Zainab Ilyas

· 23 Dec 2021

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What time the stock market open?

The New York Stock Exchange (NYSE) and the NASDAQ, which most Americans use, are both open Monday through Friday from 9:30 a.m. to 4:00 p.m. Eastern Standard Time. Other stock exchanges across the globe, such as the London Stock Exchange in the United Kingdom and the Tokyo Stock Exchange in Japan, operate according to local time zones and customs. You'll find information about the operating hours of stock exchanges all over the world listed below. Consider working with a financial advisor if you need assistance purchasing and selling stocks and expanding your portfolio.

Stock Market Hours in the U.S. & Canada

The New York Stock Exchange (NYSE) and the New York Stock Exchange (NASDAQ) are the two major American stock exchanges, both of which are based in New York City. They're both open from 9:30 a.m. to 4 p.m. EST Monday through Friday. New Year's Day, Martin Luther King Jr. Day, Presidents' Day, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving, and Christmas are among the federal holidays observed by both markets.

The Toronto Stock Exchange, commonly known as the TMX Group, is open from 9:30 a.m. to 4 p.m. EST. New Year's Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday, Labor Day, Thanksgiving, Christmas, and Boxing Day are among the ten holidays it observes each year. On Christmas Eve, the hours have been changed.

Stock Market Hours in Europe

Euronext, with its headquarters in Amsterdam, is open from 8 a.m. to 5:40 p.m. CET (CET). It is closed on New Year's Day, Good Friday, Easter Monday, Labor Day, Christmas, and Boxing Day six times a year. On Christmas Eve and New Year's Eve, the Euronext exchange has different hours.

The SIX Swiss Exchange, based in Zurich, is open Monday through Friday from 8:30 a.m. to 5:20 p.m. CET. New Year's Day, Good Friday, Easter Monday, Ascension Day, Whit Monday, Christmas Eve, Christmas, Boxing Day, and New Year's Eve are among the 12 holidays it is closed on each year.

The London Stock Exchange Group is open from 8:00 a.m. to 4:30 p.m. and is based in London. British Summer Time (BST) or Greenwich Mean Time (GMT) (BST). New Year's Day, Good Friday, Easter Monday, an early May bank holiday, a spring bank holiday, a summer bank holiday, Christmas, and Boxing Day are among the eight holidays it observes each year. On Christmas Eve and New Year's Eve, the exchange has different hours.

Stock Market Hours in Asia

Many Asian markets close for lunch, despite the fact that the NYSE, NASDAQ, and TMX Group exchanges do not. The Tokyo Stock Exchange, which is open from 9 a.m. to 11:30 a.m. and 12:30 p.m. to 3 p.m. Japan Standard Time, is one of them (JST). New Year's Day, market holidays on January 2 and 3, Coming of Age Day, National Foundation Day, Emperor's Birthday, Vernal Equinox, Showa Day, Constitution Memorial Day, Greenery Day, Children's Day, Marine Day, Mountain Day, Respect for the Aged Day, Autumnal Equinox, Sports Day, Labor Thanksgiving Day, and a market holiday on December 31 are among the 22 holidays observed by the Tokyo Stock Exchange each year.

The Shanghai Stock Exchange in Shanghai and the Shenzhen Stock Exchange in Shenzhen, China, are both open from 9:30 a.m. to 11:30 a.m. and 1 p.m. to 3 p.m. China Standard Time (CST). New Year's Day, five days for the Spring Festival in February, Qingming Festival, Labor Day, Dragon Boat Festival, two days for the Mid-Autumn Festival, and four days for National Days in October are among the 15 holidays observed by both.

The Hong Kong Stock Exchange is open from 9:30 a.m. to 12 p.m. and 1 p.m. to 4 p.m. Hong Kong Time (HKT). New Year's Day, three days for the Lunar New Year, Qingming Festival, Good Friday, Easter Monday, Labor Day, Dragon Boat Festival, Special Administration Region Establishment Day, three National Days, two days for Christmas and New Years Day are among the 17 holidays it observes each year.

