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Online Trading Conditions

Trading Hours / Contact Size / Pip Value / Leverage & Margin

Online Trading Conditions

Learn essential parts in trading
Before you place a trade

TRADING HOURS
International Stock Trading Trading hours
NASDAQ Nasdaq The NASDAQ Trading Sessions (Eastern Time, UTC -5) Monday through Friday
Pre-Market Hours from 04:00 a.m. to 09:30 a.m.
Market Hours from 09:30 a.m. to 04:00 p.m.
After-Market Hours from 04:00 p.m. to 08:00 p.m.
Quote and order-entry from 04:00 a.m. to 08:00 p.m.
NYSE New York Stock Exchange The NYSE Trading Session (Eastern Time, UTC -5) Monday through Friday
Pre-Opening Session: 06:30 a.m.
Early Trading Session: 07:00 a.m. to 09:30 a.m.
Core Trading Session: 09:30 a.m. to 04:00 p.m.
Late Trading Session: 04:00 p.m. to 08:00 p.m.
ARCA & MKT New York Stock Exchange MKT and Arca equities NYSE Arca Equities Trading Session (Eastern Time, UTC -5) Monday through Friday
Pre-Opening Session: 03:30 a.m.
Early Trading Session: 04:00 a.m. to 09:30 a.m.
Core Trading Session: 09:30 a.m. to 04:00 p.m.
Late Trading Session: 04:00 p.m. to 08:00 p.m.
OTC OTC Markets Operating Hours for OTC (Eastern Time, UTC -5) Monday through Friday 06:00 a.m. to 05:00 p.m.
TSE Toronto Stock Exchange Toronto Stock Exchange trading hours (Eastern Time, UTC -5) Monday through Friday 09:30 a.m. to 04:00 p.m.
Extended trading session from 04:15 to 5:00 p.m.
TSX TSX Venture Exchange TSX Venture Exchange trading hours (Eastern Time, UTC -5) Monday through Friday 09:30 a.m. to 04:00 p.m.
Extended trading session from 04:15 to 05:01 p.m.
HKEX Hong Kong Exchanges Hong Kong Exchanges Trading Session (UTC +8) Monday through Friday
Pre-Opening Session: 09:00 a.m. – 09:30 a.m.
Morning Session: 09:30 a.m. – 12:00 noon
Extended Morning Session: 12:00 noon – 01:00 p.m.
Afternoon Session: 1:00 p.m. – 04:00 p.m.
Closing Auction Session: 04:00 p.m. to a random closing between 04:08 p.m. and 04:10 p.m.
SGX-ST Singapore Exchange Singapore Exchange Opening Hours (UTC +8) Monday through Friday
Morning Session: 09:00 a.m. to 12:00 p.m.
Afternoon Session: 01:00 p.m. to 05:00 p.m.
ASX Australian Securities Exchange Australian Securities Exchange Trading Session (UTC +11) Monday through Friday
Pre-Open Session: 07:00 a.m. – 10:00 a.m.
Normal Trading Session: 10:00 a.m. – 04:00 p.m.
Pre-CSPA Session: 04:00p.m. – 04:10p.m.
Closing Single Price Auction Session: 04:10p.m. – 04:12p.m.
TYO Tokyo Stock Exchange Tokyo Stock Exchange Opening Hours (UTC +9) Monday through Friday
Morning Session: 09:00 a.m. – 11:30 a.m.
Afternoon Session: 12:30 p.m. to 03:00 p.m.
Euronext Euronext Amsterdam. Stock Exchange. Euronext Amsterdam. Stock Exchange Hours (GMT+01:00) Monday through Friday 09:00 a.m. to 05:40 p.m.
VIE Vienna Stock Exchange. Vienna Stock Exchange Hours (UTC+1 / Summer: UTC+2) Pre-Trading: 08:00 a.m. – 08:55 a.m.
Opening Auction: 08:55 a.m. – 09:00 a.m.
Continuous Trading: 09:00 a.m. – 12:00 p.m.
Intraday Auction: 12:00 p.m. – 12:03 p.m.
Continuous Trading: 12:03 p.m. – 05:30 pm
Closing Auction: 05:30 pm – 05:33 pm
Post-Trading: 05:33 pm – 05:45 pm
FWB Frankfurt Stock Exchange German Stock Exchange Opening Hours (UTC+01:00) Monday through Friday 08:00 a.m. to 08:00 p.m.
SWB Stuttgart Stock Exchange Stuttgart Stock Exchange Opening Hours (UTC+01:00) Monday through Friday 08:00 a.m. to 10:00 p.m.
ISE Irish Stock Exchange Irish Stock Exchange Opening Hours (UTC+00:00) Monday through Friday 08:00 a.m. to 04:30 p.m.
MIL Milan Stock Exchange Milan Stock Exchange Opening Hours (UTC+01:00) Monday through Friday 09:00 a.m. to 05:30 p.m.
OSL Oslo Stock Exchange Oslo Stock Exchange Opening Hours (UTC+01:00) Monday through Friday 09:00 a.m. to 05:30 p.m.
CSE NASDAQ OMX Copenhagen NASDAQ OMX Copenhagen Opening Hours (UTC+01:00) Monday through Friday 09:00 a.m. to 05:00 p.m.
BME Bolsa de Madrid Bolsa de Madrid Opening Hours (UTC+01:00) Monday through Friday 09:00 a.m. to 05:30 p.m.
OMX Stockholm Stock Exchange Stockholm Stock Exchange Opening Hours (UTC+01:00) Monday through Friday 09:00 a.m. to 05:30 p.m.
SIX Swiss Exchange Swiss Exchange Opening Hours (UTC+01:00) Monday through Friday 09:00 a.m. to 05:30 p.m.
LSE London Stock Exchange (UK Companies) London Stock Exchange Opening Hours (UTC+00:00) Monday through Friday 08:00 a.m. to 04:30 p.m.
LSIN London Stock Exchange (International Companies) London Stock Exchange Opening Hours (UTC+00:00) Monday through Friday 08:00 a.m. to 04:30 p.m.
Forex Trading Trading HoursOpens at 22:00 on Sunday and closes at 22:00 on Friday (UTC time)
Commodities Trading Trading HoursOpens at 22:00 on Sunday and closes at 21:45 on Friday (UTC time)
PRECIOUS METAL TRADING TRADING HOURSOpens at 22:00 on Sunday and closes at 22:00 on Friday (UTC time)
Cryptocurrency Trading Trading HoursOpens 24 hours for 7 days a week.

