mHaup8h5s1c"><span style="font-size: 16px;">Minimum Investment Threshold</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Rvokdj1LloIn4gxhPS7uyE5psXd"><span style="font-size: 16px;">From $1</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-ATy9d0MSDooDzcxIDHEueXXjsfd"><span style="font-size: 16px;">From several hundred RMB, depending on stock price</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-BrrvdPZigomNX4xrFLruvDoHsph"><span style="font-size: 16px;">From several hundred to several thousand HKD, depending on board lot size</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-H2vfdvqKIoUkgOxphhcuhdVas3d"><span style="font-size: 16px;">Relatively high</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FwoKdIEcro1loHxgAXWue0Sos0b"><span style="font-size: 16px;">Relatively high</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-LXIfdz6aBoPbl4xMd5QuMVSusvr"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WP9mdvrh8obOgGxOVe9uxMWLsAf"><strong style="font-size: 16px;">Important notes:</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-B5Nkdf1p2otFYdx7AgauZKcisrg" data-list="bullet"><div><span style="font-size: 16px;">Tax policies vary by country and region and may change frequently. Please refer to the latest local rules.</span></div></li><li class="ace-line ace-line old-record-id-NXIsdx2HkoYV2lxwUKRuNy4cs6e" data-list="bullet"><div><span style="font-size: 16px;">Tax treatment for non-residents may also be affected by bilateral tax treaties.</span></div></li><li class="ace-line ace-line old-record-id-U3yIdJJ74oV9awxzbKxukcX7spx" data-list="bullet"><div><span style="font-size: 16px;">Investors are advised to consult a professional tax advisor regarding their own tax situation.</span></div></li></ul><div class="ace-line ace-line old-record-id-CHevdPgiqoMXzXxjAfHu5ENDs7b"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-O57RdxeAcoHis8x1cUGuRkxWs3c"><span style="font-size: 16px;">2.3 Market characteristics comparison</span></h3><div class="ace-line ace-line old-record-id-O0Uzd1AXqougB0xfwpOuEH07sM4"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="104;140;163;140;140;140" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="104"><col width="140"><col width="163"><col width="140"><col width="140"><col width="140"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DVmidz8eUoPwsSxl28VuBumksdf"><strong style="font-size: 16px;">Comparison Item</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Fx15dQuHNopqE1xbfmHuicpfsfh"><strong style="font-size: 16px;">US Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BWp0d7kSfoqhokx7QInuAGZbsgg"><strong style="font-size: 16px;">A-Shares</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-MQa8dkAM6oLFsVxkVDpue6WWskh"><strong style="font-size: 16px;">Hong Kong Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ZisSd2gAvo2Hdzx8MpQusgrQsqe"><strong style="font-size: 16px;">Japanese Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-LKb5d0VuMoVV4WxSiK6uZgWXsIc"><strong style="font-size: 16px;">European Stocks</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RB43dlNgWok3SgxF4o1uj8KAsHc"><span style="font-size: 16px;">Market Maturity</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FQ9CdPyG3oxtTfxUPo5ur3GxsNW"><span style="font-size: 16px;">Highly mature</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-W4HQdl2pmoqzT9xFA4luVWyjs2f"><span style="font-size: 16px;">Emerging market, developing rapidly</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-H4kadwyWTo1YioxtW5juW3R1sQm"><span style="font-size: 16px;">Mature and highly internationalized</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-UcoudMCuKoet9Vx1WJHuNkuhs2d"><span style="font-size: 16px;">Mature market</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FNxxdrTBHofYsux3mHdunLwes1d"><span style="font-size: 16px;">Mature market</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Zxaad39k9onWpSxbkA6uiBKdsbd"><span style="font-size: 16px;">Investor Structure</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Sr3GdgFVjo6tt6xibPruq71qsEd"><span style="font-size: 16px;">Institution-led, focused on long-term value investing</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FYOtd3N63o3eHzxetWIu9OM2svd"><span style="font-size: 16px;">High retail participation and active trading</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RhxddQ6tzo42nbxI67huc7v3stb"><span style="font-size: 16px;">Institution-led, heavily influenced by international capital</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-E18zdv69joXZmtx3JKIu8sIss5c"><span style="font-size: 16px;">Institution-led, with a relatively high share of foreign investment</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-WjGjdA6yWoTlTWxoZJiuVH7Bsyd"><span style="font-size: 16px;">Institution-led, with an emphasis on dividends</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-UzfNdCQBLoXXpGxkQynucgsksqb"><span style="font-size: 16px;">Disclosure Standards</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Qa1QdK37ZoRzt5x48axu9FghsNg"><span style="font-size: 16px;">Extremely strict and well established</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RLGJdB6nnostqRxOPAJu0n0qsw3"><span style="font-size: 16px;">Strict and continuously improving</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JrCvdJY4Ao8oWRxQ0TBuYXcJsJb"><span style="font-size: 16px;">Strict and aligned with international standards</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-S2gMdH820oKsTvxyXefu1up1sUe"><span style="font-size: 16px;">Strict</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-DQYYdgzXuoSCfwxUnT8uWA5FsCg"><span style="font-size: 16px;">Strict, though standards vary by country</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-PEwmdTu1DoKZOXx279Lun13uszd"><span style="font-size: 16px;">Market Liquidity</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-IatMdZdcko4a6Dx8nAXulcc6swb"><span style="font-size: 16px;">Extremely high</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Db8RdV25zoXNHKxEnGzuvw1rslf"><span style="font-size: 16px;">High on the main boards; medium on ChiNext and STAR Market</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CAzNdeh0OoI2fyxnUsjumJOlsJf"><span style="font-size: 16px;">High for blue chips on the main board; medium for small- and mid-cap stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-BpB6doHWboMX8dxDLOouHyhAsih"><span style="font-size: 16px;">High</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-MLgYdAYn2oD7voxyrSiuXaIhsAg"><span style="font-size: 16px;">Medium to high</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-NlGEdfe5modkkexvdhGud9DQswd"><span style="font-size: 16px;">Volatility Characteristics</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-LURYd8I19oXSeUxmkPeusPxysBc"><span style="font-size: 16px;">Generally more rational, with a long-term upward bias</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-DhvAd57d0ot1bkx1vhqud2lysxb"><span style="font-size: 16px;">Higher volatility and more sentiment-driven</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-MQV3dPWqConDdVxuHAVua83RstJ"><span style="font-size: 16px;">Higher volatility and more affected by external factors</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-V0GrdjnRvo4kI2xg9KYuy1CHs1e"><span style="font-size: 16px;">Relatively stable, but affected by exchange rates</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-SVmgdf8LLoQBI4xEjgauiigAs7g"><span style="font-size: 16px;">Relatively stable, but influenced by policy factors</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-KeLQd11H1oZMBTxe43PuSPLgs5d"><span style="font-size: 16px;">Representative Indexes</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-XEdQdjjD3oPHgBxQQyxuUY2AspV"><span style="font-size: 16px;">S&amp;P 500, Nasdaq Composite, Dow Jones Industrial Average</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-PcFKdhWraon2e9x42KNuleWosHd"><span style="font-size: 16px;">SSE Composite, SZSE Component, CSI 300</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-EVxfdI6jHo1Bt0x6O2AuX0iFsAc"><span style="font-size: 16px;">Hang Seng Index, Hang Seng TECH Index</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CUNgdmKn5oaCqgx6BBTupulIsdd"><span style="font-size: 16px;">Nikkei 225, TOPIX</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RwkDdjxrUoY7LvxwoBEuBlYwsOe"><span style="font-size: 16px;">FTSE 100, DAX, CAC 40</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-ORk2dGP9wo3tVpx0bBfuKeY4sSb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-AJmJdsNOnoZaGQxHUKJuFqOdsQb"><span style="font-size: 16px;">2.4 Examples of well-known listed companies</span></h3><div class="ace-line ace-line old-record-id-L8gydHti4oY5NlxGwjQuyNtMsbh"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="111;180;180;180;169" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="111"><col width="180"><col width="180"><col width="180"><col width="169"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BD0udpysyoYxCcxad7guposbsTb"><strong style="font-size: 16px;">Market</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-FE4QdpBDboYA9Qxjy3Su4RHhsbc"><strong style="font-size: 16px;">Technology</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-X4Cad8F4aoHWkTx0dFpu8tfgsZb"><strong style="font-size: 16px;">Financials</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-O9qad3cacoJHZsx3NAbuRFucsje"><strong style="font-size: 16px;">Consumer</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-SiNEdwGoooYqbJxHT7ruCJNvs8e"><strong style="font-size: 16px;">Industrials / Manufacturing</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-UZoldtMW2ovVUhxWTX1uIPSasge"><span style="font-size: 16px;">US Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TDd9dV8bRoThfdxnWFguPGM1s7e"><span style="font-size: 16px;">Apple, Microsoft, Nvidia, Google, Amazon, Meta</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-YDXydc7AhoBoLlxD1JEurPm4sDC"><span style="font-size: 16px;">JPMorgan Chase, Bank of America, Goldman Sachs, Wells Fargo</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-T50OdKR8foyS9Zx4yVluikoGshe"><span style="font-size: 16px;">Coca-Cola, Procter &amp; Gamble, McDonald's, Nike</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RYC1druRZo8tOexMT6JuPix0sog"><span style="font-size: 16px;">Boeing, General Electric, Caterpillar</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JLvidxqSNoUku6xpz2dun5zwsPd"><span style="font-size: 16px;">A-Shares</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-R8Vmda7VHoDzDQxCNkrue4gps5c"><span style="font-size: 16px;">ZTE, BOE, CATL, BYD</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TsFIdSXp4ooKJUxcuyRusfXKsRS"><span style="font-size: 16px;">ICBC, Ping An, China Merchants Bank</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-UGszd13iyoMtq3xmse8ulFXZspg"><span style="font-size: 16px;">Kweichow Moutai, Yili, Midea, Haitian</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Wcx4dJy1LoXr0zxkyaKuWdp8sDe"><span style="font-size: 16px;">CRRC, SANY, PetroChina</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-BXRkdmpOjoaxk7xv9TXu2Ur3stc"><span style="font-size: 16px;">Hong Kong Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TisgdUXoCog7TxxtSOpuSZBHsjc"><span style="font-size: 16px;">Tencent, Alibaba, Meituan, Xiaomi</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CvY5dnrD0op3ejxlGF1uE5kNsug"><span style="font-size: 16px;">HSBC, Bank of China, AIA</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-KqVtdbH2ioOiIgxLz7TutOIps7g"><span style="font-size: 16px;">Mengniu, Haidilao, Li Ning, Anta</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-HBY4dbkiOoAd9DxNLd0uCFZmsNh"><span style="font-size: 16px;">CNOOC, China Mobile, CK Asset</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-X5VVd1dBQou8qkxYWUSuh93qsJe"><span style="font-size: 16px;">Japanese Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-V18WdZXmioyeAJxwcz6uNWiKsXb"><span style="font-size: 16px;">Sony, SoftBank, Kyocera, Tokyo Electron</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TrsbdaKZXonwEdxy1YhuioLPsEg"><span style="font-size: 16px;">Mitsubishi UFJ Financial Group, Nomura Holdings</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-LgE9d0bh8otIbgxMYA5u1cH9sye"><span style="font-size: 16px;">Fast Retailing (Uniqlo), Seven &amp; i Holdings</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Saw9dpK62oF9Vzxk8L9u7WUCsvp"><span style="font-size: 16px;">Toyota, Honda, Panasonic, Mitsubishi Heavy Industries, Fanuc</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Xo5RdEglsoozUqx6WDjuJFwFsDv"><span style="font-size: 16px;">European Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-GZpcdKMw6oqvW2xlSiyu3DVTsJg"><span style="font-size: 16px;">SAP, ASML, Nokia</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Bw7NdLunYoAeIQxHjHeuCZgZsBI"><span style="font-size: 16px;">HSBC, Santander, UBS</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CBR5dBxJBoYJhyx3cs5u1koNsje"><span style="font-size: 16px;">Nestlé, Unilever, LVMH</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-MCFmdlQEpoSnPaxGqz6u9ilDsUh"><span style="font-size: 16px;">Volkswagen, Siemens, Airbus, Shell</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-P5Yudad1Go73uRxIazpug5q4sbd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-IDwTdy4dKoBXEgxNApwuUbeWsqb"><span style="font-size: 16px;">2.5 Core advantages of each market and suitable investor types</span></h3><div class="ace-line ace-line old-record-id-EoWudyg6Lo6vwhxzk5muTbUlsJ7"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="117;374;343" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="117"><col width="374"><col width="343"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-XzK0dhTbJoxZkCxtzncugCNusle"><strong style="font-size: 16px;">Market</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PUK5dAFDeoy2ksxlJgBuNxLqsnd"><strong style="font-size: 16px;">Core Advantages</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PP9ldKONXoiAhfxDZo7uBJ5ssif"><strong style="font-size: 16px;">Suitable Investor Types</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CsuNdPeoUo7iD1xzzmQuIz0BsSg"><span style="font-size: 16px;">US Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Yf88dgGaFopPXExi3ISuHc6Is8c"><span style="font-size: 16px;">Highest global liquidity, most convenient trading access, strong concentration of innovative technology companies, T+0 trading, no daily price limits, institution-led and relatively rational, high transparency and strong regulation</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-QxUXdmbZ7ov3BKxWgxAuW3kIsCf"><span style="font-size: 16px;">Investors seeking long-term capital appreciation, following global innovation trends, building global asset allocation, and preferring mature markets with efficient pricing</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-U4dVdDPG9oHLWWxQzHMus6XVs3e"><span style="font-size: 16px;">A-Shares</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RFD5dgfrrob1n6xkpL9ufPLasIe"><span style="font-size: 16px;">Direct exposure to China's economic growth, trading hours aligned with mainland China, familiar local market environment, strong policy support, abundant opportunities in emerging industries</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-IECJdhM1UonIP6xRMZMuwIwWspc"><span style="font-size: 16px;">Investors bullish on China's long-term growth, familiar with domestic companies and markets, able to understand policy impacts, and willing to accept relatively higher risk</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FSild2hR0oNBNDxrOA7uCpyfsqf"><span style="font-size: 16px;">Hong Kong Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-BxJTdijvcoBOZUxE9VNu8G2xs2e"><span style="font-size: 16px;">A bridge between mainland China and international capital, T+0 trading, no daily price limits, many high-dividend blue chips, access to large Chinese companies, strong internationalization</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-OSeodqj6Mofhl5xJY88usuHgsIf"><span style="font-size: 16px;">Investors focused on quality Chinese companies, seeking higher dividend yields, requiring trading flexibility, pursuing cross-border allocation, and able to tolerate higher volatility</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-SlSZdiSCtoFjr9x1GZvu0I1dskK"><span style="font-size: 16px;">Japanese Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RBIUdaB4CooUAlxdgTsuqhDTsuo"><span style="font-size: 16px;">Global leadership in advanced manufacturing, improving corporate governance, strong dividend tradition, relatively reasonable valuations, orderly market structure</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FFvAdBn1Ro1wfWxBdpwuwAAPsCf"><span style="font-size: 16px;">Investors optimistic about Japanese manufacturing and technology, seeking steady long-term returns, following value investing principles, focusing on developed Asian markets, and paying attention to corporate governance</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-PmcSdLm0aoSJVaxZryVubMwTsnd"><span style="font-size: 16px;">European Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-UgqXdFFSBoQeqMxDog3uyZg8sWb"><span style="font-size: 16px;">Lower valuations, relatively attractive pricing, steady dividends from mature companies, strength in traditional industries, better geographic diversification, many long-established businesses</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TAX0dR0BHoAv3kxeZbBu8NHysLb"><span style="font-size: 16px;">Investors seeking stable returns and dividend income, favoring value investing, optimistic about traditional competitive industries, building globally diversified portfolios, and investing for the long term</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-PxyTdnpXOoclxsxnxIKut8FnsOe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-WOlDdfHqboLtFoxJvkbufWPCsqh"><strong>3. Why Choose MEXC for US Stock Investing?</strong></h2><div class="ace-line ace-line old-record-id-RvZwdwEDioUVzWx5GuluXNAAsOh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UXVQd8xSRou99nxLHzVum7l4sDb"><span style="font-size: 16px;">Through its compliant partner licensed broker, MEXC provides global investors with a convenient and secure way to invest in US stocks.</span></div><div class="ace-line ace-line old-record-id-F8IpdVVQkotpvUxeo5BuKmojsUg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CU4Pd0pKKoBtsHx8oKcuNpj4sFf"><span style="font-size: 16px;">In terms of account opening, MEXC's direct US stock access channel features a smooth <a data-lark-is-custom="true" href="https://www.mexc.com/support/article/why-is-kyc-verification-necessary-17827791519717">KYC</a> process, and the account-opening process on the licensed broker side is straightforward, helping reduce barriers to entry. Compared with the more cumbersome procedures and longer review cycles often associated with traditional brokers, MEXC allows users to enter the US stock market more efficiently.