Important Update: The United States switched to Standard Time at 2:00 AM on November 2, 2025. The regular trading hours are adjusted to 22:30 to 5:00 the next day (Taiwan local time).
1. Basic Knowledge of the U.S. Stock Market
The U.S. stock market consists of several independently operated securities exchanges, among which the New York Stock Exchange, NASDAQ, and the American Stock Exchange are the most important. Although each exchange operates independently, their opening and closing times are generally synchronized.
Basic Rules for U.S. Stock Trading
Trading Rules
Details
Regular Trading
Monday to Friday 9:30-16:00 (Eastern Time)
Pre-market Trading
Monday to Friday 4:00-9:30 (Eastern Time)
After-hours Trading
Monday to Friday 16:00-20:00 (Eastern Time)
Main Exchanges
NYSE, NASDAQ, AMEX
Pricing Currency
USD (U.S. Dollar)
Trading Units
1 share
Settlement Cycle
T+3
Fees
Manual 1%; Electronic 0.5%-1%
2. Time Conversion for Taiwanese Investors
Since the U.S. observes Daylight Saving Time and Standard Time, while Taiwan maintains a consistent time year-round, Taiwan investors must pay special attention to these time changes to avoid missing trading opportunities.
Time Change Points
Daylight Saving Time: Starts at 2:00 AM on the second Sunday in March, clocks move forward 1 hour
Standard Time: Starts at 2:00 AM on the first Sunday in November, clocks move back 1 hour
Special Note: Different states may have different regulations, but New York Stock Exchange follows federal time
Corresponding Taiwan Local Time for U.S. Stock Market Opening Hours
U.S. Trading Hours
Taiwan Time (Daylight Saving)
Taiwan Time (Standard)
9:30~16:00 (Regular)
21:30~4:00
22:30~5:00
4:00~9:30 (Pre-market)
16:30~21:30
17:00~22:30
16:00~20:00 (After-hours)
4:00~8:00
5:00~9:00
Time Difference Reminder: After switching from Standard to Daylight Saving Time, the market opening time in Taiwan shifts forward by 1 hour; the reverse causes a 1-hour delay.
3. U.S. Stock Market Holidays and Early Close Dates for 2025 and 2026
Investors should plan ahead for market holidays to avoid unexpected losses due to market suspensions.
U.S. Market Holidays and Early Close Dates in 2025
Date
Holiday
Notes
Jan 1
New Year’s Day
Closed all day
Jan 20
Martin Luther King Jr. Day
Closed all day
Feb 17
Washington’s Birthday
Closed all day
Apr 18
Good Friday
Closed all day
May 26
Memorial Day
Closed all day
Jun 19
Independence Day
Closed all day
Jul 3
Day before Independence Day
Closes 3 hours early
Jul 4
Independence Day
Closed all day
Sep 1
Labor Day
Closed all day
Nov 27
Thanksgiving Day
Closed all day
Nov 28
Day after Thanksgiving
Closes 3 hours early
Dec 24
Christmas Eve
Closes 3 hours early
Dec 25
Christmas Day
Closed all day
U.S. Market Holidays and Early Close Dates in 2026
Date
Holiday
Notes
Jan 1
New Year’s Day
Closed all day
Jan 19
Martin Luther King Jr. Day
Closed all day
Feb 16
Washington’s Birthday
Closed all day
Apr 3
Good Friday
Closed all day
May 25
Memorial Day
Closed all day
Jun 19
Independence Day
Closed all day
Jul 3
Independence Day (Friday)
Closed all day
Jul 4
Independence Day
Closed all day
Sep 7
Labor Day
Closed all day
Nov 26
Thanksgiving Day
Closed all day
Nov 27
Day after Thanksgiving
Closes 3 hours early
Dec 24
Christmas Eve
Closes 3 hours early
Dec 25
Christmas Day
Closed all day
4. Overview of the Three Major U.S. Stock Exchanges
The key difference between U.S. stocks and Taiwan stocks is that U.S. stocks are not concentrated in a single exchange but are traded across three major exchanges. Each operates independently, so opening prices, closing prices, and some stock quotes may vary slightly.
