What is the ‘NYSE Electronic Session’?
The reason that I ask is that I have just heard about it on Bloomberg and I do not know what is being referred to.
Is this session after the close of the NYSE? If so - then how does this impact on my open positions when my dealer closes?
In other words - let’s say I have some open positions on Gold for example. My dealer closes on Friday at the same time as the NYSE. I have Limit Orders to sell at a certain price. What if this ‘NYSE Electronic Session’ is after the close of the NYSE (the trading floor close I assume) and my dealer is closed and my Limits are hit during this ‘Electronic Session’?