</span></div><div class="ace-line ace-line old-record-id-DaFcduzz0oT20Ux0jLzuQKAGsbf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Kt7qd5VkeoEVs2xtHzUuRBT7s8x"><span style="font-size: 16px;">In terms of trading mechanics, the assets traded are real US stocks denominated in USD, and ownership of the stock assets belongs to the user. The platform supports core functions such as stock buying, selling, and position management. Users may benefit both from stock price appreciation and from shareholder rights such as dividends, allowing them to participate in the market with real ownership.</span></div><div class="ace-line ace-line old-record-id-Y0NkdzBsXo1iswxSaDaukXwhsYU"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-G7CsdrlJzoGZFRxhftpuUtE1sHb"><span style="font-size: 16px;">In terms of market data support, users can access a limited-time Level 1 real-time market data experience as well as extended-hours market quotes. Eligible users may also enjoy real-time market data subsidies, helping them track market conditions more accurately and make more informed investment decisions.</span></div><div class="ace-line ace-line old-record-id-L0y9dAL40o3cN9xeiq2uOFBmsVg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-HWL5dQOm2o4NKKxnAdcuUqTYs4R"><strong>4. Frequently Asked Questions</strong></h2><div class="ace-line ace-line old-record-id-FnDrd5FQ9oolpaxPRdSuYkmss3c"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-CQQRdZvnfowAO1xwTv3u72RJsQc"><span style="font-size: 16px;">4.1 How much money do I need to start investing in US stocks?</span></h3><div class="ace-line ace-line old-record-id-C5kRdC4aeobnQDxwHS9uhkTysPh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-J16pd62a6oUyF0xumBmu29xfswc"><span style="font-size: 16px;">The minimum trading unit for US stocks is 1 share, so the actual entry threshold depends on the stock price.</span></div><div class="ace-line ace-line old-record-id-BYDDdlJyToIrCGxj53cuV0nEsVe"><span style="font-size: 16px;">Stocks at different price levels include:</span></div><div class="ace-line ace-line old-record-id-UKf0d0J46ohVfhx9mmjucuJVszK"><span style="font-size: 16px;"><br></span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-VvLjde2GjosmkkxHmmOurjfdsCb" data-list="bullet"><div><span style="font-size: 16px;"><strong>Lower-priced stocks:</strong> around $10–$50 per share, such as Ford and Bank of America, allowing investors to get started with only a few dozen dollars</span></div></li><li class="ace-line ace-line old-record-id-Gbood08tIoVVKfxaKxYuPcHTsOb" data-list="bullet"><div><span style="font-size: 16px;"><strong>Mid-priced stocks:</strong> around $50–$300 per share, such as Coca-Cola, Disney, and Intel, usually requiring a few hundred dollars</span></div></li><li class="ace-line ace-line old-record-id-Goz2dsMpOogwYbxtFjWuBKNNsOe" data-list="bullet"><div><span style="font-size: 16px;"><strong>Higher-priced stocks:</strong> above $300 per share, such as Microsoft, Google, and Nvidia, generally requiring several hundred to over a thousand dollars</span></div></li></ul><div class="ace-line ace-line old-record-id-QrMLdrF00o1Wd6xBUCKudBHLssb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UQlNdLzSVo3fO1xxarruXRTQsCe"><span style="font-size: 16px;">There are thousands of quality US stocks across different price ranges, so investors can choose suitable targets based on their own available capital. The key is to invest with spare funds and stay within a reasonable budget.</span></div><div class="ace-line ace-line old-record-id-EculdFAqaonOX7xPFZtu7JGbseW"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-TUCRdc7SVopSQQxLY3hu8xJEsKh"><span style="font-size: 16px;">4.2 Which is better for investing, US stocks or A-shares?</span></h3><div class="ace-line ace-line old-record-id-ZCFXdomhhoxJ0uxlaSTuqXTDsle"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VLgBdkK2hoqz5zxvZCFu7aa5szf"><span style="font-size: 16px;">Each market has its own strengths, and the better choice depends on your investment goals and risk preferences.</span></div><div class="ace-line ace-line old-record-id-UIRIdsm4ao4Mroxd7Quurm54sUV"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JAAed74l3oUXQ8xBZuduEAM9sdb"><span style="font-size: 16px;">US stocks may be more suitable for investors seeking long-term growth and exposure to global technology leaders. The market is mature, highly liquid, and offers a wide range of investment targets. A-shares may be more suitable for investors who are familiar with China's economy and want exposure to domestic companies. From a global asset allocation perspective, combining both markets may help diversify risk.</span></div><div class="ace-line ace-line old-record-id-K64AdGOyqoMzNYx3UQguBi0qsjb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-EGosdVNcKo0knOxuGpauDXQbslh"><span style="font-size: 16px;">4.3 Why do technology stocks account for a larger share of the US market than in other markets?</span></h3><div class="ace-line ace-line old-record-id-SdASdcbVoonwkwxLVGxu8NG6s8b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DPnYd7pnloH7xBx8hA8uyfI2sSg"><span style="font-size: 16px;">The large weight of technology stocks in the US market is mainly due to several factors:</span></div><div class="ace-line ace-line old-record-id-HKzXdWAQKoLrrmxPOqguiDNusMd"><span style="font-size: 16px;">1. The United States has one of the world's most complete innovation ecosystems and venture capital systems.</span></div><div class="ace-line ace-line old-record-id-UMxEdJsiSosgy2x7lVcuERMsshb"><span style="font-size: 16px;">2. Innovation hubs such as Silicon Valley have produced many major technology companies.</span></div><div class="ace-line ace-line old-record-id-Itp2dQKK4o82cHxMA80u8tnNs1b"><span style="font-size: 16px;">3. The US stock market is more accommodating to growth companies and allows pre-profit technology firms to go public.</span></div><div class="ace-line ace-line old-record-id-ACkCd3IPcokhInxWYuJu4orisOy"><span style="font-size: 16px;">4. The market is dominated by institutional investors, who tend to focus more on long-term corporate value.</span></div><div class="ace-line ace-line old-record-id-CGdodASr3oA6N0xf7W2upuSJsxc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Qb2Ydb0P0oTj0zx5jdMu9syBsqf"><strong style="font-size: 16px;">Recommended Reading:</strong></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-BiaidefrxoBY5rxPKCCuT2mcsWd" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791535795" style="font-size: 16px;">What Is RealStocks?</a></div></li><li class="ace-line ace-line old-record-id-MxrGdxzo3oNEIzxZkU6urfzfsFd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/realstocks-trading-faq-382924861612411904" data-lark-is-custom="true" style="font-size: 16px;">RealStocks Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-UO0UdnWksoX5ltxuFhLuFyrlsqb" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-guide-to-the-three-major-us-stock-exchanges-and-indexes-350109095267644416" data-lark-is-custom="true" style="font-size: 16px;">Understanding the Three Major US Stock Exchanges and Three Major Market Indexes</a></div></li><li class="ace-line ace-line old-record-id-SERBd75TiotFOyx4xjauEQ16smd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/understanding-the-basic-trading-rules-of-the-us-stock-market-353097164145019904" data-lark-is-custom="true" style="font-size: 16px;">Understanding the Basic Trading Rules of the US Stock Market</a></div></li><li class="ace-line ace-line old-record-id-O1AndkgJSoN0Uzx0rdQuqX2Bs9d" data-list="bullet"><div><a href="https://www.mexc.com/support/article/us-stock-market-trading-hours-and-holidays-357457114296227840" data-lark-is-custom="true" style="font-size: 16px;">US Stock Market Trading Hours and Holidays: A Time Zone Guide </a></div></li></ul><div class="ace-line ace-line old-record-id-Qx0sdDq3poEmycxyHKHuo5dssNe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-OnnvdnVuHoudLdxh6EyuDeb1sBc"><span style="font-size: 16px;">Disclaimer:</span></h3><div class="ace-line ace-line old-record-id-U7Ssdz8U5okKt2xy6PGuLLSRszg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-NFPddPxbToWkfrx8XCQubyj8saf"><span style="font-size: 16px;">The information provided herein is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. MEXC is not a registered investment advisor or broker-dealer. All investment strategies and investments involve risk of loss. Any content contained herein should not be relied upon as advice or construed as providing recommendations of any kind. Always conduct your own research and consult with a licensed financial professional before making any investment decisions.</span></div><div class="ace-line ace-line old-record-id-VOQhdD3kXoylkPxiHuruwBjSs2d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JKUkdNkiloHUQgxNo4eu9oupsmf"><span style="font-size: 16px;">By participating in these investment activities, you risk losing ALL OR SUBSTANTIALLY ALL OF YOUR ASSETS. Please understand and evaluate the risk of trading and assess your risk tolerance carefully before conducting any trading or investment activities.</span></div><div class="ace-line ace-line old-record-id-Hxv1dbxxEoVNmZxeNrouNtbkszh"><span style="font-size: 16px;"><br></span></div></div>lg...

<div data-page-id="IYQgdcvHeodPfnxRzz4uhI1nsGc" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-PfGedNiHVoNaJGxewr6u1EHes5g"><strong>Key Takeaways</strong></h2><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-IkZkd6UQNohE2RxoPV4ul9IMsUe" data-list="bullet"><div><span style="font-size: 16px;">The US stock market follows a T+0 trading system, which means stocks bought today can be sold today. The minimum trading unit is 1 share, making trading flexible and convenient.</span></div></li><li class="ace-line ace-line old-record-id-YdWPdq8JYoqDWtxWOBduCURaseh" data-list="bullet"><div><span style="font-size: 16px;">There is no daily price limit in the US stock market, but a three-tier circuit breaker system is in place to pause trading during sharp market declines.</span></div></li><li class="ace-line ace-line old-record-id-PepSd5Mpao8wStx4WGjub9czstc" data-list="bullet"><div><span style="font-size: 16px;">Dividends received by non-US investors are generally subject to a 30% withholding tax, while capital gains from stock trading are usually not taxed by the US.</span></div></li><li class="ace-line ace-line old-record-id-I3eddeXNDo3kXmxqImKutCfosEp" data-list="bullet"><div><span style="font-size: 16px;">If your account equity is below $25,000, you should pay attention to day trading restrictions to avoid trading limitations.</span></div></li><li class="ace-line ace-line old-record-id-FI3MdeKesoD0bJxZEHnu2zORsDc" data-list="bullet"><div><span style="font-size: 16px;">Through its partner licensed broker, MEXC provides access to the US stock market. The stock assets are held in the user's name and belong to the user.</span></div></li></ul><div class="ace-line ace-line old-record-id-LaWtdBIeDoN6wkx32DDuzBQ7s0e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EDBDdb3VDog9d8xoy2HutY7psye"><span style="font-size: 16px;">Through its partner licensed broker, MEXC offers global users access to trading in real shares of publicly listed US companies. Users can directly buy and hold stock assets, benefit from stock price movements, and enjoy shareholder rights. Before you begin investing in US stocks, it is important to understand the market's trading rules in full. Doing so can help you build a more complete investment framework and make more rational investment decisions.</span></div><div class="ace-line ace-line old-record-id-X1vgdBCuioOedkxByw0uxyBNsJg"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-FE80d4JMioEBonxyaD6uqYWus3d"><span style="font-size: 16px;">*BTN-<strong>Trade Real</strong><strong>Stocks </strong>&amp; BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/trade-stocks">https://www.mexc.com/trade-stocks</a>*</span></div><div class="ace-line ace-line old-record-id-QrsRd4EUKoZ6tlxqoJvufPnCspd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Qz9RdtaNqo6KHBxEdCBudkMus1g"><strong>1. Core Trading Rules of the US Stock Market</strong></h2><div class="ace-line ace-line old-record-id-DKugdCgkFotqBSxO4YmufLGKsk0"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-DnR9dXc1woJ9asxXo6EuPJgmsMh"><span style="font-size: 16px;">1.1 Minimum trading unit</span></h3><div class="ace-line ace-line old-record-id-DMj5dn8i8opeABxDRLQuoAnqsDY"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VqNRdvYfEoNCjZxdVZsulkjBsdV"><span style="font-size: 16px;">The minimum trading unit in the US stock market is 1 share. Compared with the A-share market, where purchases typically start from 100 shares, and the Hong Kong stock market, which trades in board lots, the US market has a much lower entry threshold. This system allows investors to allocate their portfolios more flexibly based on their available capital. Even for high-priced stocks, investors can participate by purchasing a smaller number of shares.</span></div><div class="ace-line ace-line old-record-id-AooVdBaTyo9nALxuWlDuGQu8sYe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ETmtdJMhAoOYXZxsga5uqzjgsUC"><span style="font-size: 16px;">1.2 Same-day round-trip trading system</span></h3><div class="ace-line ace-line old-record-id-XFLsdV8Jkozar8ximH6u9ybTs2g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-K2GVdOXlKoDUqHxZJl7ut0ZQsvd"><span style="font-size: 16px;">The US stock market follows a T+0 trading system, which means investors can sell a stock on the same day they buy it. This system provides higher capital efficiency and greater trading flexibility, making it particularly suitable for strategies that need to respond quickly to market changes.</span></div><div class="ace-line ace-line old-record-id-Yxo8d5he5oPED8xwI6YuMwJ0szg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-X8JbdFquKomNzixJ5s2unPfVstg"><span style="font-size: 16px;">It is worth noting that although trading follows a T+0 model, cash and securities settlement still follows a T+1 cycle. In practice, this means that after selling a stock, the proceeds can usually be used immediately for further trading, but can only be withdrawn after settlement is completed on the next trading day.</span></div><div class="ace-line ace-line old-record-id-TrVEdinD4oDYKwxhnHNuGJHmsKf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UlTHdOfVroLixSx9AZTulnnRsIe"><span style="font-size: 16px;">For example, if an investor buys and sells a stock on Monday, the sale proceeds will be settled on Tuesday. Only after settlement is completed can the funds be withdrawn.</span></div><div class="ace-line ace-line old-record-id-P5DydfCZio2FAaxepMduvxJhsnh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-RXeBdTnrYofKWexVyyZuVwxvsSe"><span style="font-size: 16px;">1.3 Minimum price movement</span></h3><div class="ace-line ace-line old-record-id-RoHwdrMdUozLHYxLu4huqNLKsNf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AjVKd1hK0ogsy3xgirmuhEGDsmb"><span style="font-size: 16px;">The minimum price movement, also known as the tick size, varies depending on the stock price:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-Af4ndnNOEoQUCIxnw9Iu5K2vsAe" data-list="bullet"><div><span style="font-size: 16px;"><strong>For stocks priced at $1 or above</strong>, the minimum tick size is $0.01</span></div></li><li class="ace-line ace-line old-record-id-RmJSdMmIBoT8FZxcJADub04wszd" data-list="bullet"><div><span style="font-size: 16px;"><strong>For stocks priced below $1</strong>, the minimum tick size is $0.0001</span></div></li></ul><div class="ace-line ace-line old-record-id-JziYdxVzpobNFFxBuBmub11fstb"><span style="font-size: 16px;">This rule helps ensure appropriate pricing precision across different price ranges and supports more efficient price discovery in the market.</span></div><div class="ace-line ace-line old-record-id-SjKpdUBbhoOTInxCvd4uTp4dsMK"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-FfxvdE1OlojNdRxN2BMuMSqasxd"><span style="font-size: 16px;">1.4 Stock ticker system</span></h3><div class="ace-line ace-line old-record-id-Y326dseyVoTlzox4gGBuxXUIsig"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BwK0dqwmTod6jCxG4cEuAxyzsuh"><span style="font-size: 16px;">US stocks use a ticker symbol system made up of letters, usually 1 to 5 characters, representing an abbreviation of the company name. For example: AAPL for <a data-lark-is-custom="true" href="https://www.apple.com/">Apple</a>, MSFT for <a data-lark-is-custom="true" href="https://www.microsoft.com/zh-cn">Microsoft</a>, TSLA for <a data-lark-is-custom="true" href="https://www.tesla.com/">Tesla</a>, and KO for <a data-lark-is-custom="true" href="https://www.coca-colacompany.com/">Coca-Cola</a>.</span></div><div class="ace-line ace-line old-record-id-OkMzdtSTAogolIx43skuO1xosge"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-ZL6vdWrkuoWdO7xeJ3ru0ASvsBh"><strong>2. Price Limits and Circuit Breaker Mechanisms in the US Stock Market</strong></h2><div class="ace-line ace-line old-record-id-ZCL5d5PMSoP566xZyofun5fZsJe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-L3dedWOszoHz7RxdFaduKrmUsfd"><span style="font-size: 16px;">2.1 Daily price movement rules</span></h3><div class="ace-line ace-line old-record-id-WvXYdRaB2oGIa9x8b80uKrFvsUg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-NdCYd20jooYdGwxM7J7uToixsbi"><span style="font-size: 16px;">The US stock market does not impose a daily price limit. In theory, a US stock may rise or fall by more than 20% in a single trading day. While this gives investors greater upside potential, it also means they are exposed to higher price volatility.</span></div><div class="ace-line ace-line old-record-id-IsJ8dAhSToZU7NxSZVbuxkfXsbb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AqHJdZ5yvo9g6FxAkHUuhYHLsJh"><span style="font-size: 16px;">Risk reminder: When investing in US stocks through MEXC's partner licensed broker, investors should carefully assess their own risk tolerance, allocate their portfolios prudently, and avoid excessive concentration in a single stock.</span></div><div class="ace-line ace-line old-record-id-AnEGdtCTzosddtxR8R9uDXLJsMe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-JPzwdyfSvoQcdHxlvzruvAcXssh"><span style="font-size: 16px;">2.2 Three-tier market-wide circuit breaker system</span></h3><div class="ace-line ace-line old-record-id-EGVpdfWbToKxL6xR4nTuGknGs3b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-HjusdAVrToZeUBxeVTfuefZUsFp"><span style="font-size: 16px;">To prevent excessive market volatility and panic selling, the US stock market has established a three-tier market-wide circuit breaker system based on the <a data-lark-is-custom="true" href="https://en.wikipedia.org/wiki/S%26P_500">S&amp;P 500 Index</a>. The purpose of this mechanism is to provide a cooling-off period by pausing trading, allowing investors more time to assess risks rationally.