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carltonp

Trading Hours for Mini-Dow and E-mini

By carltonp, in Beginners Forum

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carltonp    10

carltonp
Posted

Hello Traders,

 

I'm based in London, and I wonder if someone could tell me the exact trading hours for the mini-Dow and the E-mini S&P 500?

 

I accept they both trade virtually 24 hours, but I would like to someone to clearly set out the exact times they are available for electronic trading.

 

I visited http://www.cmegroup.com/trading_hours and I still can't get a definitive time.

 

For the mini-dow I understand that they're available for trading 8:15 p.m. - 4:00 p.m. Sun - Fri. Well that's not exactly 24Hours.

 

It's also said that the e-mini s&p 500 trades virtually 24hours, but I think it actually trades 23:25 hours.

 

I would like someone to kindly tell me the exact time(s).?

 

I also read that one either the mini-dow or emini 500 closes for 15mins of the day. I wonder if someone could tell when that actually is?

 

Thanks in advance for your comments

 

Cheers

 

Carlton

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Tams    20

Tams
Posted
Hello Traders,

 

I'm based in London, and I wonder if someone could tell me the exact trading hours for the mini-Dow and the E-mini S&P 500?

 

I accept they both trade virtually 24 hours, but I would like to someone to clearly set out the exact times they are available for electronic trading.

 

I visited Trading Hours and I still can't get a definitive time.

 

For the mini-dow I understand that they're available for trading 8:15 p.m. - 4:00 p.m. Sun - Fri. Well that's not exactly 24Hours.

 

It's also said that the e-mini s&p 500 trades virtually 24hours, but I think it actually trades 23:25 hours.

 

I would like someone to kindly tell me the exact time(s).?

 

I also read that one either the mini-dow or emini 500 closes for 15mins of the day. I wonder if someone could tell when that actually is?

 

Thanks in advance for your comments

 

Cheers

 

Carlton

 

 

try this page:

 

E-mini S&P 500

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carltonp    10

carltonp
Posted

Hi Tams,

 

That's great mate. I've tried finding similar information on that site for the min-Dow, but without much luck.

 

Can you point me in the direction where I can find information for the min-Dow ?

 

Cheers

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Tams    20

Tams
Posted
Hi Tams,

 

That's great mate. I've tried finding similar information on that site for the min-Dow, but without much luck.

 

Can you point me in the direction where I can find information for the min-Dow ?

 

Cheers

 

what pages have you checked?

 

Cheers

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Cagineer    10

Cagineer
Posted

HOURS FOR For the ES e-mini S&P500 futures market (all hours are quoted in Central time, where the CME has its headquarters):

Pit or "day sessions" are from 9:30 AM to 4:00 PM (Cash close) but trades til 4:15 PM for heavily endowed margin accounts . (For international traders be aware that North America generally changes hours twice yearly: spring and fall to "save daylight" hours.)

 

Pit closes as 4:15 PM and Globex opens 15 minutes later. The ES E-mini S&P500 closes for only 15 minutes each day during the regular business week.

4:30 PM Globex opens and remains open seamless into pit the following day until 4:15 PM Monday-Friday.

 

Holding orders between pit and Globex is very dangerous for me. If I do so margins are extraordinarily high. I believe it's 5x the margins of regular pit trading. However, if I close my position prior to pit close and re-enter the same position at Globex open my margins remain at regular pit session margins. There is no extra penalty going from Globex to pit at pit opening, however. This may be a condition of only my broker, ie not a general rule? I am not certain of that. Verify with YOUR broker.

 

I would add that trading Globex is extremely slow because of the low volume and could be potentially dangerous if you are unable to get out of a position fast enough.

 

Hope this has helped. Happy Trading!

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Tams    20

Tams
Posted
HOURS FOR For the ES e-mini S&P500 futures market (all hours are quoted in Central time, where the CME has its headquarters):

Pit or "day sessions" are from 9:30 AM to 4:00 PM (Cash close) but trades til 4:15 PM for heavily endowed margin accounts . (For international traders be aware that North America generally changes hours twice yearly: spring and fall to "save daylight" hours.)

 

Pit closes as 4:15 PM and Globex opens 15 minutes later. The ES E-mini S&P500 closes for only 15 minutes each day during the regular business week.

4:30 PM Globex opens and remains open seamless into pit the following day until 4:15 PM Monday-Friday.

 

Holding orders between pit and Globex is very dangerous for me. If I do so margins are extraordinarily high. I believe it's 5x the margins of regular pit trading. However, if I close my position prior to pit close and re-enter the same position at Globex open my margins remain at regular pit session margins. There is no extra penalty going from Globex to pit at pit opening, however. This may be a condition of only my broker, ie not a general rule? I am not certain of that. Verify with YOUR broker.

 

I would add that trading Globex is extremely slow because of the low volume and could be potentially dangerous if you are unable to get out of a position fast enough.

 

Hope this has helped. Happy Trading!

 

I would like to smoke whatever you are smoking LOL

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jzw    10

jzw
Posted
Holding orders between pit and Globex is very dangerous for me. If I do so margins are extraordinarily high.

 

what?? overnight margins are like 5K / ES contract. How is that extraordinarily high?

 

Also overnight liquidity is less but unless you are trying to dump a 1000+ contracts there is no problem.

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