Stats Global markets and exchanges Trading hours

Only London and New York overlap, from 14:30 to 16:30 GMT

ExchangeLocal hoursGMTBreak
Tokyo09:00 to 15:30 JST00:00 to 06:3060 to 90 min midday
Hong Kong09:30 to 16:00 HKT01:30 to 08:00midday pause
Shanghai09:30 to 15:00 CST01:30 to 07:00midday lunch break
Sydney10:00 to 16:00 AEDT23:00 to 05:00none
India, NSE and BSE09:15 to 15:30 IST03:45 to 10:00none
London08:00 to 16:30 GMT08:00 to 16:302 min at 12:00
Frankfurt, Xetra09:00 to 17:30 CET08:00 to 16:30none
NYSE and Nasdaq09:30 to 16:00 EST14:30 to 21:00none
Toronto09:30 to 16:00 EST14:30 to 21:00none

Source: CMC Markets. Frankfurt also runs extended floor hours from 08:00 to 20:00 CET beyond the Xetra session.

Equity exchanges run defined sessions staggered around the world by time zone. The only substantial overlap between two major regions is London and New York, two hours from 14:30 to 16:30 GMT. That window carries the heaviest global volume and the tightest spreads.

00:00 GMTTokyo opens
21:00 GMTNew York closes
14:30 to 16:30 GMTLondon, New York overlap
2 to 3 hours a dayNo major market open

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