When Does the Stock Market Open: Complete Guide to Global Exchanges in 2025

For those operating in international markets, understanding what time the stock market opens in different regions is absolutely essential. The operating hours of global exchanges directly influence trading volume, asset liquidity, and the levels of volatility you will encounter throughout the day.

Major Markets and Their Opening Hours

In a context of global financial integration, keeping track of when each exchange begins its operations allows you to take advantage of the best trading windows. It is important to note that Brazil is spread across multiple time zones, and several countries observe daylight saving time, which affects the conversion of hours. The information below uses Brasília time as a reference.

NYSE and NASDAQ (United States)

Location: New York
Local Time: 9:30 AM – 4:00 PM (EST)
Equivalent in BRT (without DST): 10:30 AM – 5:00 PM

LSE (United Kingdom)

Location: London
Local Time: 8:00 AM – 4:30 PM (GMT)
Equivalent in BRT (without DST): 5:00 AM – 1:30 PM

Euronext (Europe)

Location: Paris and Amsterdam
Local Time: 9:00 AM – 5:30 PM (CET)
Equivalent in BRT (without DST): 5:00 AM – 1:30 PM

Asian Exchanges - Shanghai and Shenzhen (China)

Location: China
Local Time: 9:30 AM – 3:00 PM (CST)
Equivalent in BRT (previous day): 10:30 PM* – 4:00 AM

TSE (Japan)

Location: Tokyo
Local Time: 9:00 AM – 3:00 PM (JST)
Equivalent in BRT (previous day): 9:00 PM* – 3:00 AM

B3 (Brazil)

Location: São Paulo
Local Time: 10:00 AM – 5:55 PM (BRT)

NSE and BSE (India)

Location: Mumbai
Local Time: 9:15 AM – 3:30 PM (IST)
Equivalent in BRT: 1:45 AM – 8:00 AM

Tadawul (Saudi Arabia)

Location: Riyadh
Local Time: 10:00 AM – 3:00 PM (AST)
Equivalent in BRT: 4:00 AM – 9:00 AM

Significant Changes in 2025

India has maintained IST (UTC+5h30) permanently since daylight saving time ended in 2024. Saudi Arabia adopted UTC+3 as a fixed time, aligning with Gulf markets and providing greater predictability for international investors.

Emerging markets gain prominence in 2025, highlighted by the Johannesburg Stock Exchange (South Africa), which operates from 9:00 AM to 5:00 PM (UTC+2), corresponding to 4:00 AM – 12:00 PM (BRT). Tadawul expanded its operating hours to attract more foreign participants.

Extended Sessions and Opportunities

The US offers pre-market trading from 4:00 AM to 9:30 AM (EST), or 6:00 AM to 11:30 AM (BRT), allowing traders to participate before the official opening. In Brazil, B3 extended its after-market trading until 7:00 PM to better synchronize with Asian markets.

Overlap Windows: Where the Highest Volume Concentrates

Periods when multiple exchanges operate simultaneously feature higher liquidity and volatility, creating significant opportunities:

US + Europe: 10:30 AM – 1:30 PM (BRT) marks the peak activity, with NYSE and LSE active in parallel.

Asia + Europe: 9:00 PM – 3:00 AM (BRT) consolidates operations of Tokyo and London in partial hours.

Brazil + US: 10:30 AM – 5:00 PM (BRT) indicates the highest intensity period on B3, favoring arbitrage strategies between markets.

Updated B3 Trading Hours in 2025

Starting March 10, 2025, the adjustments implemented by the Brazilian stock exchange include:

• Spot and Fractional Market: 10:00 – 4:55 PM
• Futures Market: 10:00 – 5:25 PM
• Options Market: 10:00 – 4:55 PM
• Ibovespa Futures and Mini-Index Contracts: 9:00 AM – 6:25 PM
• Dollar Futures and Mini-Currency Contracts: 9:00 AM – 6:30 PM

These changes synchronize B3’s operations with international calendars, facilitating asset trading flow and arbitrage strategies across markets.

Why Knowing When the Stock Market Opens Is Essential

Understanding what time the stock market opens in each region is crucial for the success of active trading strategies. Immediately after a market opens, volatility levels are high as the market adjusts to news and movements that occurred during the previous closing period.

For investors focused on the US market, knowing that NYSE opens at 9:30 AM (New York time) – equivalent to 10:30 AM in Brasília – allows precise planning of operations. This initial volatility offers lucrative opportunities but also increases associated risks.

Understanding these hours also enhances liquidity capture during overlap periods, increasing the likelihood of efficient order execution. For international traders, mastering time zones is the foundation for building diversified strategies and maximizing opportunities across different global markets.

Staying attentive to the operating hours of major exchanges is not just an administrative detail – it is a strategic element essential to optimizing your presence in the global financial markets.