2025 US Stock Market Trading Hours Quick Reference Guide | Including Global Stock Market Opening and Closing Times

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As of March 9, 2025, the United States has entered daylight saving time. The regular trading hours for US stocks have been adjusted to 21:30 to 4:00 the next day Beijing time. The NYSE is also promoting a plan to extend trading hours on the NYSE Arca fully electronic exchange to 22 hours per trading day, which will take effect upon approval by relevant authorities.

Essential Information for Chinese Investors: US Stock Market Corresponding to Beijing Time

The biggest challenge in trading US stocks is the time difference. Due to the US switching between daylight saving time and standard time, while China remains unchanged year-round, Asian investors need to adjust their trading times seasonally.

Daylight Saving Time (Second Sunday in March to First Sunday in November)

• Regular Trading (9:30-16:00 Eastern Time) → 21:30-4:00 Beijing Time
• Pre-market Trading (4:00-9:30 Eastern Time) → 16:30-21:30 Beijing Time
• After-hours Trading (16:00-20:00 Eastern Time) → 4:00-8:00 Beijing Time

Standard Time (First Sunday in November to Second Sunday in March)

• Regular Trading (9:30-16:00 Eastern Time) → 22:30-5:00 Beijing Time
• Pre-market Trading (4:00-9:30 Eastern Time) → 17:00-22:30 Beijing Time
• After-hours Trading (16:00-20:00 Eastern Time) → 5:00-9:00 Beijing Time

Detailed Explanation of US Stock Trading System

The US stock market consists of several independently operated securities exchanges, mainly including the New York Stock Exchange, NASDAQ, and the American Stock Exchange. Although each operates independently, most trading hours are synchronized.

Basic Points of US Stock Trading

Trading Rules Overview

• Underlying assets: priced in USD
• Trading units: starting from 1 share
• Settlement cycle: T+3 (settlement on the third business day after trade)
• Fees: approximately 1% for manual trading, 0.5%-1% for electronic trading

US Stock Market Holidays Schedule for 2025

US securities exchanges are closed or close early on statutory holidays. Investors should plan their trading strategies in advance to avoid unexpected losses.

In-depth Overview of the Three Major US Stock Exchanges

New York Stock Exchange (NYSE)

On May 17, 1792, 24 brokers and merchants signed the “Buttonwood Agreement” at 68 Wall Street, establishing the foundation of modern securities trading, which later evolved into the NYSE. As the world’s largest stock exchange, NYSE ranks first globally by total market capitalization of listed securities. Although electronic trading has become mainstream, on-floor trading still plays an important role in setting stock prices and handling large institutional trades.

NASDAQ Stock Market (NASDAQ)

NASDAQ is the second-largest securities exchange in the world and the first fully electronic securities market. Investors do not need to go to a trading hall; they can trade directly via phone or the internet. NASDAQ-listed companies are mainly high-tech firms, such as Microsoft, Apple, and other tech giants, which is a core reason why tech stock investors focus on it.

American Stock Exchange (AMEX)

The American Stock Exchange ranks as the third-largest trading market in the US, with a trading model similar to NYSE. Its特色在于以中小盘股票交易为主，同时也是唯一能同时进行股票、期货和衍生品交易的交易所。

Major Global Stock Market Opening and Closing Times (Beijing Time)

Besides US stocks, investors can also pay attention to other major global stock markets. The table below lists the trading hours and corresponding Beijing times for key exchanges.