Info and Market Times
Last Update Dicember 4th 2024
Available Markets
Directa allows you to operate on the following markets and circuits:
- in Italy
- in Europe
- in United States
Market Hours (CET)
ITALY |
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Market |
Preopening |
Opening |
Continuous Trading |
Closure |
Evening |
BORSA |
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MTA Euronext Milan, FTSE MIB |
07.30 - 09.00.59 (*1) |
09.01 |
09.01 - 17.30 |
17.30 - 17.35.59 TAL (*1) 17.36 - 17.40 |
18.00 - 20.30 |
MTA Euronext Milan others (*2) BITGEM Euronext Star Milan |
07.30 - 09.00.59 (*1) |
09.01 |
09.01 - 17.30 |
17.30 - 17.35.59 TAL (*1) 17.36 - 17.40 |
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Euronext Growth Milan (EGM, ex AIM) |
07.30 - 09.00.59 (*1) |
09.01 |
09.01 - 17.30 |
17.30 - 17.35.59 TAL (*1) 17.36 - 17.40 |
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SEDEX |
7.30 - 7.59.59 7.30 - 9.04.59 depending on financial instruments |
09.05 - 17.30 08.00 - 20.30 08.00 - 22.00 depending on financial instruments |
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Cert-X Certificates |
7.30 - 9.04.59 |
09.05 - 17.30 |
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ETF Plus |
07.30 - 09.03.59 (*1) |
09.04 |
09.04 - 17.30 |
17.30 - 17.35.59 TAL (*1) 17.36 - 17.40 |
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ATFund OICR |
7:30 - 10:40 (10:40 cut-off time) |
10:40 - 11:10 Confirmation Phase (*3) |
11:10 - 15.00 (15:00 Execution Time) |
15:00 - 18:35 |
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Euronext MIV Milan -Closed funds -Investment Companies -Real investment Companies |
07.30 - 09.00.59 (*1) |
09.01 |
09.01 - 17.30 |
17.30 - 17.35.59 TAL (*1) 17.36 - 17.40 |
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MOT |
08.00 - 09.00.59 (*1) |
09.01 |
09.01 - 17.30 |
17.30 - 17.35.59 TAL (*1) 17.36 - 17.42 |
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IDEM |
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FTSE MIB Mini FTSE MIB Micro FTSE MIB |
07.30 - 08.00 (*1) |
08.00 |
08.00 - 22.00 |
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Options MIBO |
7:30 - 9:00:59 |
09.01 - 17.30 |
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EUROPA |
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Market |
Pre-opening |
Opening |
Continuous trading |
Closure |
EuroTLX |
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Italian and foreign securities |
09.00 - 17.30 |
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EUREX |
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Futures, indices/sectorial indices |
01.00 - 01.10 (*4) Auction 01.10 - 01.15 |
01.15 (*4) - 22.03 |
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Futures Bund, Buxl, Schatz, Bobl |
01.00 - 01.10 (*4) Auction 01.10 - 01.15 |
01.15 (*4) - 22.03 |
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Futures BTP, long/short |
07.30 - 08.00 |
08.00 - 19.03 |
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OAT Future |
01.00 - 01.10 (*4) Auction 01.10 - 01.15 |
01.15 (*4) - 22.03 |
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MINI VSTOXX Future |
01.00 - 01.10 (*4) Auction 01.10 - 01.15 |
01.15 - 22.03 |
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MINI FDAX |
01.00 - 01.10 (*4) Auction 01.10 - 01.15 |
01.15 (*4) - 22.03 |
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DJ EuroSTOXX50 options DAX 30 options |
08.50 - 17.30 |
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XETRA |
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DAX, TecDAX (*5) |
07.30 - 08.50 |
08.50 - 09.00 |
09.00 - 13.00 13.02 - 17.30 |
17.30 - 17.35 Trade at close (*6): 17.35 - 17.45 |
MDAX e SDAX (*5) |
07.30 - 08.50 |
08.50 - 09.02 |
09.00 - 13.05 13.07 - 17.30 |
17.30 - 17.35 Trade at close (*6): 17.35 - 17.45 |
STOXX (*5) |
07.30 - 08.50 |
08.50 - 09.04 |
09.00 - 13.10 13.12 - 17.30 |
17.30 - 17.35 Trade at close (*6): 17.35 - 17.45 |
Other STOXX (*5) |
07.30 - 08.51 |
08.51 - 09.02 |
09.00 - 13.15 13.17 - 17.30 |
