Stock exchanges opening hours are the hours when they are open to the public and reflect the exchange’s geographic area. Stock market opening hours vary by region to encourage buyers and sellers’ greater concentration during these hours for participants in local and international markets. By having fixed hours for trading, exchanges ensure that liquidity is concentrated between the opening time and the closing time rather than orders being placed sporadically throughout the day, 24 hours a day.
If an order is placed outside of trading hours, it is usually added to a waiting list of orders until the market opens. If an investor places an order outside the trading hours, the order may experience a slippage effect between the time it is requested and the time it is executed. Slippage occurs because the price can move overnight and be different when the markets reopen.
Find out the opening and closing hours of the main stock exchanges worldwide from Europe to Australia and New Zealand.
Trading hours in North America
North America has two of the world’s largest stock exchanges: the New York Stock Exchange (NYSE) and the NASDAQ. They are open from 9:30 a.m. to 4 p.m. (2:30 p.m. to 9 p.m. GMT) Monday to Friday, non-stop.
NYSE and NASDAQ are available on extended hours, 4 p.m. to 8 p.m. local time (9 p.m. to 1 a.m. GMT). It means that orders can still be executed after the market closes through electronic communication networks that automatically connect buyers and sellers.
The other major stock exchange on the North American continent is in Toronto, Canada’s largest city. The Toronto Stock Exchange operates the same hours as the NYSE and NASDAQ and closes on statutory holidays. In Canada, these include Thanksgiving (second Monday in October), Remembrance Day (November 11), Boxing Day (December 26), and National Day (July 1).
Trading hours in Europe
The Euronext Stock Exchange is the largest in Europe and has offices in Paris, Amsterdam, Lisbon and many more. The opening and closing times of the Euronext exchanges are the same – 8 a.m. to 4.30 p.m. (GMT), Monday to Friday.
The London Stock Exchange (LSE) is another European stock exchange among the world’s most important and prestigious exchanges. The London Stock Exchange opens at 8 a.m. and closes at 4.30 p.m. UK time. The LSE closes during statutory holidays, including Good Friday (the date changes every year but it will be April 2 in 2021), May Day (first Monday in May) and Spring Bank Holiday (last Monday in May).
Trading hours in Asia
Classic trading days vary across Asian stock exchanges, but most follow their Western counterparts’ pattern and open Monday through Friday. The Shanghai, Hong Kong and Shenzhen Stock Exchanges all open at GMT +8, with Shanghai and Shenzhen, open from 1:30 a.m. to 7 a.m. (GMT). Meanwhile, the Tokyo Stock Exchange remains open one hour later, from 1:30 a.m. to 8 a.m. (GMT).
Trading hours in the Middle East
Trading hours in the Middle East vary by exchange. For example, the Saudi Stock Exchange, called Tadawul, opens from 10 a.m. to 3 p.m. (local time) Sunday through Thursday, or 7 a.m. to 12 p.m. GMT. In Saudi Arabia, the weekend is Friday and Saturday, which means that the Tadawul Stock Exchange is one of the few open exchanges on Sunday.
Trading hours in Oceania
The Australian Securities Exchange (ASX) is the largest stock exchange in Oceania. ASX trading hours are 10 a.m. to 4 p.m. local time Monday through Friday, or midnight to 6 a.m. GMT. Like most exchanges outside of Asia, ASX is open 24 hours a day.
New Zealand is another financial hub in Oceania, and its largest stock exchange – the New Zealand Stock Exchange (NZSX) – opens 10 a.m. to 4:45 p.m. local time, or 10 p.m. to 5 a.m. GMT, and the NZSX does not take a lunch break.