</span></div><div class="ace-line ace-line old-record-id-BKdCdXspjoaCHVx3ZwwuwBlFsch"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UETCde2y5oPiogx2dgKulWD7svg"><strong style="font-size: 16px;">Level 1 circuit breaker: S&amp;P 500 falls by 7%</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-PzBvdktZco3CLKxBNVWuHrPYsqf" data-list="bullet"><div><span style="font-size: 16px;">If triggered between 9:30 a.m. and 3:25 p.m. ET, trading across the market is paused for 15 minutes</span></div></li><li class="ace-line ace-line old-record-id-D4DSdHqYjoNr4OxGybDu0LGfsQd" data-list="bullet"><div><span style="font-size: 16px;">If triggered after 3:25 p.m. ET, trading continues with no halt</span></div></li><li class="ace-line ace-line old-record-id-R8SgdzCzHoqBTFxu7BAunt5YsbY" data-list="bullet"><div><span style="font-size: 16px;">Can only be triggered once per trading day</span></div></li></ul><div class="ace-line ace-line old-record-id-DgGndFRQsotDKyxMxoDuZMwCsTe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Xo9zdgRijokNiixr7v0uO4J2sde"><strong style="font-size: 16px;">Level 2 circuit breaker: S&amp;P 500 falls by 13%</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-N8S7d490GoXq1xxQIieuw112sZc" data-list="bullet"><div><span style="font-size: 16px;">The trading halt rules are the same as Level 1</span></div></li><li class="ace-line ace-line old-record-id-Cv4MdgO7WoS28NxlqcoupWSjszf" data-list="bullet"><div><span style="font-size: 16px;">Can only be triggered once per trading day</span></div></li><li class="ace-line ace-line old-record-id-BJHNdB977o6pfkxHZqLu3gOysEh" data-list="bullet"><div><span style="font-size: 16px;">Level 1 and Level 2 are counted independently within the same trading day</span></div></li></ul><div class="ace-line ace-line old-record-id-Ak3tdTqc6oUPlcxiMRkumfyisyh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Uslrds3lYoQk3wxApXHuGOZasGh"><strong style="font-size: 16px;">Level 3 circuit breaker: S&amp;P 500 falls by 20%</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-AVA2dA8dNoqhTJxXsNUuTFShsuh" data-list="bullet"><div><span style="font-size: 16px;">Trading across the market stops immediately, regardless of the time</span></div></li><li class="ace-line ace-line old-record-id-Z9JydnIw8o2y4oxiIriuW2FRs1e" data-list="bullet"><div><span style="font-size: 16px;">Trading remains halted until the next trading day</span></div></li></ul><div class="ace-line ace-line old-record-id-G1HzdcYmioZV2FxG7Bkuwe4AsPd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AEjBd8dpiorIllxgFAHuy8lrsib"><span style="font-size: 16px;">The circuit breaker mechanism is designed to:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-JhY2dkhZPoClU2xmg47uuSHrsfg" data-list="bullet"><div><span style="font-size: 16px;">Give market participants time to cool down and reassess</span></div></li><li class="ace-line ace-line old-record-id-KAY4dGqz0ozRnAxqq9OuEkEoscA" data-list="bullet"><div><span style="font-size: 16px;">Prevent panic from spreading too quickly through the market</span></div></li><li class="ace-line ace-line old-record-id-Zxc4dLjgPogB3kxLOP9u0IrRsUc" data-list="bullet"><div><span style="font-size: 16px;">Reduce the impact of irrational trading behavior</span></div></li><li class="ace-line ace-line old-record-id-RjzGdWsY4opib5xml0MutyNVsRg" data-list="bullet"><div><span style="font-size: 16px;">Help preserve orderly liquidity and price discovery</span></div></li></ul><div class="ace-line ace-line old-record-id-DI7IdFJjvoRATTx4sofuePXWs9g"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-SsgqdwPxRoRCfXxpRGYulJCnsub"><span style="font-size: 16px;">2.3 Single-stock trading pauses (Limit Up-Limit Down, LULD)</span></h3><div class="ace-line ace-line old-record-id-KaaUdJZuxoSp2gxIVF0uP67yshh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Wk5kdTilio6WaHx9JvPucg56sth"><span style="font-size: 16px;">In addition to market-wide circuit breakers, individual stocks may also be subject to trading pauses when they experience abnormal price swings. This is known as the Limit Up-Limit Down (LULD) mechanism. Its core purpose is to reduce extreme volatility by imposing a temporary pause in trading.</span></div><div class="ace-line ace-line old-record-id-SpcTdgVNxod9TUxBKZUuEYJXsih"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Iz16dUOsJoGpISxhINku26cosMe"><strong style="font-size: 16px;">Length of trading pause after being triggered</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-MnTjdkeHhosCfdxNx1EuOBPWsD9" data-list="bullet"><div><span style="font-size: 16px;">Standard pause: If a stock moves beyond the permitted price band within 5 minutes, trading will be automatically paused for 5 minutes</span></div></li><li class="ace-line ace-line old-record-id-D8S0dlpUDoBSncx2FjWuoOKEs9b" data-list="bullet"><div><span style="font-size: 16px;">In extreme cases: If the price does not return to the permitted range after 5 minutes, the pause may be extended depending on market conditions and liquidity</span></div></li></ul><div class="ace-line ace-line old-record-id-KUS9d0GxCoaiu4xYJbGuXpeVs8d"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-UYIDdcX6Moz0gbxmssiuA7klsCd"><span style="font-size: 16px;"><strong>Volatility thresholds by stock type</strong> The trigger threshold depends on the stock's liquidity tier and price range.</span></div><div class="ace-line ace-line old-record-id-KAKedL9Sjo3pFExLEw3ubEDqsXc"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="414;320" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="414"><col width="320"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-IAyJduWFYomIizxIKKZulytPsOh"><strong style="font-size: 16px;">Stock Type</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-JmUCdwc0YoWw6ExznawujrO3sTc"><strong style="font-size: 16px;">5-Minute Price Movement Threshold</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-T2L6ddyxgoejrnxpLklu7xCbszb"><span style="font-size: 16px;">Tier 1 Stocks (such as S&amp;P 500 and Russell 1000 constituents)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Ihypd1m9loxoOxxF6yUupEzXs1e"><span style="font-size: 16px;">5%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ZNZpdOlMPoISSsxKwE7ub97xsJb"><span style="font-size: 16px;">Tier 2 Stocks (other standard listed stocks)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-H3uOduXXAoKkpPxUguNuzwhLsdc"><span style="font-size: 16px;">10%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-MbvldMtrnolfSDxP1onu37DTsfg"><span style="font-size: 16px;">Lower-Priced Stocks (priced between $0.75 and $3)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-XossdNqKEomQ9Ox1wQqu4DGWsph"><span style="font-size: 16px;">20%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BWlUdDIvFoiT54xFV2Nub6iKsxc"><span style="font-size: 16px;">Very Low-Priced Stocks (priced below $0.75)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Olo6ds4yKoQUW1xYINHuksYYsmh"><span style="font-size: 16px;">The lower of $0.15 or 75%</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-ECDzdFEFvoYo8SxGRjduT33psmf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GYdzdlICpo1OKLxBsN2u4kZlspg"><strong style="font-size: 16px;">Time-of-day differences</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-Fzt6dm2soorosRxYoGzumSissGc" data-list="bullet"><div><span style="font-size: 16px;">At the open and close: Between 9:30 - 9:45 a.m. ET and 3:35 - 4:00 p.m. ET, thresholds are generally doubled because volatility tends to be higher during these periods</span></div></li><li class="ace-line ace-line old-record-id-QFtnduxqYoGEbZxy9zuuRK0hsqc" data-list="bullet"><div><span style="font-size: 16px;">Pre-market and after-hours trading: The LULD mechanism applies only during regular trading hours (9:30 a.m. - 4:00 p.m. ET) and does not apply to extended-hours trading</span></div></li></ul><div class="ace-line ace-line old-record-id-Eim2ddBgboCLI2x639tu5Onxs0l"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-JZlEdXUwkoY9MtxDUvGu3uTSszh"><strong>3. Tax Rules and Trading Restrictions in the US Stock Market</strong></h2><div class="ace-line ace-line old-record-id-BWnWdXKW6oSukFx5NjXutd6WsTg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-M3PLdH4bpoug4AxLGMsu5Vcxswe"><span style="font-size: 16px;">3.1 Dividend tax</span></h3><div class="ace-line ace-line old-record-id-FiGldmQnoow4sgxprH5ufhMNsTd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-HRaYdupXMo8Ta2xGmIXunrGBsqd"><span style="font-size: 16px;">Non-US investors should understand the tax rules related to US stock investing:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-McoedyMrxoduJkx0xDTur6FnsLf" data-list="bullet"><div><span style="font-size: 16px;"><strong>Dividend withholding tax:</strong> Dividends received by non-US investors are generally subject to a 30% US federal withholding tax. For certain countries and regions, the rate may be reduced to 10% or 15% under an applicable tax treaty.</span></div></li><li class="ace-line ace-line old-record-id-QmJtdTEJxoElPqxMjhzuUtxJszA" data-list="bullet"><div><span style="font-size: 16px;"><strong>Capital gains tax:</strong> Capital gains earned by non-US investors from buying and selling stocks are generally not subject to US federal tax.</span></div></li></ul><div class="ace-line ace-line old-record-id-PNPRd6f6foo49QxG6l6u7gtOsUh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DRXgdoXVSorSxmxD0smuUFlksen"><span style="font-size: 16px;">Examples:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-Ho4DdATjyovyyoxm2OFu7gPCsPe" data-list="bullet"><div><span style="font-size: 16px;">Dividend example: If a stock pays a $100 dividend, the investor may receive about $70, while $30 is withheld as dividend tax.</span></div></li><li class="ace-line ace-line old-record-id-DI5Wd3JSAoQmvcxACY9u0BJvsdc" data-list="bullet"><div><span style="font-size: 16px;">Capital gains example: If an investor buys a stock at $50 and sells it at $80, the $30 capital gain is generally not taxed by the US, although it may still need to be declared under the tax laws of the investor's country or region.</span></div></li></ul><div class="ace-line ace-line old-record-id-RzP9d2tzJojMadxMr3luMIWysUh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Xqmzd6lOOoNEDbxAuX6u0aPHszh"><span style="font-size: 16px;">Note: Actual tax treatment may vary depending on the investor's country or region and any applicable tax treaty. Investors are advised to consult a professional tax advisor for accurate guidance.</span></div><div class="ace-line ace-line old-record-id-JxnwdlqHWoH5rkx8XpaumwR8s4z"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-FQmBd22zToDQWSxAtJSuSnOSs22"><span style="font-size: 16px;">3.2 Day trading restrictions</span></h3><div class="ace-line ace-line old-record-id-WLwUdmfgNoQazKxEiIUursWUsL9"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QFEJdv79Cob3RgxRH2BuX0Tnsxg"><span style="font-size: 16px;">The US Securities and Exchange Commission (SEC) applies the Pattern Day Trader (PDT) Rule to margin accounts (but not cash accounts).</span></div><div class="ace-line ace-line old-record-id-GD9Vd4YcZoRxYvx8jIguBFhTsMh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KVyPdGngUorB17xcPcqu11EEsEg"><span style="font-size: 16px;">Trigger conditions:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-ZYihdlMXxoza1txS8frugd03srf" data-list="bullet"><div><span style="font-size: 16px;">You make more than 3 day trades within 5 consecutive trading days</span></div></li><li class="ace-line ace-line old-record-id-GZbLdOkXGobo5zxGnwgu50iTs0O" data-list="bullet"><div><span style="font-size: 16px;">And your total account equity is below $25,000</span></div></li></ul><div class="ace-line ace-line old-record-id-Cat1dqzZLo4Or5x9OBfujDgTsng"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-JpfDdyjnVoldRQxFqYAuFuzbsFf"><span style="font-size: 16px;">Restriction: If both conditions are met, the account may be designated as a pattern day trader and become subject to trading restrictions, including limits on opening new day trades.</span></div><div class="ace-line ace-line old-record-id-AzE4dku20oJ1DxxN0DsuGFnKsEe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-FruXdoHBeo3kedxTNFauCCMOs4g"><strong>4. Frequently Asked Questions</strong></h2><div class="ace-line ace-line old-record-id-OGtCdL6NlokBnMxqzoBufoejs8g"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Yl8PdLZ3loGckkxulNtujFVosUg"><span style="font-size: 16px;">4.1 Can I buy and sell US stocks on the same day?</span></h3><div class="ace-line ace-line old-record-id-SN40dqeRsoEPBBxEjHPumPV3shb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XXW9dyKGLoAraBxKmFBuSmRFsoh"><span style="font-size: 16px;">Yes. The US stock market follows a T+0 trading system, which means stocks bought on the same day can also be sold on the same day. However, settlement follows a T+1 cycle, so proceeds from selling stocks are generally not available for withdrawal until the next trading day after settlement is completed.</span></div><div class="ace-line ace-line old-record-id-LWPvdSg0noGAYyxDENguCW7ysWf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-UtAKdKMxho5G03xRNMtuFH4Ysbf"><span style="font-size: 16px;">4.2 Are there daily price limits in the US stock market?</span></h3><div class="ace-line ace-line old-record-id-DHlyddgQGo4HvxxZh5OukniksQf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EpA0dSSJKo5gWDxbFyTuI04osed"><span style="font-size: 16px;">No. The US stock market does not have a daily price limit. However, it does have a circuit breaker mechanism for risk control. If the S&amp;P 500 Index falls by 7%, 13%, or 20% from the previous day's close, different levels of market-wide trading halts will be triggered.</span></div><div class="ace-line ace-line old-record-id-NmqUdflDioOZWtxBGN1ukUREsZe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Qo0qdpZatoKx6mxVPUuu176hs7o"><span style="font-size: 16px;">4.3 What is the minimum number of shares I can buy in US stocks?</span></h3><div class="ace-line ace-line old-record-id-GsK7drmBsohPNixonUPuurdTs8z"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VtAkduqdbomkXRxAkDVurEsTszb"><span style="font-size: 16px;">The minimum trading unit for US stocks is 1 share. This gives investors more flexibility and lowers the barrier to entry compared with some other stock markets.</span></div><div class="ace-line ace-line old-record-id-DFlxdlE7IojXdWx13k6uciV0swd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-SbHIdvO4kocx3DxxcKyuo2BjsXb"><span style="font-size: 16px;">4.4 Do I need to pay tax on US stock dividends?</span></h3><div class="ace-line ace-line old-record-id-CTNCdOxrsoTfTBxcI1su0f3fs1f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VzIFd2YHEo26tIx2iIzuwsLCsOf"><span style="font-size: 16px;">Yes. Dividends received by non-US investors are generally subject to a 30% withholding tax, although the rate may be reduced to 10% or 15% under certain tax treaties. Capital gains from stock trading, however, are generally not taxed by the US. Investors should consult a professional tax advisor for specific tax guidance.</span></div><div class="ace-line ace-line old-record-id-PV5SdFvFno6Cn9xwCq2utzutskc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-EhscdsQKtoCrR2xyzMXu02a8sug"><span style="font-size: 16px;">4.5 What is the US stock market circuit breaker mechanism?</span></h3><div class="ace-line ace-line old-record-id-XYPcdjyacoqwE2xYWd7uXffbs7d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QVwKdvcKuoVcjbxGb8guv4IKsFe"><span style="font-size: 16px;">The circuit breaker mechanism is a market protection measure that temporarily pauses trading during sharp market declines. Using the S&amp;P 500 Index as the benchmark:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-ARGLddaX7oDTKGxO0LjuxcgnsAd" data-list="bullet"><div><span style="font-size: 16px;">A 7% drop triggers a Level 1 circuit breaker and a 15-minute halt</span></div></li><li class="ace-line ace-line old-record-id-OvnFdaPeBonF3CxoDDxuCEMRsSd" data-list="bullet"><div><span style="font-size: 16px;">A 13% drop triggers a Level 2 circuit breaker and another 15-minute halt</span></div></li><li class="ace-line ace-line old-record-id-ZJVfdBuvKooNmVx2o7mugzu9sfb" data-list="bullet"><div><span style="font-size: 16px;">A 20% drop triggers a Level 3 circuit breaker and stops trading for the rest of the day</span></div></li></ul><div class="ace-line ace-line old-record-id-R1wqda5h6odOAsxbyRPuHQbDsig"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-N27Id7Bjxo4rsexpgUsuI8evsOg"><span style="font-size: 16px;">The purpose of this mechanism is to provide a cooling-off period, reduce panic selling, and help maintain orderly market conditions.</span></div><div class="ace-line ace-line old-record-id-Y7XedGLhOoOIuYxByEgu6lrWs5f"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-CqITdbeyuocNX2xlepKueXmcsfb"><strong style="font-size: 16px;">Recommended reading:</strong></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-FdT1dH56VoI4roxQGU3uNX8zswc" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791535795" style="font-size: 16px;">What Is RealStocks?</a></div></li><li class="ace-line ace-line old-record-id-FX5Qdvx7aoFL1JxiVRtujPEZsU0" data-list="bullet"><div><a href="https://www.mexc.com/support/article/realstocks-trading-faq-382924861612411904" data-lark-is-custom="true" style="font-size: 16px;">RealStocks Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-Cw0ndl27qoes6Kxd0miuv7yJsgh" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-guide-to-the-three-major-us-stock-exchanges-and-indexes-350109095267644416" data-lark-is-custom="true" style="font-size: 16px;">A Guide to the Three Major US Stock Exchanges and Indexes</a></div></li><li class="ace-line ace-line old-record-id-V8TudnTSMo6KKpxkqR6ul8t0sAh" data-list="bullet"><div><a href="https://www.mexc.com/support/article/us-stock-market-trading-hours-and-holidays-357457114296227840" data-lark-is-custom="true" style="font-size: 16px;">US Stock Market Trading Hours and Holidays: A Time Zone Guide </a></div></li><li class="ace-line ace-line old-record-id-SRrTdRJgPoGeiVxTh38uhOwys3d" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-guide-to-us-stock-overnight-trading-357458016239358976" data-lark-is-custom="true" style="font-size: 16px;">A Guide to US Stock Overnight Trading: Trading Hours, Rules, and Risk Analysis </a></div></li></ul><div class="ace-line ace-line old-record-id-RFE1dWN5Conm18xhXjfuV9qPsKb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-H9j7dhoaloIITJxQ2hHu8CFgsYd"><strong style="font-size: 16px;">Disclaimer:</strong></div><div class="ace-line ace-line old-record-id-Oje9d7RXwoikXNxEhI7ufHPisGh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JFVMdSFUDoxcMgxp5ddubN5NsNb"><span style="font-size: 16px;">The information provided herein is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. MEXC is not a registered investment advisor or broker-dealer. All investment strategies and investments involve risk of loss. Any content contained herein should not be relied upon as advice or construed as providing recommendations of any kind. Always conduct your own research and consult with a licensed financial professional before making any investment decisions.</span></div><div class="ace-line ace-line old-record-id-ISFLdpGZfoXbbWxeOCcuTnAhsuf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DcQgdnAEOoh7P0xn8qyuQ6SWsSc"><span style="font-size: 16px;">By participating in these investment activities you risk losing ALL OR SUBSTANTIALLY ALL OF YOUR ASSETS. Please understand and evaluate the risk of trading and assess your risk tolerance carefully before conducting any trading or investment activities.</span></div><div class="ace-line ace-line old-record-id-GA5cdSje1o04gqxKf3YuaYVgsYd"><span style="font-size: 16px;"><br></span></div></div>lg...

