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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, Single Stock 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,...) and LIFFE (MATIF) 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
07.45 - 08.00.59 (*1)
08.01
08.01 - 22.00
STKF
Options MIBO
09.00-17.50
EUROPE
EuroTLX
Italian and foreign
securities
09.00-17.30
EUREX
Futures, indices/sectorial indices
01.00-01.15 (*4)
01.15-22.03 (*4)
Futures Bund, Buxl, Schatz, Bobl
01.00-01.15 (*4)
01.15-22.03 (*4)
Futures BTP, long/short and OAT future
07.30-08.00
08.00-19.03
MINI VSTOXX Future
07.30-08.50
08.50-22.03
MINI FDAX
01.00-01.15 (*4)
01.15-22.03 (*4)
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
LIFFE COMMODITIES (Matif)
Milling Wheat, Corn and Rapeseed futures
10.45-18.30
Cboe (ex BATS Europe)
European Blue chips
09.00-17.30
LMAX FOREX
Currency Pairs
from Sun 23.05 to Fri 23.00 (*8)
LMAX CRYPTOCURRENCIES
Trading continuous 7 days a week.
Directa's weekly closing: Friday (or pre-holiday) from 23:00 until 23:05 of the following Sunday.
No possibility to insert new orders.
All active orders will be revoked with the exception of ESMA stop losses
LMAX CFDs on indices
Germany 30
01.30-22.00
Spain 35
08.00-20.00
HongKong 50
winter time
02.15 - 19.45
summer time
03.15 - 20.45
All the others
00.00-23.00 (*8)
LMAX Commodities
Brent
02.00 - 23.00 (*9)
All the others
00.01 - 23.00 (*9)
US
NYSE
14.45-15.30
15.30-22.00
NASDAQ
14.45-15.30
14.30-15.30 (*10)
15.30-22.00
AMEX
14.45-15.30
15.30-22.00
OTC
14.45-15.30
15.30-22.00
CME
CME-FX
23.45-23.59
00.00-23.00
CME-CBOT
23.45-02.00
02.00-14.45 15.30-20.15

(* 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) Directa does not participate in the market's evening session (18:30 - 22:00) and ends the trading day before the trading day's official closure (at 18:30) to make possible the cancelling of all orders that are still active.
(* 8) 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.
(* 9) From Sunday night to evening of Friday.
(* 10) Only for access through the ECN.