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Angeline Khoo

Trading Hours

May 10, 20243 min read

Trading Hours

US Trading Hours

Pre-market and Post-market Trading Sessions

Pre-market:

  • Eastern Standard Time: 4:00-9:30

  • Daylight Saving Time: 16:00-21:30 (KL Time)

  • ​Winter Time: 17:00-22:30 (KL Time)

Post-market:

  • Eastern Standard Time: 16:00-20:00

  • Daylight Saving Time: 4:00-8:00 (KL Time)

  • ​Winter Time: 5:00-9:00 (KL Time)

Regular Trading Session

The regular trading session of US stocks is US Eastern Time (ET): Monday to Friday 9:30~16:00

US Daylight Saving Time (March-November): Kuala Lumpur Time 21:30~4:00

Winter time (November-March of the following year): Kuala Lumpur time 22:30~5:00

HK Trading Hours

Besides public holidays and market closures due to bad weather, the Hong Kong stock market generally trades from Monday to Friday, and the trading hours are as follows:

  • Pre-opening session: 9:00 am-9:30 am

  • Morning Session: 9:30 am-12:00 nn

  • ​Closing: 12:00 nn-1:00 pm

  • Afternoon Session: 1:00 pm-4:00 pm

  • Closing auction session: Start at 4:00pm, random closing between 4:08pm-4:10pm

*Half-day trading: Christmas, New Year and Lunar New Year's Eve

Trading Rules for Each Trading Session

Pre-opening session

  • Order entry session 9:00-9:15:
    You can submit, modify, and cancel at-auction orders and at-auction limit orders.

  • No-cancellation session 9:15 – 9:20:
    You can submit at-auction orders and at-auction limit orders but not modify and cancel orders.

  • Random Matching Session 9:20-9:22 (Order matching will start randomly at 9:20-9:22 according to the final Indicative Equilibrium Price):
    Matching orders submitted during the auction period.

  • ​Blocking Session, end of random order matching 9:30:
    At-auction order: The pending order will be cancelled by the system.
    At-auction limit order: If the input price range of the unfinished order does not deviate from the original order price by nine times or more, it will be converted into a limit order and automatically transferred to the continuous trading session

Continous Trading Session

(1) The continuous trading hours of the securities market are from 9:30 am to 12:00 noon and 1:00 pm to 4:00 pm on each trading day. During the continuous trading session, the trading system will match orders input into the system in price and time priority.

(2) During the continuous trading session, the order price input into the trading system (i) must not deviate nine times or more from the nominal price, if available, or is one-ninth or less of that price and (ii) must follow the quotation rules unless the restriction is waived. In addition, the maximum order size is 3,000 board lots.

Note: Order amendment is not allowed during the noon market break, and order cancellation is only allowed between 12:30-13:00.

 Closing Auction Session

  • Closing Auction Session 16:00-16:01:
    Calculate and publish the reference price. Orders cannot be submitted.

  • ​Order Input Session 16:01-16:06:
    At-auction orders and at-auction limit orders can be submitted, modified, and cancelled. The price limit of at-auction limit orders shall not exceed ±5% of the reference price.

  • No-Cancellation Session 16:06-16:08:
    At-auction orders and at-auction limit orders can be submitted but cannot be cancelled or modified. The input price of an at-auction limit order must be between the lowest selling price and the highest buying price.

  • ​Random Closing Session 16:08-16:10:
    During the random closing session, at-auction orders and at-auction limit orders can still be submitted but cannot be cancelled or changed. The input price of auction limit orders must be between the lowest selling price and the highest buying price.

M+ Top Remisier & Trader | Equity MY US HK

Angeline Khoo

M+ Top Remisier & Trader | Equity MY US HK

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Angeline Khoo, a Licensed Stock Broker, Investment Advisor, and Investment Representative with Malacca Securities Sdn. Bhd.

All information shared on this website, including market insights, educational materials, or opinions, is provided for general information and educational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities.

Investors are advised to make their own independent evaluation or consult a licensed financial adviser before making any investment decisions. Malacca Securities Sdn. Bhd. and Angeline Khoo shall not be held responsible for any loss or damage arising directly or indirectly from reliance on the information provided herein.


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