<div data-page-id="DS1rdNZjFoczMGxCTWUuOKXMso8" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-W7bOdH1FOoRbt6xGmZsuJPxYsTe"><strong>Key Takeaways</strong></h2><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-NfuvdVHJ3oenUrxw9oxuB4iEscz" data-list="bullet"><div><span style="font-size: 16px;">The US stock market is built around three major exchanges: the NYSE, Nasdaq, and AMEX.</span></div></li><li class="ace-line ace-line old-record-id-AvWIdbzzlo9ZOvxN5PYuQzvusOh" data-list="bullet"><div><span style="font-size: 16px;">The NYSE is known for blue-chip stocks, Nasdaq is heavily focused on technology stocks, and AMEX primarily serves small and mid-sized companies.</span></div></li><li class="ace-line ace-line old-record-id-TffidAYL3o5XAWxlT3UuKSAtsS3" data-list="bullet"><div><span style="font-size: 16px;">The Dow Jones Industrial Average, the S&amp;P 500, and the Nasdaq Index reflect the US stock market from different angles.</span></div></li><li class="ace-line ace-line old-record-id-V2s2dWx3Tog1QrxkhX4u2GjOsrc" data-list="bullet"><div><span style="font-size: 16px;">The S&amp;P 500 is the most representative, the Dow is the most widely recognized, and the Nasdaq is typically the most volatile.</span></div></li></ul><div class="ace-line ace-line old-record-id-ZlTHdjszwozNY4xzsadu1yaysBe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-F9DVdBRBWoVaAFxbYaruKfrSszf"><span style="font-size: 16px;">Through its partner licensed broker, <a data-lark-is-custom="true" href="https://www.mexc.com/">MEXC</a> offers global users access to real shares of publicly listed US companies. Users can directly buy and hold stock assets, benefit from stock price movements, and enjoy the rights associated with real share ownership. In this article, we will use the three major US stock exchanges and the three major market indexes to help you build a foundational understanding of US stock investing.</span></div><div class="ace-line ace-line old-record-id-U7t4dPwp9ogc5bxNXzDuCb4vsm7"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-UkPfdcssso21LvxdqKOuZWs6sFb"><span style="font-size: 16px;">*BTN-<strong>Trade RealStocks</strong>&amp;BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/trade-stocks">https://www.mexc.com/trade-stocks</a>*</span></div><div class="ace-line ace-line old-record-id-J2fSdvIV8ok5NTxKJGEuIR0Ks5f"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-IzXkd6ODdov8OJxilLVuyFxCskb"><strong>1. The Three Major US Stock Exchanges Explained</strong></h2><div class="ace-line ace-line old-record-id-Cx2TdaJM2ooFtKxyOTsuCQSUsIg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Kj4ddy2znoeleDxyfjjufKYMsMm"><span style="font-size: 16px;">The US stock market is the world's largest capital market and is centered around three core stock exchanges. Understanding the characteristics of each exchange is the first step in learning how to invest in US stocks.</span></div><div class="ace-line ace-line old-record-id-EiTGdxIMVoueOHx2Gh4uhlUesRc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-LqiBd2h0poZCdQxLJysuotmMs83"><span style="font-size: 16px;">1.1 New York Stock Exchange (NYSE)</span></h3><div class="ace-line ace-line old-record-id-Jp5wdtGoIoIKFAxrGv8u14pcsPc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KmHudQh7fonUPBxh3F6uTl1hstd"><span style="font-size: 16px;"><a data-lark-is-custom="true" href="https://www.nyse.com/index">The New York Stock Exchange</a>, or NYSE, has a history of more than 200 years and is the largest and oldest stock exchange in the US market. <a data-lark-is-custom="true" href="https://www.nyse.com/index">The NYSE</a> has strict listing requirements and generally expects companies to demonstrate stable profitability. As a result, it is home to around 3,500 long-established, large-scale blue-chip companies.</span></div><div class="ace-line ace-line old-record-id-RJPQdmzhTogDBfx8NizuNYq3sle"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QxTUdA7I1oWcbLxAqGduYoqwszk"><span style="font-size: 16px;"><strong>Representative companies:</strong> <a data-lark-is-custom="true" href="https://www.coca-colacompany.com/">Coca-Cola</a>, <a data-lark-is-custom="true" href="https://www.jpmorgan.com/global">JPMorgan Chase</a>, Boeing, Walmart, and Disney, along with many other Fortune 500 companies, are listed on the NYSE. These companies are generally financially stable and known for relatively consistent dividends, making them a common choice for investors seeking steadier returns.</span></div><div class="ace-line ace-line old-record-id-XJ0Jdz5utoAUeHxPZlZupBgmseb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-BOyBdWqo3okfuDxZxn0uKoKYspf"><span style="font-size: 16px;">1.2 Nasdaq Stock Market (NASDAQ)</span></h3><div class="ace-line ace-line old-record-id-Bzf5dGXCCoEoLVxRuMZujewas8c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YsohdmHHWotZIux8hLvuME2psX7"><span style="font-size: 16px;">Founded in 1971, <a data-lark-is-custom="true" href="https://www.nasdaq.com/">Nasdaq</a> is the world's second-largest stock exchange and has the largest number of listed companies as well as one of the highest trading volumes. Unlike the NYSE, <a data-lark-is-custom="true" href="https://www.nasdaq.com/">Nasdaq</a> operates as a fully electronic exchange, with relatively more flexible listing requirements that make it particularly suitable for high-growth technology companies.</span></div><div class="ace-line ace-line old-record-id-NwRGd2O9EoigGnxaLnxuhLU6sdh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IKlfdEdT1oInPBxqo9lujtsmsVd"><span style="font-size: 16px;"><strong>Representative companies:</strong> <a data-lark-is-custom="true" href="https://www.apple.com/">Apple</a>, Microsoft, Google, Amazon, Meta, and <a data-lark-is-custom="true" href="https://www.tesla.com/">Tesla</a> are all listed on Nasdaq. More than 60% of Nasdaq-listed companies are in the technology sector, making it a key barometer for the global tech industry.</span></div><div class="ace-line ace-line old-record-id-SdvudBKp3oFLBbxsw8Zu3a3EsEg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-L6X1devKookvIRxWlFlu385esGe"><span style="font-size: 16px;">1.3 American Stock Exchange (AMEX)</span></h3><div class="ace-line ace-line old-record-id-U8zcd7iMjoCaDFxolvQuCliFscd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-NnYkdUqVzoPLlAxLL1pueu4Xslf"><span style="font-size: 16px;">The American Stock Exchange was once the third-largest exchange in the United States. It was later acquired by the NYSE and renamed <a data-lark-is-custom="true" href="https://en.wikipedia.org/wiki/NYSE_American">NYSE American</a>. This exchange primarily serves small and mid-sized businesses and has relatively lower listing requirements, making it a stepping stone for many companies seeking to grow into larger markets.</span></div><div class="ace-line ace-line old-record-id-Nx4AdKSPSoXKsqxCUyLuqeVAsmd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-VOm0d4UQHolkQRxahNyu5BHYsZd"><strong>2. Key Differences Between the Three Major US Stock Exchanges</strong></h2><div class="ace-line ace-line old-record-id-RLZ2dz5O9oQVD2xaTafu6NyOsGg"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="236;204;182;162" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="236"><col width="204"><col width="182"><col width="162"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-MHnzdYxKkoTfzqx4edcuPzTBs8e"><strong style="font-size: 16px;">Comparison Area</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-JXktdd1Yloca8WxakwNudaEgsEg"><strong style="font-size: 16px;">NYSE</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-UkBUdqHccoBoMfxyKI3u8Nb6swc"><strong style="font-size: 16px;">Nasdaq</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-UX7hdLZWgogzSCxanhyuPiJnszh"><strong style="font-size: 16px;">AMEX</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Wkupd7D5sopL5MxoZzZuFEKss5g"><span style="font-size: 16px;">Listing requirements</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Yu7VdrtLDoBup2xjPTiuUJMcsyg"><span style="font-size: 16px;">Strict, with an emphasis on sustained profitability</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Sp8xd2rOKoWpyyxj8dDuhB94sEL"><span style="font-size: 16px;">Relatively flexible</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-CBLtdzx8yo1Ounx6dF5uXB67syh"><span style="font-size: 16px;">Lower</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-GBQxdLClzoQOnbx1D1yuWjrEsHP"><span style="font-size: 16px;">Typical company profile</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-T8TvdBFH5onMxqxkZbuu17yqseb"><span style="font-size: 16px;">Large blue-chip companies</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-FJbXdBDkIoSEjIxAdJWuPoKcs0f"><span style="font-size: 16px;">Technology and innovation-driven companies</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-AGwtdfpnioRmn3xt3VZuxYzVsTd"><span style="font-size: 16px;">Small and mid-sized companies</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-YcJid2GEfoXHMHxW1vWugjlEskf"><span style="font-size: 16px;">Trading model</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-VSlndsp5hoabRdxEpjjuahjjsig"><span style="font-size: 16px;">Hybrid of floor and electronic trading</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Q5sfduKC7oYIE8xTgfIuuEAXsRm"><span style="font-size: 16px;">Fully electronic</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-I7q0dsDrYoHw11xNTHQuP5IJsPe"><span style="font-size: 16px;">Electronic</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-J78tdtxUUowQnFxdvqmuJNH3sHb"><span style="font-size: 16px;">Representative companies</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-G52bdLNwnog2ZUx7vL2u0TXhsTh"><span style="font-size: 16px;">Coca-Cola, JPMorgan Chase</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-GWa3dpcAsovD6hxoNYLurQuusoe"><span style="font-size: 16px;">Apple, Microsoft</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Q6bdd4O68obY6hxplGyuz40Is5e"><span style="font-size: 16px;">Smaller growth companies</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-A3prdBaR1osO83xRgEEuzaRxsfe"><span style="font-size: 16px;">Investment characteristics</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-KNG2dpkqsofVzvxUwJNu069ysPe"><span style="font-size: 16px;">More stable, with relatively consistent dividends</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ICeMd4ynBo3NMdxKpcNu8PvDstc"><span style="font-size: 16px;">Higher growth, higher volatility</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-F4wwd5ENDoYBCFxngwcuZIV5sxc"><span style="font-size: 16px;">Early-stage growth potential</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-AEuLdgi82oVe2YxBHqzu8r1Dsab"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-UB6VdrdkfoWnMrxOgymuNqJxsaf"><strong>3. The Three Major US Stock Indexes Explained</strong></h2><div class="ace-line ace-line old-record-id-XzUhdHvQqo6RFDxs0zBuzHZ4spV"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KjbSd8W0voPm3Mx0YE8u5VFasxf"><span style="font-size: 16px;">US stock indexes are important tools for measuring overall market performance. Each of the three major indexes has a different focus and helps investors understand the market from a different perspective.</span></div><div class="ace-line ace-line old-record-id-XIdJdstYkoOdXWxCCKfuf9wgscg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-TKEWdP9t7otGh2xAXf4u6yjfsnh"><span style="font-size: 16px;">3.1 Dow Jones Industrial Average (DJIA)</span></h3><div class="ace-line ace-line old-record-id-EJshdu6Q4oFHPYxIO8uuB3p8sFc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WNiPdT9CzoAdQOxwp59ue2mXspb"><span style="font-size: 16px;"><a data-lark-is-custom="true" href="https://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average">The Dow Jones Industrial Average</a> was created in 1896 and is the oldest major US stock index. It consists of 30 highly influential blue-chip companies across sectors such as technology, finance, healthcare, and consumer goods, including well-known names like Apple, Microsoft, JPMorgan Chase, Coca-Cola, and Nike.</span></div><div class="ace-line ace-line old-record-id-OtdrdaoNdog2GbxYrbOufBxYsxd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TzpIdsh1Yof9exxen0Ku0ahZseb"><span style="font-size: 16px;"><strong>Key features:</strong> The Dow is price-weighted, meaning companies with higher share prices have a greater impact on the index. It is also the index most frequently cited by the media and is often seen as a barometer of the overall health of the US economy.</span></div><div class="ace-line ace-line old-record-id-GATgd5DJooS3TWx4iXxuF6BHsWf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-N6Czd3JyKoGtAaxWC9euogZFsGb"><span style="font-size: 16px;">3.2 S&amp;P 500 Index</span></h3><div class="ace-line ace-line old-record-id-NPr7dJpBQoBO01xNQBYu2kOcsZc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DQOcdMBn1oGTX2xkZncuIxolsPb"><span style="font-size: 16px;"><a data-lark-is-custom="true" href="https://en.wikipedia.org/wiki/S%26P_500">The S&amp;P 500</a> was launched in 1957 and includes 500 leading publicly listed US companies. It accounts for about 80% of the total market capitalization of the US stock market and is widely considered the most representative broad-market index for US equities.</span></div><div class="ace-line ace-line old-record-id-GJnNdOi6jor94ZxEnTluB2OesNg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JuVedcf5FoNN4yx9bH6uxJGFsDg"><span style="font-size: 16px;"><strong>Key features:</strong> The S&amp;P 500 uses market-cap weighting, which provides a more accurate reflection of the market's actual structure. It is used by 97% of institutional investors as a performance benchmark, and its movements are widely seen as a reflection of both the US economy and corporate earnings. Information technology has the largest sector weighting at around 30%, followed by healthcare, financials, and other sectors.