This guide explains how global trading hours work, how the main trading sessions overlap, and what can cause opening times to change during the year.
Stock markets around the world don’t open and close at the same time. Trading hours vary by region, local business practices and time zones, which can influence when markets are most active and how price movements in one region may affect another.
Understanding global stock market trading hours can help investors and traders track international markets and interpret market movements as trading shifts from one region to the next.
Stock market trading hours are the times during which a stock exchange is open for buying and selling listed securities. Each exchange sets its own hours based on local working customs, regulatory requirements and time zones.
Most major stock exchanges operate Monday to Friday and close at weekends, although some markets follow different working weeks. Trading hours may also be temporarily adjusted due to public holidays or daylight saving time changes.
Ready to begin?
Start trading or investing with us today
Although every exchange sets its own schedule, global markets are often grouped into three broad trading sessions:
There are periods when these sessions overlap, particularly when European and US markets are open simultaneously. During these overlaps, more market participants may be active, which can coincide with increased trading activity in some markets.
Trading hours are set by individual exchanges and may change. Information is correct at the time of writing and subject to daylight saving adjustments, public holidays and exchange rules.
The table below shows the core continuous trading hours of major stock exchanges in local exchange time. UK time equivalents can shift throughout the year as countries move into or out of daylight saving time.
| Stock exchange | Core trading hours (local time) | Notes |
| New York Stock Exchange (NYSE) | 9.30am - 4.00pm (ET) | No lunch break |
| NASDAQ | 9.30am - 4.00pm (ET) | No lunch break |
| London Stock Exchange (LSE) | 8.00am - 4.30pm (UK time) | No lunch break |
| Euronext (Paris, Ampsterdam, Lisbon) | 9.00am - 5.30pm (CET/CEST) | Timetable can vary by venue/instrument |
| Tokyo Stock Exchange (JPX) | 9.00am - 11.30am, 13.20 - 3.30pm (JST) | Midday lunch break |
| Shanghi Stock Exchange | 9.30am - 11.30am, 1.00 - 3.00pm (CST) | Includes closing auction |
| Hong kong Stock Exchange | 9.30am - 12.00pm, 1.00pm - 4pm (HKT) | Closing auction follows |
| Toronto Stock Exchange | 9.30am - 4.00pm (ET) | No lunch break |
| Australian Securities Exchange (ASX) | 10.00am - 4.00pm (AEST) | Auction phases apply |
Exchanges may also operate opening and closing auction phases outside continuous trading hours
Trading hours differ mainly to concentrate liquidity during local business hours. By limiting trading to set periods, exchanges aim to bring buyers and sellers together at the same time, supporting more orderly price formation.
Time zone differences also mean that global markets open sequentially rather than simultaneously. As a result, news or price movements in one region can influence markets that open later in the day.
Stock exchanges set their trading hours in local time, not UK time. When countries move into or out of daylight saving time on different dates, the UK time equivalent of overseas market hours can temporarily shift.
For example, US markets may appear to open earlier or later from a UK perspective for several weeks each year, depending on when daylight saving changes take place in each country.
The New York Stock Exchange and NASDAQ both operate from 9.30am to 4.00pm Eastern Time, Monday to Friday, with no lunch break. Canadian markets, including the Toronto Stock Exchange, generally follow the same schedule.
US exchanges also support extended hours trading outside the main session via electronic trading systems. Liquidity may be lower during these periods than during regular trading hours.
European stock markets typically open earlier in the day than US markets. The London Stock Exchange trades from 8.00am to 4.30pm UK time, while Euronext exchanges operate on a unified timetable across multiple countries.
Most European exchanges do not pause for lunch, and trading hours are relatively consistent across the region.
Asian markets open while European and North American markets are closed. Several major exchanges in the region, including those in Japan, China and Hong Kong, observe a midday lunch break, temporarily halting continuous trading.
Asian exchanges generally close on local public holidays, which are announced in advance by each exchange.
Trading hours in the Middle East vary by exchange and often reflect local working weeks rather than the Monday-to-Friday model used in Europe and North America. Some exchanges operate Sunday to Thursday.
Most Middle Eastern exchanges do not pause for lunch during trading hours.
The Australian Securities Exchange operates from 10.00am to 4.00pm local time, Monday to Friday. New Zealand’s main exchange follows a similar weekday structure, with slightly extended closing times.
Orders placed outside an exchange’s trading hours are typically queued and may be executed when the market reopens, depending on the order type and platform rules. The execution price may differ from the price at the time the order was placed if market prices change while the exchange is closed.
Some providers also offer access to selected markets outside standard exchange hours. Trading conditions during these periods may differ from regular market hours.
We offer out-of-hours trading on selected shares, providing access beyond standard exchange opening hours. Availability, dealing hours and pricing depend on the product used and the underlying market.
Out-of-hours trading can involve lower liquidity and higher volatility. When using leveraged products such as spread bets or CFDs. Leverage magnifies both profits and losses so there's always the risk you could lose money.
Ready to start trading?
Do stock markets open at the same time everyday?
Most exchanges maintain consistent local trading hours on regular trading days, but the UK-time equivalent can vary throughout the year due to daylight saving time.
Why do overseas trading hours change from a UK perspective?
Because exchanges set hours in local time, while the UK and overseas markets do not always change clocks on the same dates.
Are most stock markets open on weekends?
Most major exchanges are closed at weekends, although some markets operate on different working weeks depending on local customs.
What happens if I place an order when the markets are closed?
In many cases, the order is held and may be executed when the market reopens, subject to the order type and market conditions at that time.
Is trading outside of normal hours riskier?
Trading conditions outside regular market hours can involve lower liquidity and higher volatility. These factors can affect pricing and execution.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.