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Info and Market Times

Available Markets

Directa allows you to operate on the following markets and circuits:

  • in Italy
on MTA (equities) both during daytime trading hours and in the evening (TAH), on SEDEX (warrants and covered warrants), on MTF (ETF, OICR), on MOT (stocks and bonds) and on IDEM (Mibo options, FTSE MIB Futures)


  • in Europe
on EuroTLX (a selection of French and German government bonds, in addition to Italian securities also traded on MOT), on Eurex (Eurostoxx50 options, Dax Future, EuroStoxx50 Future, Euro Bund Future), on XETRA (DAX, MDAX, SDAX, TechDAX,...), on Cboe (European blue chips), on LMAX Exchange (Currency pairs, Commodities and Indices CFDs, Cryptocurrencies)


  • in United States
on NYSE, NASDAQ (with access via Market Maker or ECN), AMEX (including the main ETF), OTC and CME (E-mini Nasdaq 100, E-mini S&P 500, E-mini EuroFX, ...)


Market Hours (CET)

Country
Market
Preopening
Opening
Continuous Trading
Closure
Evening
ITALY
BORSA ITALIANA
MTA FTSE MIB
08.00 - 09.00.59 (*1)
09.01
09.01 - 17.30
17.30 - 17.35.59
(*1)
17.36 - 17.42
18.00 - 20.30
MTA others (*2)
Star
08.00 - 09.00.59 (*1)
09.01
09.01 - 17.30
17.30 - 17.35.59
17.36 - 17.42 (*1)
AIM
08.00 - 09.00.59 (*1)
09.01
09.01 - 17.30
17.35 - 17.35.59 (*1)
SEDEX
09.05 - 17.30
ETF (Plus)
09.00 - 17.30
17.30 - 17.35.59 (*1)
ETF Plus ATF OICR
09.00 - 10.55 (*3)
MIV
-Closed funds
-Investment Companies
-Real investment Companies
08.00 - 09.00.59 (*1)
09.01
09.01 - 17.30
17.30 - 17.35.59 (*1)
MOT
08.00 - 09.00.59 (*1)
09.01
09.01 - 17.30
17.30 - 17.35.59 (*1)
17.36 - 17.42
IDEM
FTSE MIB
Mini FTSE MIB
Micro FTSE MIB
07.45 - 08.00 (*1)
08.00
08.00 - 22.00
Options MIBO
09.00 - 18.00
EUROPE
EuroTLX
Italian and foreign
securities
09.00 - 17.30
EUREX
Futures, indices/sectorial indices
01.00 - 01.10 (*4)
Auction 01.10 - 01.15
01.15 (*4) - 22.03
Futures Bund, Buxl, Schatz, Bobl
01.00 - 01.10 (*4)
Auction 01.10 - 01.15
01.15 (*4) - 22.03
Futures BTP, long/short
07.30 - 08.00
08.00 - 19.03
OAT Future
01.00 - 01.10 (*4)
Auction 01.10 - 01.15
01.15 (*4) - 22.03
MINI VSTOXX Future
01.00 - 01.10 (*4)
Auction 01.10 - 01.15
01.15 - 22.03
MINI FDAX
01.00 - 01.10 (*4)
Auction 01.10 - 01.15
01.15 (*4) - 22.03
DJ EuroSTOXX50 options
08.50 - 17.30
XETRA
DAX, TecDAX (*5)
07.30 - 08.50
08.50 - 09.00
09.00 - 13.00
13.02 - 17.30
17.30 - 17.35
MDAX e SDAX (*5)
07.30 - 08.50
08.50 - 09.02
09.00 - 13.05
13.07 - 17.30
17.30 - 17.35
STOXX (*5)
07.30 - 08.50
08.50 - 09.04
09.00 - 13.10
13.12 - 17.30
17.30 - 17.35
Other STOXX (*5)
07.30 - 08.51
08.51 - 09.02
09.00 - 13.15
13.17 - 17.30
17.30 - 17.35
One Auction (*6)
07.30 - 13.25 13.30 - 20.30
Cboe (ex BATS Europe)
European Blue chips
09.00 - 17.30
LMAX FOREX
Currency Pairs
from Sun 23.05 to Fri 23.00 (*7)
LMAX CRYPTOCURRENCIES
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 5.00 pm
From Sunday to Friday, daily technical closure from 11.00 pm to 11.05 pm
LMAX CFDs on indices
Germany 30
winter time
23.00 - 22.00
summer time
24.00 - 23.00
Spain 35
08.00 - 20.00
HongKong 50
winter time
23.00 - 22.00
summer time
24.00 - 23.00
All the others
00.00 - 23.00 (*7)
LMAX Commodities
Brent
02.00 - 23.00 (*8)
All the others
00.01 - 23.00 (*8)
US
NYSE
14.45 - 15.30
15.30 - 22.00
NASDAQ
14.45 - 15.30
14.30 - 15.30 (*9)
15.30 - 22.00
AMEX
14.45 - 15.30
15.30 - 22.00
OTC
14.45 - 15.30
15.30 - 22.00
CME *(10)
CME-FX
23.45 - 23.59
00.00 - 23.00
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. The MTA closing time is followed by the "Trading at the closing auction price" phase (17:36 to 17:42), during which you can enter orders at market price or at auction closing price and obtain execution. This stage involves default orders at the auction closing price or at market price not executed in the normal phase of auction closing.
(*2) A very limited number of instruments (currently less than ten) 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) Intraday auction from 13.25 to 13.30.
(* 7) From Sunday evening to that of Friday - For the characteristics of the currency pairs including the New Zealand dollar and the ruble please click here.
(* 8) From Sunday night to evening of Friday.
(* 9) Only for access through the ECN.
(* 10) A stop of 15 minutes is set between 22:15 and 22:30 for Equity Index section.