</span></div><div class="ace-line ace-line old-record-id-EB8ddHujToTbGvx8yViuiifLsAd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Toxgd8lytocDVkxkhBvusM8Pslf"><span style="font-size: 16px;"><strong>Top-weighted companies:</strong> Apple, Microsoft, Amazon, Nvidia, and Google rank among the largest constituents in the index.</span></div><div class="ace-line ace-line old-record-id-GFwfdFZqxoZhxFxvc88u77Ngs7d"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-S3nsdoT0Ko7QQRx0Q23unKUSsrc"><span style="font-size: 16px;">3.3 Nasdaq Composite Index (NASDAQ)</span></h3><div class="ace-line ace-line old-record-id-MClQdBmgoob0DUxqIvCuGtPEsRb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Egx0dfo7xoDzvqxI3AxusWdQsFc"><span style="font-size: 16px;"><a data-lark-is-custom="true" href="https://en.wikipedia.org/wiki/Nasdaq_Composite">The Nasdaq Composite</a> tracks all stocks listed on the Nasdaq exchange and includes more than 3,000 constituents. Around 60% of these companies come from the technology sector, making it one of the most important indicators for tracking tech stock performance.</span></div><div class="ace-line ace-line old-record-id-H7SJdAPZcocWFJxiJxUu56y8sDb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YYNHd0VAforixOxFZAwuUDX0soc"><span style="font-size: 16px;"><strong>Key features:</strong> The Nasdaq Composite is market-cap weighted, which gives major technology companies an outsized influence on the index. Companies such as Microsoft, Apple, Amazon, and Nvidia rank among its largest weights. Because of its heavy technology concentration, the Nasdaq Composite is generally more volatile than the Dow and the S&amp;P 500, but it also offers greater exposure to growth potential.</span></div><div class="ace-line ace-line old-record-id-PAQhdL45hoa00cx0IZ4uAL1GsIL"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-TtLvdMkdqoGGUCx6ZM6udrSWsme"><strong>4. Key Differences Between the Three Major US Stock Indexes</strong></h2><div class="ace-line ace-line old-record-id-VDeKdqh5botWITxIvotuuOY1sjf"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="176;176;208;208" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="176"><col width="176"><col width="208"><col width="208"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-W0RZdd5ZKoJW5Txl2rJuqDXfsJf"><strong style="font-size: 16px;">Comparison Area</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-UWkcdKbr7oKbgAxqw57uGWFCsYc"><strong style="font-size: 16px;">Dow Jones Industrial Average</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ASeVd8OEpo7Mq4xHo3VuXTSuscc"><strong style="font-size: 16px;">S&amp;P 500</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-KoVpdJjqCosw0hx41dGuolW7sZg"><strong style="font-size: 16px;">Nasdaq Composite</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Bt9CduWZ4onsAixWXkHukhrHsnb"><span style="font-size: 16px;">Number of constituents</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PX4Xd6F84oDS18xe7fgupdlss0b"><span style="font-size: 16px;">30 selected blue-chip stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BePGdMIsZoLEYOxbTYau9NCNs8b"><span style="font-size: 16px;">500 large companies</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Qx97d5PCiou5kDxy3vpurWqJsQd"><span style="font-size: 16px;">3,000+ stocks</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-KtKkdoo8CoTPpSxRBRwul0cYshb"><span style="font-size: 16px;">Calculation method</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-OvdJdGwrcotOhwxjUJNuGlBFspd"><span style="font-size: 16px;">Price-weighted</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-HGSMdkLMSodtsnxAPouu7BGNs2f"><span style="font-size: 16px;">Market-cap weighted</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-L2TddAdxYo2BVnxk440u7CQVsQg"><span style="font-size: 16px;">Market-cap weighted</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TPsNdUz48odusjxuH9oucDTtszb"><span style="font-size: 16px;">Sector focus</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DoRLdo3FYoafgtxyi72uy43esSe"><span style="font-size: 16px;">Broad sector balance</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ZRoidiCM8oYIruxdBd5unEZ3src"><span style="font-size: 16px;">About 30% technology</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-U5U1d18DMoHdFmxx8GDuSsKcsPp"><span style="font-size: 16px;">About 60% technology</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-SOzsdV7NZowAJTxPaQ6uoZi1sSf"><span style="font-size: 16px;">Volatility</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Cr2DdSPexoBhw4xjwhAukKresWd"><span style="font-size: 16px;">Lowest, with more stable constituents</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-GQMBd0mXnowZdgxMn6suFGwAsZc"><span style="font-size: 16px;">Moderate, with broader sector balance</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-UnhTdNENvovwb0x5NMaux936sKc"><span style="font-size: 16px;">Highest, with greater tech sensitivity</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-EyTfdJWffo4lZCxhnz0u1zxOs3e"><span style="font-size: 16px;">Market representation</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-B8mMduiu7oZ2t1xAeDCuBBPRsYg"><span style="font-size: 16px;">Most widely recognized, but less comprehensive</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DYMNdCfoFojtjaxamgSuZnJSsBb"><span style="font-size: 16px;">Covers about 80% of US market cap and is the most representative</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-QyTmdLETAook2ux5KZfu8Lncsif"><span style="font-size: 16px;">Reflects technology and innovation trends</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-AOKgdiFHLoZNOVxx7SZuR4cQsEg"><span style="font-size: 16px;">Representative companies</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-UVgLd95QMoizwhx3VNOuc8IZs8b"><span style="font-size: 16px;">Coca-Cola, Nike, JPMorgan Chase</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-FqRrdQ93joLtqbxWoE5ubNBQsrh"><span style="font-size: 16px;">Apple, Microsoft, Amazon</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-KJE4drbihoeKS6xuBsDuuJv5s5c"><span style="font-size: 16px;">Nvidia, Tesla, Meta</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NvH3d7IiEoYsZ8xt6jgupUkSsqf"><span style="font-size: 16px;">Investment focus</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Nh76dAc7Ponag9x8zqBu5id8sJh"><span style="font-size: 16px;">Tracks leading blue-chip performance</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-VWZ0duwzVoLXksxHoMuu3I6Jsue"><span style="font-size: 16px;">Tracks the overall market</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-EzeZdw8FyozKAzxeDTluUPiwsrh"><span style="font-size: 16px;">Tracks the technology sector</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-AmnddFc0uoQKhXx3eGou5nGysYr"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-MDRqdEn69o9WYpxGt6zuV71usAf"><strong>5. Frequently Asked Questions About US Stocks</strong></h2><div class="ace-line ace-line old-record-id-HgikdMxl8otP0hxLPlZuLkTCswg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-SwHbdiHFnoXDL7x3xopumeNdsFd"><span style="font-size: 16px;">5.1 What is the US stock market?</span></h3><div class="ace-line ace-line old-record-id-Nh0Cdab9RogPrSxmCv8ut6ESsef"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TuHjdCpv9otA2Vx0u3Vu1InWsNg"><span style="font-size: 16px;">The US stock market refers to the equity market in the United States. It is the world's largest and most mature capital market and is made up of three major exchanges: the NYSE, Nasdaq, and AMEX. Through MEXC's partner broker, global investors can participate in US stock investing more conveniently.</span></div><div class="ace-line ace-line old-record-id-IjNzdd9EhoHPgtx3pkNu5xWNswe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-DOpndSlV4oqzOLxUi3XuIaHHsqb"><span style="font-size: 16px;">5.2 How can I invest in US stock indexes?</span></h3><div class="ace-line ace-line old-record-id-J5OIdMYHso8Wbzx8pWJufQMZs0f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-D6pwdgqSeoRyZ4x0UN5ub7yBsTn"><span style="font-size: 16px;">Although indexes themselves cannot be traded directly, retail investors typically gain exposure through index ETFs such as SPY and QQQ, or by purchasing constituent stocks directly. At the same time, investors can also access US stock-related trading products on MEXC to participate in the price movements of constituent stocks such as Apple and Microsoft.</span></div><div class="ace-line ace-line old-record-id-Hk49dHRDoosrilxRWIhuzssBsgf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-GgLDdF0smok0PmxB6YSuf6N4sIg"><span style="font-size: 16px;">5.3 Which is more important, the S&amp;P 500 or the Dow?</span></h3><div class="ace-line ace-line old-record-id-BuyfdsD7No2DeQxhxNAumPSQsQc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AuVsdAfZAoQP9yxQP5euWXMusnd"><span style="font-size: 16px;">The S&amp;P 500 is generally more useful as a market reference because it includes 500 companies and represents around 80% of US stock market capitalization. It provides a broader and more accurate picture of overall market performance and is also the benchmark most commonly used by institutional investors. The Dow is more widely recognized by the public, but because it includes only 30 stocks, it is less comprehensive.</span></div><div class="ace-line ace-line old-record-id-FGDWdCPA3oQ4pIxHKx2uZTjOsNc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ZPzkdmpIOoh7KHx71FpuwyDxs0X"><span style="font-size: 16px;">5.4 Why is the Nasdaq more volatile?</span></h3><div class="ace-line ace-line old-record-id-NUvEdIy1ZoDHQlxAF3juE8CJsme"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WDsjd63rRoHqtwxG2EeuFG9isCf"><span style="font-size: 16px;">Around 60% of Nasdaq's constituents come from the technology sector, and tech stocks are generally more sensitive to changes in interest rates, market sentiment, and growth expectations. Many of these companies are high-growth businesses with less stable earnings, which can lead to larger swings in valuation. By comparison, the Dow and the S&amp;P 500 include more traditional blue-chip companies and tend to show more stable performance.</span></div><div class="ace-line ace-line old-record-id-K8bedGXx5obvvFxBoRwuywPesVg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-BUcndB0VYo9NHhxp6s0uKlkCskg"><strong style="font-size: 16px;">Recommended reading:</strong></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-O5VMdW3Lao79g9xVv1duUyxEshf" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791535795" style="font-size: 16px;">What Is RealStocks?</a></div></li><li class="ace-line ace-line old-record-id-CriQdTIyRo98Zlxv8h5uCHVQstc" data-list="bullet"><div><a href="https://www.mexc.com/support/article/realstocks-trading-faq-382924861612411904" data-lark-is-custom="true" style="font-size: 16px;">RealStocks Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-OQ6Bd4I3xoRQ7VxQZGTu7fuVsph" data-list="bullet"><div><a href="https://www.mexc.com/support/article/understanding-the-basic-trading-rules-of-the-us-stock-market-353097164145019904" data-lark-is-custom="true" style="font-size: 16px;">Understanding the Basic Trading Rules of the US Stock Market </a></div></li><li class="ace-line ace-line old-record-id-Efk4d64yHo9F7ixR4waujyNgsue" data-list="bullet"><div><a href="https://www.mexc.com/support/article/us-stock-market-trading-hours-and-holidays-357457114296227840" data-lark-is-custom="true" style="font-size: 16px;">US Stock Market Trading Hours and Holidays: A Time Zone Guide </a></div></li><li class="ace-line ace-line old-record-id-OBeldU03eoNRIqxr1wHuL63RsZb" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-guide-to-us-stock-overnight-trading-357458016239358976" data-lark-is-custom="true" style="font-size: 16px;">A Guide to US Stock Overnight Trading: Trading Hours, Rules, and Risk Analysis </a></div></li></ul><div class="ace-line ace-line old-record-id-VcgRdtqnloWYWrx97CwuEXsGsVe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-E9NUdj3VAoA41nxy4Y3uWCz3syb"><strong style="font-size: 16px;">Disclaimer:</strong></h3><div class="ace-line ace-line old-record-id-Denbdj9MDoCCl5xqRUpuDszdsHe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VIlad54gzof5FvxX8JVurLuUsIJ"><span style="font-size: 16px;">The information provided herein is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. MEXC is not a registered investment advisor or broker-dealer. All investment strategies and investments involve risk of loss. Any content contained herein should not be relied upon as advice or construed as providing recommendations of any kind. Always conduct your own research and consult with a licensed financial professional before making any investment decisions.</span></div><div class="ace-line ace-line old-record-id-HmpndImp7o2v5tx4zJDu7vUTslc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EaofdIprAosZt4xNcCmuFzhgs5e"><span style="font-size: 16px;">By participating in these investment activities, you risk losing ALL OR SUBSTANTIALLY ALL OF YOUR ASSETS. Please understand and evaluate the risk of trading and assess your risk tolerance carefully before conducting any trading or investment activities.</span></div><div class="ace-line ace-line old-record-id-RqaFdXbVno9Or6xhPu1u9NNYsCg"><br></div></div><style><!--br {mso-data-placement:same-cell;}--> td {white-space:nowrap;border:0.5pt solid #dee0e3;font-size:10pt;font-style:normal;font-weight:normal;vertical-align:middle;word-break:normal;word-wrap:normal;}</style>lg...

