Valid from December 29, 2014

Equities, subscription rights, funds

Trading Regime Continuous Trading

Pretrading (order collection) 8:00 a.m. – 8:50 a.m.
Opening Auction - theoretical results visib8:50 a.m. – 9:00 a.m.
Continuous phase - market making 9:00 a.m. – 4:20 p.m.
Closing auction 4:20 a.m. – 4:30 p.m.
Continual PX index calculation9:00 a.m. – 4:30 p.m.
Posttrading (order collection for the next day) 4:30 p.m. – 5:00 p.m.
Publication of the prices list (price quotations) 5:15 p.m.
Downloading of closing results 5:15 p.m. – 8:00 p.m.

Trading Regime Single Auction

Pretrading (order collection)8:00 a.m. – 11:10 a.m.
Auction 11:10 a.m. – 4:15 p.m.
Posttrading (order collection for the next day)4:20 p.m. – 5:00 p.m.
Publication of the prices list (price quotations) 5:15 p.m.
Downloading of closing results 5:15 p.m. – 8:00 p.m.

Debt Securities

Trading Regime Continuous Trading

Pretrading (order collection) – Corporate sector bonds8:00 a.m. – 11:10 a.m.
Opening auction – Corporate sector bonds11:10 a.m. – 12:00 p.m.
Continuous phase - Market making – Corporate sector bonds12:00 p.m.– 4:10 p.m.
Closing auction - Corporate sector bonds 4:10 p.m. – 4:15 p.m.
Posttrading (order collection for the next day)4:20 p.m. – 5:00 p.m.
Publication of the prices list (price quotations) 5:15 p.m.
Downloading of closing results 5:15 p.m. – 8:00 p.m.

Trading Regime Single Auction

Pretrading (order collection) - Public sector bonds 8:00 a.m. – 11:00 a.m.
Pretrading (order collection) - Corporate sector bonds 8:00 a.m. – 11:10 a.m.
Pretrading (order collection) - Financial sector bonds 8:00 a.m. – 11:20 a.m.
Pretrading (order collection) - Other debt securities 8:00 a.m. – 11:30 a.m.
Pretrading (order collection) – MTF bonds 8:00 a.m. – 11:30 a.m.
Pretrading (order collection) – MTF Other debt securities 8:00 a.m. – 11:30 a.m.
Auction - Public sector bonds 11:00 a.m. – 4:10 p.m.
Auction - Corporate sector bonds 11:10 a.m. – 4:15 p.m.
Auction - Financial sector bonds 11:20 a.m. – 4:05 p.m.
Auction - Other debt securities 11:30 a.m. – 4:00 p.m.
Auction – MTF bonds 11:30 a.m. – 4:00 p.m.
Auction – MTF Other debt securities 11:30 a.m. – 4:00 p.m.
Posttrading (order collection for the next day) 4:20 p.m. – 5:00 p.m.
Publication of the prices list (price quotations) 5:15 p.m.
Downloading of closing results 5:15 p.m. – 8:00 p.m.

Structured products, ETFs

Trading Regime Continuous Auction

Pretrading (order collection)8:00 a.m. – 9:15 a.m.
Continuous auction - support of Liquidity providers9:15 a.m. – 4:30 p.m.
Posttrading (order collection for the next day) 4:30 p.m. – 5:00 p.m.
Publication of the prices list (price quotations) 5:15 p.m.
Downloading of closing results 5:15 p.m. – 8:00 p.m.

The end of particular trading phases is approximate only.  The exact time might be influenced by randomization and possible prolongation of trading due to vola interuption.

Trading Hours in Detail

Downloads:

Trading Hours in Detail (PDF)