Why trade on weekends with IG?
Discover unique opportunities. You won’t find 24/71 prices on indices with anyone else.
Don’t get left behind. React to breaking news over the weekend with alerts by text or email.
Trade on the go with our multi-award winning app2.
Weekend trading hours
You can trade our regular weekday markets from 10am on Monday (8am for forex) until 9am on Saturday morning (AU time). Our weekend market hours are*:
- 7pm Saturday to 9.40am Monday (AU time) for indices
- 7pm Saturday to 7:40am Monday (AU time) for GBP/USD
- 7pm Saturday until 9am Saturday (AU time) for cryptocurrencies and Crypto10 index
*Our weekend trading hours are based on UK hours, and are converted to AU time zones. This means that the times listed are affected by both UK and AU clock changes in the year, and will be adjusted by +/- 1 hour accordingly.
What is weekend trading?
Weekend trading gives you access to indices, cryptocurrency and forex markets on a Saturday and Sunday. So, if news breaks and you see an opportunity to trade, you won’t have to wait until markets open on Monday to trade.
Weekend prices for indices and forex are quoted separately to their weekday counterparts. We base prices on underlying market conditions such as volatility, as well as client activity and news flow.
Keep your weekend indices or FX positions open after Monday close, and they’ll rollover into regular weekday positions – with any stops or limits remaining in place.
Underlying crypto markets are open over a weekend, so you’ll be opening a position on our regular weekday markets. Your positions will continue to move over the weekend, and your stops and limits can still be triggered.
How to hedge with weekend trading
By trading on weekend markets, you can offset movements that might impact your weekday positions.
Suppose you’re long on our weekday Wall Street offering and intend to hold this position going into the weekend. Some negative news is anticipated on Saturday evening that you believe will cause Wall Street to fall in value. To offset your existing position, you open a short position on our Weekend Wall Street. If your prediction is correct, your short position would turn a profit and offset a proportion of the losses on your weekday Wall Street position.
If you still hold your weekend position when the market closes on Monday at 9.40am AU time, it will automatically net off against your existing weekday trade, unless it has a stop or limit attached. In which case, your trade would be rolled over into a weekday position with the same stops and limits attached. So you’d have both a long and a short trade when the weekday market re-opens.
1 24/7 means all week apart from ten hours from 10pm Friday to 8am Saturday (UK time), and 20 minutes just before the market opens on Sunday.
2 Guaranteed stops with IG are free and only incur a premium if they are triggered.
3 Number 1 in Australia by primary relationships, CFDs, Investment Trends December 2019 Leveraged Trading Report, FX, Investment Trends December 2018 Leveraged Trading Report.
4 If you have traditional weekday positions on the FTSE 100, Germany 30, Wall Street or HS50, the valuations of these positions will not change during weekend trading after IG closes on a Friday. Stops and limits on these weekday positions will not be processed during weekend trading and order to open positions and trailing stops will not be accepted.
5 Trade cryptocurrencies from 7pm Saturday through to 9am (AEDT). If you have a position open on one of these cryptocurrency markets, it will be affected by weekend trading. This additional trading period during the weekend means not only do you have longer to speculate on the price of different coins, but also any stops and limits you have open can be filled on the weekend.