<div data-page-id="YOoGdz66forlMzxZGauuMxeIsLc" data-lark-html-role="root" data-docx-has-block-data="false"><h2 class="heading-2 ace-line old-record-id-K3m3dWX3toLd5QxQw8hukJ0rsKf"><strong>1. What are stock vouchers?</strong></h2><div class="ace-line ace-line old-record-id-UbuhdykFLob0WWxo6wvuzQgssWd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LuM5dH72pojE9zxGbWwuzZubsCg"><span style="font-size: 16px;">MEXC provides stock vouchers to help users participate in US stock trading at a lower cost. Users can obtain these vouchers by participating in platform events and redeem them for actual stock assets or cash rebates when the relevant conditions are met.</span></div><div class="ace-line ace-line old-record-id-CoYDdfsPYoZ1u5xYbWuuVxxssRh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DZJYd0KfBoOeKpxfau1usSsbsTc"><span style="font-size: 16px;">Stock reward vouchers are mainly divided into two types: stock redemption vouchers and stock cash vouchers. The key difference is that a stock redemption voucher corresponds to a specific stock and can only be redeemed for that designated stock, while a stock cash voucher is a fund specifically used to purchase US stocks and offers greater flexibility.</span></div><div class="ace-line ace-line old-record-id-BIV7dddCAo9znsx7hSdu1fDNsed"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-T29LdQhWXo8vnjx91fNuyn1vsiD"><span style="font-size: 16px;">*BTN- <strong>Trade RealStocks</strong>&amp;BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/trade-stocks">https://www.mexc.com/trade-stocks</a>*</span></div><div class="ace-line ace-line old-record-id-ANeFdzTRPoWPaDx3xiDuQr4HsKd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-CMpVd7H90oXBvxxs4NHuHmjCstG"><strong>2. What is a stock redemption voucher?</strong></h2><div class="ace-line ace-line old-record-id-GHXhdtEUioXDxIxmJKPu3AiVsEw"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-E2A0dJDbgo6vIsx4wMcueGmUsKe"><span style="font-size: 16px;">A stock redemption voucher represents the right to redeem shares of a specific stock. Each stock redemption voucher corresponds to a fixed US stock, and users can only redeem it for that designated stock. For example, a $10 Tesla stock redemption voucher can only be used to obtain $10 worth of Tesla stock and cannot be redeemed for other stocks.</span></div><div class="ace-line ace-line old-record-id-YMETdhNrToeEErxAFcOu208CsGg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GNvtdyUdyogqcGxdLESuhHaNsTe"><span style="font-size: 16px;">Stock redemption vouchers are divided into face-value and share-quantity. After redemption, users need to wait for review. Once approved, the stock will be automatically credited to the user's US stock account.</span></div><div class="ace-line ace-line old-record-id-ATYwdufKdowzHfxe6AGueD8Ksob"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-GM1JdrAKIomQDCx98v4uBRzrsUg"><strong>3. What is a stock cash voucher?</strong></h2><div class="ace-line ace-line old-record-id-S3WmdKmw9ojQBYxpO40upomGsse"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YEZ1d7HBIoM2UXxjgAQuLnvOsYd"><span style="font-size: 16px;">A stock cash voucher is essentially a fund specifically used to purchase US stocks, offering more flexibility than a stock redemption voucher. For example, a $10 general stock cash voucher can be used to purchase $10 worth of any US stock.</span></div><div class="ace-line ace-line old-record-id-NB7jdJDSNoRcexxswyTuxnzAsbh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FJqVd6CwIos1TTxPLtquvi44sqc"><span style="font-size: 16px;">Stock cash vouchers are divided into the following two types:</span></div><div class="ace-line ace-line old-record-id-FJJ9d7Dk6oFqw4x8cHbuORF2sne"><span style="font-size: 16px;"><strong>General stock cash voucher:</strong> Applicable to all US stock trades. After the trade is completed, the rebate will be automatically credited to the user's account.</span></div><div class="ace-line ace-line old-record-id-DJ6EdChMQoR6rMxBfDPuyNujs6e"><span style="font-size: 16px;"><strong>Select</strong><strong> stock cash voucher:</strong> Only applicable when purchasing a specific stock. It supports two usage methods: direct redemption into stock or order-based rebate.</span></div><div class="ace-line ace-line old-record-id-B9l3dW8dNoStbyx5E7PuiujPsTf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-OaaWdSlO3otu4jxgb84u0pawsAb"><strong>4. Where can I view my stock vouchers?</strong></h2><div class="ace-line ace-line old-record-id-MZE4dLB40o1fV0xZcKwuAP2Wszb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BWUHdTLm4o7EpUxGOGpuNP4YsNd"><span style="font-size: 16px;">Currently, the stock voucher feature is only supported on the App. Web is not supported yet.</span></div><div class="ace-line ace-line old-record-id-ZojCdNtAvolCurxQwHjuLuNXsGc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VGqFd8igAos3DExsIbHu3H4Dsbe"><span style="font-size: 16px;">You can view your vouchers through the following path: MEXC App → <strong>Stocks</strong> → <strong>My</strong> → <strong>My Vouchers</strong> → view all stock vouchers.</span></div><div class="ace-line ace-line old-record-id-OCNmd6PgUoK8nYx3Ndduc3Pms4c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JcozdB1uyoBVboxCCFbu3W0wsWb"><span style="font-size: 16px;">Please make sure your App has been updated to the latest version to access the full US stock feature experience.</span></div><div class="ace-line ace-line old-record-id-Wrd9d6Wh9oKkg4xb0RquQLrTsQf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VM99df64jonWSCxEbbWu1Dptsed"><br></div><div class="ace-line ace-line old-record-id-LrBodZKPkoWxFxxcNeiu010Zs7g"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-L5yadPYwcoEaebxUGNfuQp35sld"><strong>5. How do I redeem a stock redemption voucher?</strong></h2><div class="ace-line ace-line old-record-id-T5KldGu5zo52jvxolq7uAhRvsLd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VVRkdZWbwoTHIExblQOumNCFsod"><span style="font-size: 16px;">The operation process is the same for stock redemption vouchers by face value or by share quantity.</span></div><div class="ace-line ace-line old-record-id-ANBsdosRuom2gPxNN7Pu3G01s2c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Px2Dd0wk3ozHfJxUZAGuo6Nvs2c"><span style="font-size: 16px;">Users only need to select the stock voucher they want to use in the Voucher Center and tap <strong>Redeem Stock</strong> to submit the application. After the redemption application is submitted, the status will show <strong>Redeeming</strong>. The redemption can only be completed after backend review is approved, and the corresponding US stock assets will then be automatically credited.</span></div><div class="ace-line ace-line old-record-id-QJIXd9QWCoLHAjxmSBIuJtJrsRd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-X0sidlFbWo1M0ixW95yuH2q1szb"><br></div><div class="ace-line ace-line old-record-id-BOqJd8RyBorHQCxlGj6uLojTswd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-VUZfdKyILoHiH1xmGtsuQyposCc"><strong>6. How do I use a general stock cash voucher?</strong></h2><div class="ace-line ace-line old-record-id-ZXZ5dlToNo2qnSxgdyfu1eKis0f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OHLxdzr7coPTeYx5MFAu1LKJsVd"><span style="font-size: 16px;">A general stock cash voucher applies to all US stock trades and can only be used when buying stocks. After the trade is completed, the platform will return the corresponding amount to the user's account in cash. Users can view the cashback details in <strong>Funding History</strong>, where the rebate entry will be displayed under the event reward type.</span></div><div class="ace-line ace-line old-record-id-S2tzdtgSeoUnBdxySYvuDYdrsgb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GmR6duqWropBBpxpstZu4DN1s8g"><span style="font-size: 16px;">A select stock cash voucher can only be used when purchasing a specific US stock and supports two usage methods.</span></div><div class="ace-line ace-line old-record-id-MDWEdAE45oK4Fax0BE0uQTbHsGe"><span style="font-size: 16px;">1. Direct redemption: Users can directly redeem the cash voucher for the designated stock in the Voucher Center. If they also hold a general cash voucher, it can be used together. However, the total amount must be enough to purchase at least 1 share, and approval by the relevant team is required.</span></div><div class="ace-line ace-line old-record-id-BsxKdeiYIoCpXHxHxH8ufHA8sMe"><span style="font-size: 16px;">2. Order-based rebate: When purchasing the designated stock, the voucher is automatically applied. After the trade is completed, the cash rebate will be credited to the account.</span></div><div class="ace-line ace-line old-record-id-Fz04dkxljoM61px93oGuZGGqssg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GTbDdKxLAonTrLxBo2curi8As03"><br></div><div class="ace-line ace-line old-record-id-T4yndquELoJx5dxs7s0udmG7sDy"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-A3and0FQBoBPKgxppriuI3VYsvb"><strong>7. What should I keep in mind when using stock vouchers?</strong></h2><div class="ace-line ace-line old-record-id-X6LVd8XjBo0ZEnxgf2IuNz8Vsrg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Nznwdx1R8olL6Vx9mEAuEJ1Sskb"><span style="font-size: 16px;">Please note the following when using stock vouchers:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-BLmHdNzHkoI9USxjFyuuZ1FRsQh" data-list="bullet"><div><span style="font-size: 16px;">All voucher operations must be completed through the MEXC App. Web is not supported yet.</span></div></li><li class="ace-line ace-line old-record-id-G2bQd3MIio8wD3x6U4Fu0fPvszg" data-list="bullet"><div><span style="font-size: 16px;">Redemption of stock vouchers and some cash vouchers requires review. Please wait patiently for the processing result.</span></div></li><li class="ace-line ace-line old-record-id-Jj17dbw91oZuD5xfjuMuhHlcsRb" data-list="bullet"><div><span style="font-size: 16px;">When directly redeeming a select stock cash voucher, please make sure the amount is enough to purchase at least 1 share. Otherwise, the redemption cannot be completed.</span></div></li><li class="ace-line ace-line old-record-id-OCBKdA060oNARhxaRmYuGeIgsDp" data-list="bullet"><div><span style="font-size: 16px;">It is recommended that you check the Voucher Center regularly and use vouchers that are about to expire in time to avoid missing out on US stock benefits.</span></div></li></ul><div class="ace-line ace-line old-record-id-TaFKdFyJmoWArXxDfqCuieAiswS"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-XX9odr3myoffYjxMq9judoGSsNh"><span style="font-size: 16px;">Recommended Reading:</span></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-D2NedfBfEoZ2c1xFpbUuBLcIsBg" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791535795" style="font-size: 16px;">What Is RealStocks? </a></div></li><li class="ace-line ace-line old-record-id-BDD4dVhxeokIiFxx2Abu4aAlsPG" data-list="bullet"><div><a href="https://www.mexc.com/support/article/realstocks-trading-faq-382924861612411904" data-lark-is-custom="true" style="font-size: 16px;">RealStocks Trading FAQ </a></div></li><li class="ace-line ace-line old-record-id-CpYFdz3adoOQetxUOxOuthkystd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/how-to-choose-the-right-us-stocks-for-you-370640610900656128" data-lark-is-custom="true" style="font-size: 16px;">How to Choose the Right US Stocks for You</a></div></li><li class="ace-line ace-line old-record-id-SeDOdJ0PNokhZixC4VCuqeoPscw" data-list="bullet"><div><a href="https://www.mexc.com/support/article/common-us-stock-order-types-explained-369454005926051840" data-lark-is-custom="true" style="font-size: 16px;">Common US Stock Order Types Explained</a></div></li><li class="ace-line ace-line old-record-id-FJjEdqpCxovCGix4vo2uzqdHsrd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/understanding-the-basic-trading-rules-of-the-us-stock-market-353097164145019904" data-lark-is-custom="true" style="font-size: 16px;">Understanding Basic Trading Rules of the US Stock Market</a></div></li></ul><div class="ace-line ace-line old-record-id-OFQTdJ59UocuhExZqzOuxk7Zs3e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DzvydzatRoFnRax7a9SuWUw2sr2"><strong style="font-size: 16px;">Disclaimer:</strong></div><div class="ace-line ace-line old-record-id-S55zdbKowox8yMxIGFou7i7nsHd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-G2JTdx85IocruAxSEkGuBggPsXd"><span style="font-size: 16px;">The information provided herein is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. MEXC is not a registered investment advisor or broker-dealer. All investment strategies and investments involve risk of loss. Any content contained herein should not be relied upon as advice or construed as providing recommendations of any kind. Always conduct your own research and consult with a licensed financial professional before making any investment decisions.</span></div><div class="ace-line ace-line old-record-id-AqzRdrnNSoFJxQxkbSpuKJIEsVc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-V7pXdUDnioezpBxGsqgurYxvsQd"><span style="font-size: 16px;">By participating in these investment activities, you risk losing ALL OR SUBSTANTIALLY ALL OF YOUR ASSETS. Please understand and evaluate the risk of trading and assess your risk tolerance carefully before conducting any trading or investment activities.</span></div></div>lg...

<div data-page-id="DHmfd5CdpoaCesxNY8purYXOsQe" data-lark-html-role="root" data-docx-has-block-data="true"><div class="ace-line ace-line old-record-id-MhnTdTWtqoDqsZx2zO8uP5m9sXg"><span style="font-size: 16px;">If you find that your account asset balance does not match your expectations, please do not worry. This article lists several common causes and corresponding troubleshooting methods to help you quickly identify the issue.</span></div><div class="ace-line ace-line old-record-id-Q1Hhd6FuEoJvbwxGb3kuR1T5sKg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-UIiZdir20oZ0t4x9Hl3uEt5Wsle"><strong>1. Common Issues and Solutions</strong></h2><div class="ace-line ace-line old-record-id-TfvOdIDvWoly1MxraCEuMg8Asbf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-SdF5dQxiLoQAMsxlf3Ju6nXws4b"><span style="font-size: 16px;">1.1 Logged into a wrong account</span></h3><div class="ace-line ace-line old-record-id-VByMdZL1KowZ3Vx144uuUzMxsUe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IIvHd2SKloenoLxqdCxuXXbBstf"><span style="font-size: 16px;"><strong>Reason: </strong>You may have multiple accounts (such as a main account, sub-accounts, or accounts created through different sign-up methods). The account you are currently logged into may not be the one where your assets are stored.</span></div><div class="ace-line ace-line old-record-id-Jp7Nd7S0lof3nwxTZnLuZLpEsBf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BbN8dhAnzoI2lpxo0PXurxEbsMe"><span style="font-size: 16px;"><strong>Typical Case (Mobile Number Sign-Up):</strong> When signing up with a mobile number, entering "+84 13800000000" and "+84 013800000000" (with an extra leading "0" in the mobile number) will be recognized by the system as two different accounts. In this situation, you may have inadvertently logged into a similar but different account.</span></div><div class="ace-line ace-line old-record-id-WBEpdW97joo8uNxoTXduPQ9HsTN"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GP3MdIbaaoNNs5xt6Yau6n40sTd"><span style="font-size: 16px;"><strong>Troubleshooting Suggestions:</strong> Log out of the current account and carefully verify the mobile number you usually use (pay attention to whether there is a leading "0"), check the email address or third-party login method, and log in again using the correct account information.</span></div><div class="ace-line ace-line old-record-id-WhsBd4oeVo7pqfxsS9Zu1DB0sBl"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-N7v8dUDcSoPLIQxMWeOu8TUCsyA"><span style="font-size: 16px;">1.2 Hide Small Balances feature enabled</span></h3><div class="ace-line ace-line old-record-id-ABZfdggGco7afMxDy4BuPBudsbb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZWJidIAoToFu3GxSkrJu0cZZsLY"><span style="font-size: 16px;"><strong>Reason:</strong> The platform provides a <strong>Hide Small Balances</strong> feature, which automatically hides token holdings that value falls below a preset threshold. By default, assets worth less than 1 USDT will be hidden, which is why you cannot see these assets.</span></div><div class="ace-line ace-line old-record-id-OO2GdyjJyoobaNxXLiTuFu9Dsjh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GuNxdpy25oVouwx0IJHucW7wsoe"><span style="font-size: 16px;"><strong>Troubleshooting Suggestion:</strong> Locate the <strong>Hide Small Balances</strong> toggle on the Assets page, disable the feature, refresh the page, and check the previously hidden tokens again.</span></div><div class="ace-line ace-line old-record-id-Tk0Zd05YLohduBxR2cCuX55Jsxf"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-L6LGdGOmlowKfCxRnuru4L2RsDf"><span style="font-size: 16px;">*BTN-<strong>Go to the Assets page</strong>&amp;BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/assets/spot">https://www.mexc.com/assets/spot</a>*</span></div><div class="ace-line ace-line old-record-id-QouUdSIhGoDWcIxOSEVupkyrsgd"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;61c3dd1a-3c19-4b73-921c-5f634aa1b6f7&quot;,&quot;height&quot;:1450,&quot;width&quot;:2936,&quot;currHeight&quot;:1450,&quot;currWidth&quot;:2936,&quot;natrualHeight&quot;:1450,&quot;natrualWidth&quot;:2936,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FOOSEbuEmYooGHdxQmT7ud1LssUb%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;OOSEbuEmYooGHdxQmT7ud1LssUb&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:499082,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-SLLadDZuWocYmRxfVm7uxGoAswg"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260417111714409g3ys8r7UgR00HF.