TRADING HOURS

Stock Market Trading Hours
National Market, Collective Products Market, Second National Market
1st Session 09:30-12:30
Opening Session 09:30-09:50
    i) Subscription Period 09:30-09:45
    ii) Opening Price Determination 09:45(+)
Continuous Trading and Continuous Trading with Market Maker 09:50-12:30
Single Price Auction* 09:50-12:30
    i) Subscription Period 09:50-12:25
    ii) Single Price Determination 12:25(+)
 
2nd Session 14:00-17:30
Opening Session 14:00-14:20

    i) Subscription Period

    ii) Opening Price Determination

Continuous Trading and Continuous Trading with Market Maker

14:00-14:15

14:15(+)

14:20-17:30

Single Price Auction* 14:20-17:30
    i) Subscription Period 14:20-17:25
    ii) Single Price Determination 17:25(+)
   

Wholesale Market

Primary Market Transactions

 

10:30-12:00

Watchlist Companies Market (Begins with an opening session and continues with a single price auction)

14:00-17:30

 

(+): Points out that the time may change in accordance with the termination of the transactions.

(*): Securities of the Group C, some securities in the Collective Products Market and all the securities in the Watchlist Companies Market are only traded with the single price auction method.

Trading on the right coupons, official auctions and new equities are realised within the related market segment and within the same trading hours of that market segment. The right coupons are not traded during the opening session.

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