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**In summary:**
The pre-opening session can be particularly useful for those who want to place orders that will be executed as soon as the market opens, or react to overnight developments from other international markets. The after-hours session may offer opportunities to trade at different prices based on market adjustments following the day's standard trading. These extended sessions may have different rules, such as different order types or limited trading volumes, that traders should consider when making their trading strategies. Furthermore, knowing the characteristics of these sessions allows investors to optimize their trading strategies, manage risk more effectively, and potentially take advantage of market opportunities that might not be available during regular trading hours. For example, during the pre-opening session, the prices of the shares are determined by the orders submitted and matched, giving an insight into the likely open prices. The after-hours session may be used by the investors to adjust or close their trading positions based on the after-market news or changes that occur.
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