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJPT1NFYnVFbVlvb0dIZHhRbVQ3dWQxTHNzVWIiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiU0xMYWREWnVXb2NZbVJ4ZlZtN3V4R29Bc3dnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9PT1NFYnVFbVlvb0dIZHhRbVQ3dWQxTHNzVWIvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/OOSEbuEmYooGHdxQmT7ud1LssUb/?mount_node_token=SLLadDZuWocYmRxfVm7uxGoAswg&amp;mount_point=docx_image" data-width="2936" data-height="1450" data-lark-image-uri="drivetoken://OOSEbuEmYooGHdxQmT7ud1LssUb" data-lark-image-width="2936" data-lark-image-height="1450" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-TyP3dGJ6VoBdvLxAXCduY7TnszI"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-BoT7dBXLToYjlnxnfyhuR9mFsme"><span style="font-size: 16px;">1.3 Token has been delisted or trading has been suspended</span></h3><div class="ace-line ace-line old-record-id-GPCFdddZ8ooCs0xcaJVuZi7DsEb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UhOqd3MyToOpx6x3kabuXLbesbc"><span style="font-size: 16px;"><strong>Reason:</strong> If a token you hold has been delisted by the platform, it may no longer appear in your spot account, but can still be viewed through <strong>Delisted</strong> on the <strong>Hide Small Balances</strong> or the <strong>Assets</strong> page.</span></div><div class="ace-line ace-line old-record-id-VEgldXhumomQvJxe74kuEGXhs47"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IFCgdAD5WojMX2xOUrcubzsXshe"><span style="font-size: 16px;"><strong>Troubleshooting Suggestions:</strong> Go to <strong>Assets</strong> → <strong>Spot</strong> → <strong>Hide Small Balances</strong> or search for the token name to confirm whether it has been moved to the non-trading zone due to delisting.</span></div><div class="ace-line ace-line old-record-id-UOtddD58Zopgz9x5jrluvA2csKc"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;ef2fd06b-54f2-4a09-afa0-9628fe83e5d3&quot;,&quot;height&quot;:1452,&quot;width&quot;:2938,&quot;currHeight&quot;:1452,&quot;currWidth&quot;:2938,&quot;natrualHeight&quot;:1452,&quot;natrualWidth&quot;:2938,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FK7QVbdVW6oZLsmxGeLsuCF4Zs6f%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;K7QVbdVW6oZLsmxGeLsuCF4Zs6f&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:539696,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-Up7bdDSaKoKbRIxCQxfu9yIZsHf"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260417111714343w2tsCAsYNprJlb.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJLN1FWYmRWVzZvWkxzbXhHZUxzdUNGNFpzNmYiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiVXA3YmREU2FLb0tiUkl4Q1F4ZnU5eUlac0hmIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9LN1FWYmRWVzZvWkxzbXhHZUxzdUNGNFpzNmYvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/K7QVbdVW6oZLsmxGeLsuCF4Zs6f/?mount_node_token=Up7bdDSaKoKbRIxCQxfu9yIZsHf&amp;mount_point=docx_image" data-width="2938" data-height="1452" data-lark-image-uri="drivetoken://K7QVbdVW6oZLsmxGeLsuCF4Zs6f" data-lark-image-width="2938" data-lark-image-height="1452" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-O8RXdxgayop4AMxliAQurOFMsab"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-XQpBdDomCoay22xkx6CuBNfLsHf"><span style="font-size: 16px;">1.4 Decline in token prices leads to a reduction in overall valuation</span></h3><div class="ace-line ace-line old-record-id-XhijdM6DooMRz5xsPzouYog1sef"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RcIEdG3hCo2qsdxwx35uxLK5seh"><span style="font-size: 16px;"><strong>Reason:</strong> Crypto asset prices are highly volatile. Even if your holdings remain unchanged, the total asset valuation denominated in fiat currency or stablecoins will decrease accordingly when market prices fall.</span></div><div class="ace-line ace-line old-record-id-PsYKdl7uIodAx5xAmtjuD9a9sAd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BlAfderPTowYBbxvoYauEs42sNg"><span style="font-size: 16px;"><strong>Troubleshooting Suggestion</strong>: Compare the holdings snapshot at a specific point in time with the current market value. This is not a loss of assets, but rather normal market price fluctuation.</span></div><div class="ace-line ace-line old-record-id-DOdJdPDf3o09BLxuGRluPdzwsSe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-FSNqd8QrToMgknxARlTukS2Ospb"><span style="font-size: 16px;">1.5 Transactions resulting in losses (including Spot and Futures)</span></h3><div class="ace-line ace-line old-record-id-Gul7dBCWCoy3SkxSc82ubwnTstg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Z5xDd4QFCopm1ax6ySMuENInswh"><span style="font-size: 16px;"><strong>Reason:</strong> Whether in Spot trading or Futures trading, when you sell an asset at a price lower than the purchase cost, or when a Futures position is forcibly liquidated or actively closed at a loss, the account equity will decrease directly.</span></div><div class="ace-line ace-line old-record-id-A5mbdXKW7oN1RTxcfFSuIvT8sxd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TNJfdY1mXo6Ud3x3tewuKO6Tsic"><strong style="font-size: 16px;">Troubleshooting Suggestions:</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-KXaHdiGsVo5R82xEd4Buc3E0sHf" data-list="bullet"><div><span style="font-size: 16px;">Check the Spot order history to see if there are any records of selling at a loss.</span></div></li><li class="ace-line ace-line old-record-id-SGuYdEmnGou4tSxlEAFuqhXUsAb" data-list="bullet"><div><span style="font-size: 16px;">Check the <strong>Realized </strong><strong>PNL</strong> and <strong>Closed Orders</strong> in the Futures account to confirm whether there were any forced liquidations or trading losses.</span></div></li></ul><div class="ace-line ace-line old-record-id-OdzzdyN0Co0Jy7xQHLYuF3x0sAS"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;85527211-4f89-40f7-924e-6c87e494c0df&quot;,&quot;height&quot;:576,&quot;width&quot;:2294,&quot;currHeight&quot;:576,&quot;currWidth&quot;:2294,&quot;natrualHeight&quot;:576,&quot;natrualWidth&quot;:2294,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FL5tibrOewobFQDxQsRLuI6gUsXg%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;L5tibrOewobFQDxQsRLuI6gUsXg&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:182674,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-JUPNdPYsYoyoeBxFg6iubMQrs2e"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260417111714186sC1fzqTESx7aQJ.png" data-single-block="true" data-snapshot="eyJ0eXBlIjoiaW1hZ2UiLCJwYXJlbnRfaWQiOiJESG1mZDVDZHBvYUNlc3hOWThwdXJZWE9zUWUiLCJjb21tZW50cyI6W10sInJldmlzaW9ucyI6W10sImxvY2tlZCI6ZmFsc2UsImhpZGRlbiI6ZmFsc2UsImF1dGhvciI6Ijc2MTEwODU4NzgwOTc2MTIyMTQiLCJhbGlnbiI6ImNlbnRlciIsImltYWdlIjp7InRva2VuIjoiTDV0aWJyT2V3b2JGUUR4UXNSTHVJNmdVc1hnIiwibWltZVR5cGUiOiJpbWFnZS9wbmciLCJzaXplIjoxODI2NzQsInNjYWxlIjoxLCJ3aWR0aCI6MjI5NCwiaGVpZ2h0Ijo1NzYsIm5hbWUiOiJpbWFnZS5wbmciLCJjcm9wIjpbMCwwLDAsMF0sInJvdGF0aW9uIjowLCJjYXB0aW9uIjp7InRleHQiOnsiYXBvb2wiOnsibmV4dE51bSI6MCwibnVtVG9BdHRyaWIiOm51bGx9LCJpbml0aWFsQXR0cmlidXRlZFRleHRzIjp7ImF0dHJpYnMiOm51bGwsInRleHQiOm51bGx9fX19LCJhcmVhX2NvbW1lbnRzIjp7fX0=" data-suite="eyJmaWxlVG9rZW4iOiJMNXRpYnJPZXdvYkZRRHhRc1JMdUk2Z1VzWGciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiSlVQTmRQWXNZb3lvZUJ4Rmc2aXViTVFyczJlIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9MNXRpYnJPZXdvYkZRRHhRc1JMdUk2Z1VzWGcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/L5tibrOewobFQDxQsRLuI6gUsXg/?mount_node_token=JUPNdPYsYoyoeBxFg6iubMQrs2e&amp;mount_point=docx_image" data-width="2294" data-height="576" data-lark-image-uri="drivetoken://L5tibrOewobFQDxQsRLuI6gUsXg" data-lark-image-width="2294" data-lark-image-height="576" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-I2E2dre1LounxQx8C0hul7xAsCb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-QrWYdLRYOoAEsBxXOv4utfplsNe"><span style="font-size: 16px;">1.6 A withdrawal was carried out</span></h3><div class="ace-line ace-line old-record-id-MjdIdmJrFov0pNxlKRPuHDzpsfh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LuFFdGDHfoHUaNxR1z0uyxtEsDg"><span style="font-size: 16px;"><strong>Reason:</strong> If you have previously withdrawn assets from the platform to an external wallet or another account, these assets will be deducted from your platform account balance. </span></div><div class="ace-line ace-line old-record-id-BMmXdNqs8o0dJhxx6FiuAfdxsrh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GtUWdFXsqopccQxRMEyua6VAskb"><span style="font-size: 16px;"><strong>Troubleshooting Suggestion:</strong> Go to <strong>Funding History</strong> → <strong>Withdrawal</strong>, verify the withdrawal time, address, and amount, and confirm whether the operation was intended.</span></div><div class="ace-line ace-line old-record-id-Kq7rdeztqokuy2xRmUdu0NQDs6c"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;6a133b94-a4f3-46f1-94bb-b3ed20f2b421&quot;,&quot;height&quot;:1210,&quot;width&quot;:2938,&quot;currHeight&quot;:1210,&quot;currWidth&quot;:2938,&quot;natrualHeight&quot;:1210,&quot;natrualWidth&quot;:2938,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FWNWCbtvRFomeNvxR7oWuPd5bsBe%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;WNWCbtvRFomeNvxR7oWuPd5bsBe&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:350250,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-NUYrdLNt6o9lwwxZ6ggu0CYOsRb"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260417111714770qHTJ9PCWEHG6EU.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJXTldDYnR2UkZvbWVOdnhSN29XdVBkNWJzQmUiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiTlVZcmRMTnQ2bzlsd3d4WjZnZ3UwQ1lPc1JiIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9XTldDYnR2UkZvbWVOdnhSN29XdVBkNWJzQmUvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/WNWCbtvRFomeNvxR7oWuPd5bsBe/?mount_node_token=NUYrdLNt6o9lwwxZ6ggu0CYOsRb&amp;mount_point=docx_image" data-width="2938" data-height="1210" data-lark-image-uri="drivetoken://WNWCbtvRFomeNvxR7oWuPd5bsBe" data-lark-image-width="2938" data-lark-image-height="1210" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-ITgFdQCVRoWeK9xTTEFuM5RQs9g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ARfTdGFJ8og22kx4wqPu1Lcrs5e"><span style="font-size: 16px;">If you are still unable to resolve the issue after following the steps above, please contact the MEXC customer service team for professional support.</span></div><div class="ace-line ace-line old-record-id-OmpOdFMJ4oxGLIxl216uWERYsgg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-REvMd8gCIo7G7qxoJh5uWCkRsIe"><strong>2. How to Comprehensively Analyze the Causes of Asset Changes</strong></h2><div class="ace-line ace-line old-record-id-NLPsdHzQ4oGo3Wxvdm5uxBIhsGb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-L72DdrwwZo3295xRVWFuzJQosIf"><span style="font-size: 16px;">MEXC provides professional PNL Analysis tools to help you accurately understand asset changes. You can access them through the following entry points:</span></div><div class="ace-line ace-line old-record-id-WshldKGmCoF4HcxIp8OukGrts3d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FqvodkXe6oT2rOxT0uouLhOzs5c"><span style="font-size: 16px;"><strong>Spot Profit &amp; Loss Analysis:</strong> View the total PNL, daily PNL, and each token PNL details for Spot trading.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-WUT5dxbHCocCGoxRhccusyfIsEf" data-list="bullet"><div><span style="font-size: 16px;"><strong>Web:</strong> MEXC <a data-lark-is-custom="true" href="https://www.mexc.com/">official website</a> → <strong>Wallets</strong> → <strong><a data-lark-is-custom="true" href="https://www.mexc.com/assets/spot">Spot</a></strong> → <strong>Today's PNL</strong> → <strong><a data-lark-is-custom="true" href="https://www.mexc.com/assets/analysis">Spot PNL Analysis</a></strong></span></div></li><li class="ace-line ace-line old-record-id-Fv9ndMTwcoCDn0x5BPmutov6swc" data-list="bullet"><div><span style="font-size: 16px;"><strong>App:</strong> MEXC App homepage → <strong>Wallets</strong> → <strong>Spot</strong> → <strong>Today's PNL</strong> → <strong>Spot PNL Analysis</strong></span></div></li></ul><div class="ace-line ace-line old-record-id-MZnfdv5DpotDeAx2hTHutBFisub"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;ac656360-40e3-4009-8efd-1f88037e50f7&quot;,&quot;height&quot;:2163,&quot;width&quot;:3129,&quot;currHeight&quot;:2163,&quot;currWidth&quot;:3129,&quot;natrualHeight&quot;:2163,&quot;natrualWidth&quot;:3129,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FHvRgbCKE5omd9Cx5bNYu8JjJsMc%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;HvRgbCKE5omd9Cx5bNYu8JjJsMc&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:1640548,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-RDiGdVEdIo0BORxOYI2uyBHPsAP"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260417111715838nCbjYFKgN8fFW3.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJIdlJnYkNLRTVvbWQ5Q3g1Yk5ZdThKakpzTWMiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiUkRpR2RWRWRJbzBCT1J4T1lJMnV5QkhQc0FQIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9IdlJnYkNLRTVvbWQ5Q3g1Yk5ZdThKakpzTWMvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/HvRgbCKE5omd9Cx5bNYu8JjJsMc/?mount_node_token=RDiGdVEdIo0BORxOYI2uyBHPsAP&amp;mount_point=docx_image" data-width="3129" data-height="2163" data-lark-image-uri="drivetoken://HvRgbCKE5omd9Cx5bNYu8JjJsMc" data-lark-image-width="3129" data-lark-image-height="2163" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-UMqvde2Ydo5GFlxAlcvuk8YwsVb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-HJuVdWvl7oQ0BZxgWtpu6z8Ws9d"><span style="font-size: 16px;"><strong>Futures Profit &amp; Loss Analysis: </strong>View detailed data of the Futures account, including total PNL, funding rate, realized/unrealized PNL, and more.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-Ts68dJy6qo2a2jx7EQcutYcWsdg" data-list="bullet"><div><span style="font-size: 16px;"><strong>Web:</strong> MEXC <a data-lark-is-custom="true" href="https://www.mexc.com/">official website</a> → <strong>Wallets</strong> → <strong><a data-lark-is-custom="true" href="https://www.mexc.com/assets/future">Futures</a></strong> → <strong>Today's PNL</strong> → <strong><a data-lark-is-custom="true" href="https://www.mexc.com/futures/analysis">Futures PNL Analysis</a></strong></span></div></li><li class="ace-line ace-line old-record-id-KDdldqRpboNGYKxUeSyuZUQ1sYg" data-list="bullet"><div><span style="font-size: 16px;"><strong>App: </strong>MEXC App homepage → <strong>Wallets</strong> → <strong>Futures</strong> → <strong>Today's PNL</strong> → <strong>Futures PNL Analysis</strong></span></div></li></ul><div class="ace-line ace-line old-record-id-Csvtdtqs7ooNEuxrkDeucdkYskb"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;3d3c875d-2d38-40de-9c5f-1c44d7f0131a&quot;,&quot;height&quot;:2166,&quot;width&quot;:3129,&quot;currHeight&quot;:2166,&quot;currWidth&quot;:3129,&quot;natrualHeight&quot;:2166,&quot;natrualWidth&quot;:3129,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FSYPUbmWZmoI0kdxwiPIujQJtsrb%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;SYPUbmWZmoI0kdxwiPIujQJtsrb&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:1641608,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-YnUBdv5unonBMIxDHfZujH7bsB5"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260417111714676CCppqSKKwTXWqf.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJTWVBVYm1XWm1vSTBrZHh3aVBJdWpRSnRzcmIiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiWW5VQmR2NXVub25CTUl4REhmWnVqSDdic0I1Iiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9TWVBVYm1XWm1vSTBrZHh3aVBJdWpRSnRzcmIvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/SYPUbmWZmoI0kdxwiPIujQJtsrb/?mount_node_token=YnUBdv5unonBMIxDHfZujH7bsB5&amp;mount_point=docx_image" data-width="3129" data-height="2166" data-lark-image-uri="drivetoken://SYPUbmWZmoI0kdxwiPIujQJtsrb" data-lark-image-width="3129" data-lark-image-height="2166" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-XqIodrYL4op0y9xqQ5DufY0FsXN"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XrhhdiAKColgQixAuGcuPxSZsPb"><strong style="font-size: 16px;">Recommended Reading:</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-FY7YdsxcgoDyCnx4ocTu1cOHsPg" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/support/article/mexc-spot-order-faq-338746501587991552" style="font-size: 16px;">MEXC Spot Order FAQ</a></div></li><li class="ace-line ace-line old-record-id-S2jgdC5lhoAgd6xnyRTudTdbste" data-list="bullet"><div><a href="https://www.mexc.com/support/article/mexc-0-fee-spot-trading-faq-264764306934491136" data-lark-is-custom="true" style="font-size: 16px;">MEXC 0-Fee Spot Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-P57MdDo88omKPuxnkgZus8YYsGe" data-list="bullet"><div><a href="https://www.mexc.com/support/article/beginner-s-guide-to-spot-trading-faq-332253318490269696" data-lark-is-custom="true" style="font-size: 16px;">Beginner's Guide to Spot Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-SqdudjsPLohceExPpMSupKrUsWb" data-list="bullet"><div><a href="https://www.mexc.com/support/article/prediction-markets-faq-337306347514028032" data-lark-is-custom="true" style="font-size: 16px;">Prediction Markets FAQ</a></div></li><li class="ace-line ace-line old-record-id-MJUNdv846owUjLxKkL7uui5mscd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/pre-market-trading-faq-17827791519271" data-lark-is-custom="true" style="font-size: 16px;">Pre-Market Trading FAQ</a></div></li></ul><div class="ace-line ace-line old-record-id-BeukdThz6oCdOixW4ihuT74Vscd"><br></div></div>lg...