The Bombay Stock Exchange, which is based in Mumbai, is open from 9:15 a.m. until 3:30 p.m. local time (IST). Republic Day, Mahashrivati, Holi, Dr. Baba Saheb Ambedkar Jayanti, Good Friday, Ram Navami, Id-Ul-Fitr, Bakri Id, Independence Day, Ganesh Chaturthi, Muharram, Mahatma Gandhi Jayanti, Dussehra, Diwali, Gurunanak Jayanti, and Christmas are among the 14 holidays it observes each year.


Stock Market Hours: Extended-Hours Trading?

During the hours before and after the stock market shuts, investors can trade equities. After-hours trading, as the name suggests, allows you to purchase or sell stocks after the market has closed. Pre-market trading, on the other hand, occurs in the hours leading up to the market opening. Extended-hours trading combines after-hours and pre-market trading.

While investors may trade stocks on weekday mornings and nights, they cannot do so on weekends. Only if it's on an international exchange that's already open in that time zone is there an exemption. The New York Stock Exchange, for example, provides after-hours trading from 7 a.m. to 9:30 a.m. and 4 p.m. to 8 p.m. Pre-market trading is available from 4 a.m. to 9:30 a.m., and after-hours trading is available from 4 p.m. to 8 p.m. on the NASDAQ.

After-hours trading may have different rules than regular trading hours, depending on the exchange. Furthermore, each brokerage business may have its own set of restrictions for trading after the market closes. Before engaging in after-hours trading, most brokerages need consumers to agree to the Electronic Communication Network, or ECN, user agreement. Customers are sometimes asked to speak with a representative about it so that they are aware of the dangers involved with after-hours trading, such as lower liquidity and more volatility. To execute limit orders, ECN electronically pairs buyers and sellers. After-hours orders are sometimes placed through a dealer at a lower price than the ECN's best offer. Any orders that aren't completed before the conclusion of extended hours are cancelled.

Pros and Cons of Extended-Hours Trading

For starters, after-hours trading allows you to trade at any time. To put it another way, you can trade whenever it is most convenient for you or in response to breaking news.

After the NYSE closes at 4 p.m. EST, many public businesses disclose their quarterly profits. As a result, once corporations reveal their earnings, investors may instantly execute a trade. Normally, investors would have to wait until the market reopened before investing. Every month on the first Friday at 8:30 a.m. EST, the US employment report is released. Rather of waiting until 9:30 a.m., an investor might make changes to their position as soon as the report is released.

Even if you place an order outside of business hours, there is no assurance that it will be fulfilled. The majority of transactions takes place during regular business hours. That implies that if you're selling stock, demand is higher during regular business hours. During normal business hours, there is more merchandise available for purchase. Furthermore, price volatility tends to be higher during after-hours trading, and your broker may impose trading restrictions. For example, if you're a beginner or unskilled investor, your brokerage account may not enable you to purchase highly volatile stocks.

However, one of the most significant drawbacks is that buying and selling outside of regular business hours may have a detrimental influence on your profits. For example, if you try to sell stock during extended hours, you may find that there aren't as many buyers interested in those shares, and you won't be able to receive the price you desire.

Bottom Line

Although stock market hours differ from country to country, after-hours trading provides you with plenty of convenience. It's particularly handy if you need to execute deals quickly while minimising risk.

If you need to place an order right away but don't care when time of day it goes through, a limit order can be a good option. You may pick the price you're comfortable purchasing or selling at using a limit order because time isn't an issue. It may be filled at any time when the pricing you choose is available.

There are several stock exchanges to select from. If you don't want to trade after hours, look for a stock market that trades at different times. You can also wait until normal business hours to trade.

Tips for Buying and Selling Stocks

If you're new to stock trading, you might want to seek the advice of a financial expert. It doesn't have to be difficult to find a skilled financial counsellor. SmartAsset's free tool matches you with up to three local financial advisers, and you may interview them for free to choose which one is best for you. Start looking for a financial adviser today if you're ready to attain your financial objectives.
You don't have to invest all of your money in the stock market. Before determining where to construct your portfolio, understand about different sorts of investments and how they function.

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