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BizTerm Definition
After Hours Best Ask
Full Definition
The price at which someone who owns a security offers to sell a Nasdaq security during the current day?s after hours market; also known as the asked price. Investors may trade in the After Hours Market (4:00-6:30 p.m. ET). Participation by Market Makers and ECNs is strictly voluntary and as a result, this session may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment. Investors who anticipate trading during these times are strongly advised to use limit orders. NASD Rule 3350 (the Short Sale Rule) will initially not apply during 4:00 p.m. to 6:30 p.m. ET.