Which Stock Market is Open 24/7?

The financial markets across the globe operate within specific time frames, usually aligning with the business hours of their respective regions. While the stock and commodities markets are typically open for a limited number of hours each day, the foreign exchange (forex) market stands out for its near-constant availability. This article explores the unique nature of forex trading hours and delves into the operational hours of various stock markets around the world, with a special mention of potential changes in trading times.

Which Stock Market is Open 24/7?


The forex market is unique in its 24-hour availability, five days a week. This continuous operation is made possible by the staggered and overlapping trading hours of exchanges in different time zones. The global forex market is decentralized and largely unregulated, allowing it to remain open continuously except on weekends.

The forex trading day starts in Sydney, Australia, at 9:00 PM UTC on Sunday and runs until 9:00 PM UTC on Friday, which is 5:00 PM in New York. The market is driven by trading sessions in four major regions: Australia (Sydney), Asia (Tokyo), Europe (London), and North America (New York). Each of these sessions has specific trading hours:

– Sydney: 9:00 PM to 6:00 AM UTC
– Tokyo: 11:00 PM to 8:00 AM UTC
– London: 7:00 AM to 4:00 PM UTC
– New York: 12:00 PM to 9:00 PM UTC

The most active trading periods occur when these sessions overlap, particularly between the London and New York sessions, from 12:00 PM to 4:00 PM UTC. This overlap is when the market experiences the highest liquidity and trading volumes.

Indian Forex Market Trading Hours

In India, the forex market is relatively small, contributing only 0.5% to the global forex turnover as per the BIS survey of April 2022. Despite being an OTC market globally, a significant portion of Indian rupee trade (12.9%) occurs in exchange-traded derivatives.

The trading hours for OTC currency trades in India, including forex derivatives, are from 9:00 AM IST to 3:30 PM IST. These hours were temporarily reduced to 10:00 AM IST to 2:00 PM IST during the COVID-19 pandemic but were later extended back to 9:00 AM IST to 3:30 PM IST in April 2022. The market hours for government securities, however, have reverted to the pre-pandemic schedule of 9:00 AM IST to 5:00 PM IST.

Stock Market Timings Across the Globe

Unlike the forex market, stock markets operate within specific hours corresponding to the business hours of their respective regions. Here are the trading hours for major stock exchanges around the world:

– New York Stock Exchange (NYSE): 9:30 AM to 4:00 PM EST
– Nasdaq: 9:30 AM to 4:00 PM EST
– London Stock Exchange (LSE): 8:00 AM to 4:30 PM GMT
– Tokyo Stock Exchange (TSE): 9:00 AM to 3:00 PM JST
– Shanghai Stock Exchange (SSE): 9:30 AM to 3:00 PM CST
– Hong Kong Stock Exchange (HKEX): 9:30 AM to 4:00 PM HKT
– Euronext (Paris, Amsterdam, etc.): 9:00 AM to 5:30 PM CET
– Australian Securities Exchange (ASX): 10:00 AM to 4:00 PM AEST
– National Stock Exchange of India (NSE): 9:15 AM to 3:30 PM IST

Potential 24/7 Trading for NYSE

Currently, there are some talks on the implementation of a trading schedule 24/7 to the New York Stock Exchange. This would be one of the greatest changes in the worldwide trading arena. Investors would have full opportunities to trade stocks whenever it is convenient. Although this change has not been brought, it shows a tendency towards increased markets accessibility and flexibility.

So finally which is the stock market which is open 24/7?

Due to the fact that the forex market is both decentralized and is served by two overlapping trading sessions in different parts of the world, it is the only closely related financial market that remains open to the public 24 hours a day, five days a week. Other similar markets such as stocks and commodities are only open for limited hours unlike trading hours. However, as discussions of lengthening trading periods for other markets such as the NYSE to a 24/7 schedule continue, business people should be aware of these times to formulate the perfect strategy and take advantage of trading opportunities.