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This document provides information on the application process, types, and requirements for extended trading permits under the Liquor Control Act 1988.
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How to fill out extended trading permits

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How to fill out Extended Trading Permits

01
Obtain the Extended Trading Permits application form from the relevant regulatory authority.
02
Carefully read the instructions provided with the application form.
03
Fill out the applicant's information, including name, address, and contact details.
04
Provide details of the business location and type of trading activity planned.
05
Specify the type of permit being requested and the reasons for the extended trading hours.
06
Include any supporting documentation such as a business plan or financial projections if required.
07
Pay the necessary application fee as required by the regulatory authority.
08
Review the completed application form for accuracy before submission.
09
Submit the application form and any additional documents to the appropriate regulatory body.

Who needs Extended Trading Permits?

01
Businesses looking to operate outside standard trading hours, such as supermarkets, convenience stores, or establishments offering late-night services.
02
Certain retailers who anticipate higher customer traffic during extended hours due to events or tourism.
03
Entities seeking to maximize revenue opportunities by extending their operational hours.
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Extended trading (or electronic trading hours) is trading conducted by electronic networks either before or after the trading day of a stock exchange, i.e., pre-market trading or after-hours trading. It tends to be limited in volume than regular trading hours when the exchange is open.
Trading during Extended Hours Trading Sessions (including the Pre-Market Session (Monday through Friday a.m. to a.m. ET), the After-Market Session (Monday through Friday p.m. to p.m. ET), and the Extended Hours Overnight Session (Sunday through Thursday p.m. to a.m. for certain ETFs), in
After-hours trading is open from 4-8 p.m. Eastern time (ET). Pre-market trading also is allowed, with opening hours that depend on the exchange. All pre-market trading ends at a.m. ET.
As we noted earlier, after-hours trading occurs through digital trading platforms like ECNs. During after-hours trading sessions, only limit orders are permitted. For a single order, the maximum quantity allowed for purchase is 25,000 shares. Not all stocks are available to trade after hours.

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Extended Trading Permits are special licenses issued to certain market participants allowing them to trade beyond normal trading hours to accommodate different trading strategies and market conditions.
Entities such as broker-dealers, investment firms, and other eligible market participants who wish to engage in extended hours trading are required to file Extended Trading Permits.
To fill out Extended Trading Permits, applicants must provide accurate information regarding their trading operations, including details about the entity, the nature of trading activities, and compliance with regulatory requirements.
The purpose of Extended Trading Permits is to facilitate trading outside regular market hours, providing opportunities for price discovery and liquidity, and catering to investors with varying trading needs.
Information that must be reported on Extended Trading Permits typically includes the entity's identification details, trading strategies, risk management practices, and adherence to applicable regulations.
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Relevant keywords

extended trading permit liquor licence short term permit ongoing permit trading hours licensee responsibilities public interest test application process security requirements liquor control regulations

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