17.30 - 17.35 Trade at close (*6): 17.35 - 17.45 |
One Auction (*7) |
07.30 - 13.25 13.30 - 20.30 |
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Cboe (ex BATS Europe) |
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European Blue chips |
09.00 - 17.30 |
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LMAX FOREX |
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Currency Pairs |
from Sun 23.05 to Fri 23.00 (*8) |
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LMAX CRYPTOCURRENCIES |
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Trading continuous 7 days a week. Directa weekly closing: from 3.30 am to 5.30 am every Saturday LMAX Exchange weekly closing: every Saturday from 11.00 am to 6.00 pm From Sunday to Friday, daily technical closure from 11.00 pm to 11.05 pm |
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LMAX CFDs on indices |
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Germany 30 |
winter time 23.00 - 22.00 summer time 24.00 - 23.00 |
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Spain 35 |
08.00 - 20.00 |
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HongKong 50 |
winter time 23.00 - 22.00 summer time 24.00 - 23.00 |
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Austalia 200 |
winter time 23.00 - 22.00 summer time 24.00 - 23.00 |
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All the others |
00.00 - 23.00 (*8) |
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LMAX Commodities |
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Brent |
02.00 - 23.00 (*9) |
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All the others |
00.01 - 23.00 (*9) |
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USA |
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Market |
Pre-market |
Continuous trading |
Post-market |
NYSE |
13.00 - 15.30 (*10) |
15.30 - 22.00 |
22.00 - 23.00 (*10) |
NASDAQ |
13.00 - 15.30 (*10) |
15.30 - 22.00 |
22.00 - 23.00 (*10) |
AMEX |
13.00 - 15.30 (*10) |
15.30 - 22.00 |
22.00 - 23.00 (*10) |
OTC |
14.45 - 15.30 |
15.30 - 22.00 |
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CME CME-FX |
23.45 - 23.59 |
00.00 - 23.00 |
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CME-CBOT |
23.45 - 02.00 |
02.00 - 14.45 15.30 - 20.20 |
(* 1) All pre-auction phases may end at a random second within the last minute of such phases. On markets where TAL (Trading At Last) is signaled, the evening close is followed by the TAL Phase (formerly CPX), from 5:36 p.m. to 5:40 p.m., during which orders can be entered at closing price and obtain execution. Closing price orders not executed in the normal closing auction phase participate in this phase by default.
(*2) A very limited number of instruments are negotiable only during the closing auction.
(* 3) At this time, you can enter and cancel orders at best. During the day, the Italian Stock Exchange will confirm orders, but Issuers may change the NAV's execution price to the next day; in the meantime the order will be kept in the negotiating position and from 10.55am will be made irrevocable.
(* 4)When summer time is in effect, the pre-opening is postponed by 1 hour, starting at 02.00 and ending at 02.15.
(* 5) In pre-opening, from 07:50 to 08:50, quotations are not available, however, you can still enter or cancel orders. At the opening, there is the auction with random end, lasting for a maximum of 30 seconds. And then the intraday auction, during which there are two interruption minutes of continuous trading after 13:00, with slightly different timing on different segments of the market, as shown in table.
(* 6) Xetra market, in this phase, accepts orders at best price or at a price equal to or better than the closing price. Executions will only occur at closing price.
(* 7) Intraday auction from 13.25 to 13.30.
(* 8) From Sunday evening to that of Friday - For the characteristics of the currency pairs including the New Zealand dollar click here.
(* 9) From Sunday night to evening of Friday.
(* 10) Only for access through ECN and only for securities listed on ECN circuits.