Risks Due to the nature of extended trading meetings, trade may result in certain risks during extended opening periods than those that exist during standard trading periods. Example: Transactions are executed by comparing orders in Arca`s order book with other available orders at the price you indicate. Orders are made in the order book first by price (the best orders arrive first) and second after time (previous orders arrive at the same price level in the first place). There may be partial interventions. All orders placed for long hours during the trading session expire at the end of the session if they are not filled in whole or in part. There may be partial interventions. All orders placed during the premarket or afternoon session will expire in whole or in part at the end of the session if they are not completed. All unduring orders placed during the premarket and after the end of the day expire at the end of this session. You must re-enter expired orders during standard market periods if you want Fidelity to continue to execute trades.
Similarly, orders entered during standard market periods are not automatically placed in expanded trading meetings. IMPORTANT: Trading in Fidelity`s extended MEETING on the ECN is subject to fidelity`s terms and conditions and guidelines and may be amended without notice. By using the CEN`s business facility, you recognize your understanding of the risks and accept the conditions set out in them. If you do not agree with these conditions, you should not use the CEN business facility. An ECN is an electronic order-clearing system in which investors and other market participants can participate. You can place orders through the ECN during extended trading meetings. The ECN, in which Fidelity participates, is NYSE Archipelago (Arca). ..