<div data-page-id="ZrCwdj8EVoj5PWxdcsXuSXHcsrg" data-lark-html-role="root" data-docx-has-block-data="true"><div class="ace-line ace-line old-record-id-KXk4dvOdjoZ6xRxLmjAumThysfc"><span style="font-size: 16px;">When trading Spot on MEXC, you may encounter issues such as unfilled orders, failed trades, or fill prices that differ from what you expected. This article answers these common questions in detail to help you complete your trades more smoothly.</span></div><div class="ace-line ace-line old-record-id-F6f7d07LLo2So6xpPUPuc6F2sDh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DVVedWQaEofYwbxQ0KCued0lsxc"><span style="font-size: 16px;">*BTN-<strong>Go to Spot Trading</strong>&amp;BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/exchange/BTC_USDT">https://www.mexc.com/exchange/BTC_USDT</a>*</span></div><div class="ace-line ace-line old-record-id-CphpdKyAkoXgu1xPkfHu257fssL"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-JF3ZdUtR1oFENbxtbz9uyBe8sid"><strong>1. Why has my order still not been filled?</strong></h2><div class="ace-line ace-line old-record-id-OVOldHYonomuCrxFroyu472ss2e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-K3itdpIEJofYmixZSTVucEdmsMg"><span style="font-size: 16px;">If your order remains pending, it is usually due to one of the following reasons:</span></div><div class="ace-line ace-line old-record-id-T9MidTMhLowtLgxC7r1uOOjJsch"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EGfcdnZdAoGpunxiFTiucMaisFf"><span style="font-size: 16px;">1. Price deviation. Your limit price may be far from the current best bid or ask in the market. For example, if you set a lower buy price while the market price remains above that level, your order will stay open until the market reaches your price. </span></div><div class="ace-line ace-line old-record-id-ECE7drOGboc2GxxfSFeuM7ols78"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AN0RdUQk4oJhktxxQTwuBURls0b"><span style="font-size: 16px;">2. Insufficient liquidity. If you are trading a lower liquidity token, the trading pair may not have enough market depth to fulfill your order size. Even if the price briefly reaches your limit price, the order may still remain unfilled due to sharp market fluctuations or a lack of counterparties. </span></div><div class="ace-line ace-line old-record-id-IT3ndAROuoIVMVxac3luRCnOsQe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VoCjdvxjUoibHmxUmRHu9hnosre"><span style="font-size: 16px;">Please note that the order book follows the matching principle of price priority and time priority. There may already be other users' orders placed at the same or a better price before yours, and the system will match those orders first.</span></div><div class="ace-line ace-line old-record-id-GpScd35WYolMraxHy0Aupw6Tslf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OxbPdLFwwoRw0JxK2Uwu2q5MsgE"><span style="font-size: 16px;">To check why your order has not been filled, you can view your order price under <strong>Open Orders</strong> and confirm whether it is aligned with current market conditions. If you want to complete the trade faster, you can modify or cancel the current order and place a new one at a price closer to the market, or use a market order directly.</span></div><div class="ace-line ace-line old-record-id-QyFjdzRAyoSPV2xBDGKuoBrisve"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;c33ae756-ceb5-43d0-9f7a-529df8df5d5a&quot;,&quot;height&quot;:1448,&quot;width&quot;:2938,&quot;currHeight&quot;:1448,&quot;currWidth&quot;:2938,&quot;natrualHeight&quot;:1448,&quot;natrualWidth&quot;:2938,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FQRX7b5wKRoFPNGxUVPJubltssmg%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;QRX7b5wKRoFPNGxUVPJubltssmg&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:873968,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-W8LkdybFso8TuzxQ2xyuxLMxsfh"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260402101405928MX54w1fVtrp2UD.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJRUlg3YjV3S1JvRlBOR3hVVlBKdWJsdHNzbWciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiVzhMa2R5YkZzbzhUdXp4UTJ4eXV4TE14c2ZoIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9RUlg3YjV3S1JvRlBOR3hVVlBKdWJsdHNzbWcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/QRX7b5wKRoFPNGxUVPJubltssmg/?mount_node_token=W8LkdybFso8TuzxQ2xyuxLMxsfh&amp;mount_point=docx_image" data-width="2938" data-height="1448" data-lark-image-uri="drivetoken://QRX7b5wKRoFPNGxUVPJubltssmg" data-lark-image-width="2938" data-lark-image-height="1448" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-Rmkodf6ouozd2xxVyGbuDmqVsre"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-FMs8dcWo2oAbPIxtQCUuCMSzsNe"><strong>2. Why do I see "Trade failed" or "Insufficient balance" when placing an order?</strong></h2><div class="ace-line ace-line old-record-id-CoIbdF6h4oKKd2xn4DnuJCeesKe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-G57IdHPMKokQgfxlZR3ubWtHsCh"><span style="font-size: 16px;">If you see either of these messages, please check the following:</span></div><div class="ace-line ace-line old-record-id-JELWdo76moeF5Rxc1wdujwhOsWc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Lo1ndpvvkoZJiPxTlMjuJbtBsQT"><span style="font-size: 16px;">1. Make sure your funds have been transferred correctly. Your assets may still be in your Futures, Earn, or other accounts, and must be transferred to your Spot account before you can place a Spot trade. </span></div><div class="ace-line ace-line old-record-id-GRsndRctIoMOj2xE5iNuEffBsrH"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SeAUdqlfnokNcUx9Natujyyzsnd"><span style="font-size: 16px;">2. Check whether you have reserved enough for fees. Your account balance must be sufficient to cover both the purchase amount and the trading fee, otherwise the system may show an insufficient balance message. MEXC offers 0 fees on many trading pairs. You can visit the <a data-lark-is-custom="true" href="https://www.mexc.com/zero-fee">0 fees page</a> to view the currently supported pairs. </span></div><div class="ace-line ace-line old-record-id-T6r4dvGLkohUfuxeUltuadTHs4Y"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LWZvdaxbao9Vx9x3AGQu3qYZsFf"><span style="font-size: 16px;">*BTN-<strong>Go to 0 Fees</strong>&amp;BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/zero-fee">https://www.mexc.com/zero-fee</a>* </span></div><div class="ace-line ace-line old-record-id-TQ9ldb2o5ocpvaxoBSfufnwDsuR"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QOlddtFsHoLZ4Jx5vbauZppqstf"><span style="font-size: 16px;">3. Check whether any funds are frozen. If you have other pending limit orders, the corresponding assets may be frozen by the system, which reduces your available balance. You can cancel unnecessary orders under <strong>Open Orders</strong> to release the frozen funds. </span></div><div class="ace-line ace-line old-record-id-TdGzdwCpCoqRhzxP3hVufoArsth"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;e219c1c3-ddab-4338-a261-cf6a51cbf3d3&quot;,&quot;height&quot;:1442,&quot;width&quot;:2936,&quot;currHeight&quot;:1442,&quot;currWidth&quot;:2936,&quot;natrualHeight&quot;:1442,&quot;natrualWidth&quot;:2936,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FTazGbIJgQo2wcixyq4QuOdRsswh%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;TazGbIJgQo2wcixyq4QuOdRsswh&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:886275,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-Fe3ldezuko2w4ix32bPuHiKosWd"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260402101405188aecBKZ2RVGPIQU.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJUYXpHYklKZ1FvMndjaXh5cTRRdU9kUnNzd2giLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiRmUzbGRlenVrbzJ3NGl4MzJiUHVIaUtvc1dkIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9UYXpHYklKZ1FvMndjaXh5cTRRdU9kUnNzd2gvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/TazGbIJgQo2wcixyq4QuOdRsswh/?mount_node_token=Fe3ldezuko2w4ix32bPuHiKosWd&amp;mount_point=docx_image" data-width="2936" data-height="1442" data-lark-image-uri="drivetoken://TazGbIJgQo2wcixyq4QuOdRsswh" data-lark-image-width="2936" data-lark-image-height="1442" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-ZcDQdZHbGoMnU2xLT2Vu30mPsCh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-GlH5dBCKboT2lLx3FBfuQpP0szf"><strong>3. What is slippage? Why is the fill price different from what I expected?</strong></h2><div class="ace-line ace-line old-record-id-GLvJd8dO4o5zrTxZuHduKJlvsbe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-P2OUdCDHzo71oXxsfJyuR5Fwsgg"><span style="font-size: 16px;">Slippage refers to the difference between the price you see when placing an order and the actual fill price.</span></div><div class="ace-line ace-line old-record-id-X4EQdj0SdoQeTsxlA4humj5zsFe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Gj9gdsjLioeFlRx1CNLuEqtjsgg"><span style="font-size: 16px;">There are two main reasons why slippage occurs:</span></div><div class="ace-line ace-line old-record-id-AMMudxmRloYqwMxwL8tucpswsRc"><span style="font-size: 16px;">1. The market is moving rapidly, and the price changes between the moment you place the order and the moment it is executed. </span></div><div class="ace-line ace-line old-record-id-QVEUdlKhqoOFh6xKdSMuAEIqstg"><span style="font-size: 16px;">2. You use a market order to buy or sell a token with relatively low trading volume and shallower market depth, so the order must consume multiple price levels before it can be fully filled. </span></div><div class="ace-line ace-line old-record-id-SUbhd3h4uoNiGPxbl9puxibYstc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YCJFdwgIMoVEbnx2VuCuGwoGsPg"><span style="font-size: 16px;">To reduce the impact of slippage, please use limit orders during highly volatile market conditions so you can lock in your expected execution price.</span></div><div class="ace-line ace-line old-record-id-SRLadblYVodWCtxCWkDuxCx8sVc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-KVOTd1cIIodxNjxDzjMujoJvsee"><strong>4. Why can't I sell my entire holdings?</strong></h2><div class="ace-line ace-line old-record-id-OWQGdfyWKoQdGRxUxqhuYGE1sne"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QscVdxSbUo2AdRxFpvIuqMHfs8c"><span style="font-size: 16px;">Some users may find that when closing a position, a small amount of tokens remains in the account and cannot be sold. This is due to the Minimum quantity precision of the trading pair.</span></div><div class="ace-line ace-line old-record-id-S0xpd4bDaor4I8xtD7wu3JjBsRh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CNfNdyaRAol6TtxQYY2uz5gMsjd"><span style="font-size: 16px;">The system sets a minimum step size for each order to help maintain liquidity and order book depth for the pair. This mechanism effectively prevents the market from being crowded with too many tiny fragmented orders, helping most users get better fill prices and a more stable trading experience.</span></div><div class="ace-line ace-line old-record-id-HOw0dwmwaoNATlxK9fUuMztusmg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OgjUdA1OdoN1C7xArtFuOJLzsZc"><span style="font-size: 16px;">If you want to clear these unsellable small balances, you can use <strong>Convert small balances to MX</strong> to convert leftover tokens into MX and complete the cleanup.</span></div><div class="ace-line ace-line old-record-id-UeVkdgVpho2WvJxGz5duYFr7sAb"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{&quot;items&quot;:[{&quot;uuid&quot;:&quot;713a8ab5-f1e4-46ae-bd9f-739ecc0dbf94&quot;,&quot;height&quot;:626,&quot;width&quot;:1280,&quot;currHeight&quot;:626,&quot;currWidth&quot;:1280,&quot;natrualHeight&quot;:626,&quot;natrualWidth&quot;:1280,&quot;pluginName&quot;:&quot;imageUpload&quot;,&quot;scale&quot;:1,&quot;src&quot;:&quot;https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FXAe7bBRCpoxiZTx6Xumu33aHsUg%2F%3Fpreview_type%3D16&quot;,&quot;file_token&quot;:&quot;XAe7bBRCpoxiZTx6Xumu33aHsUg&quot;,&quot;image_type&quot;:&quot;image/png&quot;,&quot;size&quot;:239912,&quot;comments&quot;:[]}]}" class="image-uploaded gallery old-record-id-HJjfdZ8AYoP4tpxPjRfu6V6dsIg"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260402101404752Vrsw4tVbASlzN8.png" data-single-block="true" data-snapshot="eyJ0eXBlIjoiaW1hZ2UiLCJwYXJlbnRfaWQiOiJackN3ZGo4RVZvajVQV3hkY3NYdVNYSGNzcmciLCJjb21tZW50cyI6W10sInJldmlzaW9ucyI6W10sImxvY2tlZCI6ZmFsc2UsImhpZGRlbiI6ZmFsc2UsImF1dGhvciI6Ijc2MDMyMTcwNjc1MzMxNDM0NzYiLCJhbGlnbiI6ImNlbnRlciIsImltYWdlIjp7InRva2VuIjoiWEFlN2JCUkNwb3hpWlR4Nlh1bXUzM2FIc1VnIiwibWltZVR5cGUiOiJpbWFnZS9wbmciLCJzaXplIjoyMzk5MTIsInNjYWxlIjoxLCJ3aWR0aCI6MTI4MCwiaGVpZ2h0Ijo2MjYsIm5hbWUiOiJpbWFnZS5wbmciLCJjcm9wIjpbMCwwLDAsMF0sInJvdGF0aW9uIjowLCJjYXB0aW9uIjp7InRleHQiOnsiYXBvb2wiOnsibmV4dE51bSI6MCwibnVtVG9BdHRyaWIiOm51bGx9LCJpbml0aWFsQXR0cmlidXRlZFRleHRzIjp7ImF0dHJpYnMiOm51bGwsInRleHQiOm51bGx9fX19LCJhcmVhX2NvbW1lbnRzIjp7fX0=" data-suite="eyJmaWxlVG9rZW4iOiJYQWU3YkJSQ3BveGlaVHg2WHVtdTMzYUhzVWciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiSEpqZmRaOEFZb1A0dHB4UGpSZnU2VjZkc0lnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9YQWU3YkJSQ3BveGlaVHg2WHVtdTMzYUhzVWcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/XAe7bBRCpoxiZTx6Xumu33aHsUg/?mount_node_token=HJjfdZ8AYoP4tpxPjRfu6V6dsIg&amp;mount_point=docx_image" data-width="1280" data-height="626" data-lark-image-uri="drivetoken://XAe7bBRCpoxiZTx6Xumu33aHsUg" data-lark-image-width="1280" data-lark-image-height="626" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-Vtn0d3RqPoUhjcxCW8FuuntmsGg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-CX82dLcEoox7SDxUwVduGv2hsgd"><strong>5. Can I sell or withdraw the token immediately after buying it?</strong></h2><div class="ace-line ace-line old-record-id-Vj5mdGQwyoLVF7xqs0AudXiDsRg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JNUNdC8dfoiUVKxvalcuEEXMs0f"><span style="font-size: 16px;">Yes. Once the order is filled, the token will be credited to your Spot account immediately, and you can sell it at any time.</span></div><div class="ace-line ace-line old-record-id-Hp17dj1kpoMIQOxEx4WuOcbpsXf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ErMQdPavMor405xmrDMuydQIsuf"><span style="font-size: 16px;">As for withdrawals, although the token is credited instantly, the actual withdrawal process may still be affected by several factors, including the platform's withdrawal limit rules, blockchain network confirmation times, and security verification requirements such as 2FA. It is recommended to review the relevant rules in advance to ensure a smooth withdrawal.</span></div><div class="ace-line ace-line old-record-id-ZLuldTn4eoKwg8xzrQvuxx1pslg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-DQVbdjaZkopUvOxCB2Luaf7Gsmd"><strong>6. What should I do if I encounter a technical issue?</strong></h2><div class="ace-line ace-line old-record-id-GhAudtxkqoygGfxNlDpujpDIs1d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LZs2dJSZjoFzFqxvEiLuGGmTs8d"><span style="font-size: 16px;">If you encounter technical issues during trading, such as being unable to cancel an order or funds not being credited, please contact MEXC Customer Service for assistance as soon as possible.</span></div><div class="ace-line ace-line old-record-id-HZB2dH2WioAg6NxRR6Euxkkmsdf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-SGSKdp4r6oYhnWxRU0DutPMhsSc"><strong style="font-size: 16px;">Recommended Reading:</strong></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-Dw9PdEccAojWU0xqc9HudwqUsog" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/support/article/beginner-s-guide-to-spot-trading-faq-332253318490269696" style="font-size: 16px;">Beginner's Guide to Spot Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-KlWFda3vso9cuUxmLffuYnTosPf" data-list="bullet"><div><a href="https://www.mexc.com/support/article/mexc-0-fee-spot-trading-faq-264764306934491136" data-lark-is-custom="true" style="font-size: 16px;">MEXC 0-Fee Spot Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-BLm9dhivtoZbbcx5lzLu7Lvospe" data-list="bullet"><div><a href="https://www.mexc.com/support/article/common-withdrawal-issues-and-how-to-resolve-them-360020366031" data-lark-is-custom="true" style="font-size: 16px;">Common Withdrawal Issues and How to Resolve Them</a></div></li></ul><div class="ace-line ace-line old-record-id-JoaUdMvVXoXtGExr96WuhO0qsJd"><span style="font-size: 16px;"><br></span></div></div>lg...