Trading days are from Monday to Friday, 9:00 a.m. to 3:00 p.m.
The different market phases during the trading day is as follows:
9:00 am Pre-Open
9:15 am Pre-Open / No-Cancel
9:30 am Market Opens – Continuous Trading
12:00 nn Market Recess
1:00 pm Market Resumes – Continuous Trading
2:45 pm Pre-Close / Auction
2:48 pm Pre-Close / No-Cancel
2:50 pm Run-off / Trading-at-last
3:00 pm Market Close
Pre-Open: Market participants can enter, modify, or cancel orders. No orders get matched during this period.
Pre-Open / No-cancel: Cancellations or modifications of orders are no longer allowed during this period.
Continuous Trading: Orders are immediately matched.
Pre-Close / Auction: A 5-minute period during which the closing price is determined based on the posted orders.
Pre-Close / No-Cancel: The last 2 minutes of the Pre-Close/Auction phase where cancellation or modification of orders is no longer accepted.
Run-off / Trading-at-last: Last 10 minutes of the market session where trades are accepted only at the closing price.