For trading hours for fixed income trading, please contact your sales trader for more information.

CONTRACT SIZE AND VALUE OF A PIP
products Contract Size(Value of 1 lot) Min. Trading Size(In Contract Size) Pip Price(The smallest price move) Value of a pip(Value of the smallest price move)
Forex 100,000 times value of a quoted currency pair. 0.01 0.00001
for US Dollar, Euro and other major pairs.

0.001
for Japanese Yen.

1
for US Dollar, Euro, Japanese Yen or other quoted currency.
Gold 100 Troy ounces of gold 0.01 0.01 US Dollar or Euro 1 US Dollar or Euro
Crude oil 1,000 Barrels of crude oil 0.01 0.01 US Dollar 10 US Dollar
Natural Gas 10,000 million British thermal units (mmBtu) of natural gas 0.01 0.001 US Dollar or British Pound 10 US Dollar or British Pound
Cryptocurrency 1 unit of cryptocurrency 1.00 0.01 US Dollar or quoted fiat pair 0.01 US Dollar or quoted fiat pair
LEVERAGE AND MARGIN
products Leverage Margin Call Stop Out
International Stocks Up to 1 to 3 100% 35%
Foreign Exchange Up to 1 to 500 100% 35%
Commodities Up to 1 to 500 100% 35%
Cryptocurrency Up to 1 to 500 100% 35%

For leverage and margin for fixed income trading, please contact your sales trader for more information.

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