New York Stock Exchange (NYSE)
The NYSE is the largest stock exchange in the world by total market capitalization of listed companies, with over 3,500 listed stocks. Although modern trading is mainly electronic, floor trading still plays an important role, especially in setting large institutional trade prices.
NASDAQ Stock Market
NASDAQ is a fully electronic exchange, without a physical trading floor, and was the first electronic securities market globally. Investors trade directly via phone or internet. Many high-tech companies are listed on NASDAQ, such as Microsoft, Apple, and other tech giants.
American Stock Exchange (AMEX)
AMEX is the third-largest trading market in the U.S., with trading methods similar to NYSE. It mainly lists small- and mid-cap stocks and is the only exchange that can trade stocks, futures, and derivatives simultaneously. After being acquired by NYSE in 2008, it is now called NYSE American.
5. Major Global Stock Market Trading Hours
Besides U.S. stocks, Taiwanese investors can also pay attention to other countries’ markets. Here are the trading hours of major global stock exchanges:
Exchange
Trading Hours
Taiwan Local Time
China Securities Exchange
9:30~11:30, 13:00~15:00
9:30~11:30, 13:00~15:00
Tokyo Stock Exchange (Japan)
9:00~11:30, 12:30~15:00
8:00~10:30, 11:30~14:00
London Stock Exchange (UK)
8:00~16:30
16:00~00:30
Hong Kong Stock Exchange
9:15~16:00
9:15~16:00
Toronto Stock Exchange (Canada)
9:30~16:00
22:30~05:00
Frankfurt Stock Exchange (Germany)
8:00~22:00
15:00~5:00
Australian Securities Exchange
10:00~16:00
8:00~14:00
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2025-2026 US Stock Market Trading Hours Complete Guide: A Must-Read for Taiwanese Investors
Important Update: The United States switched to Standard Time at 2:00 AM on November 2, 2025. The regular trading hours are adjusted to 22:30 to 5:00 the next day (Taiwan local time).
1. Basic Knowledge of the U.S. Stock Market
The U.S. stock market consists of several independently operated securities exchanges, among which the New York Stock Exchange, NASDAQ, and the American Stock Exchange are the most important. Although each exchange operates independently, their opening and closing times are generally synchronized.
Basic Rules for U.S. Stock Trading
2. Time Conversion for Taiwanese Investors
Since the U.S. observes Daylight Saving Time and Standard Time, while Taiwan maintains a consistent time year-round, Taiwan investors must pay special attention to these time changes to avoid missing trading opportunities.
Time Change Points
Corresponding Taiwan Local Time for U.S. Stock Market Opening Hours
Time Difference Reminder: After switching from Standard to Daylight Saving Time, the market opening time in Taiwan shifts forward by 1 hour; the reverse causes a 1-hour delay.
3. U.S. Stock Market Holidays and Early Close Dates for 2025 and 2026
Investors should plan ahead for market holidays to avoid unexpected losses due to market suspensions.
U.S. Market Holidays and Early Close Dates in 2025
U.S. Market Holidays and Early Close Dates in 2026
4. Overview of the Three Major U.S. Stock Exchanges
The key difference between U.S. stocks and Taiwan stocks is that U.S. stocks are not concentrated in a single exchange but are traded across three major exchanges. Each operates independently, so opening prices, closing prices, and some stock quotes may vary slightly.
New York Stock Exchange (NYSE)
The NYSE is the largest stock exchange in the world by total market capitalization of listed companies, with over 3,500 listed stocks. Although modern trading is mainly electronic, floor trading still plays an important role, especially in setting large institutional trade prices.
NASDAQ Stock Market
NASDAQ is a fully electronic exchange, without a physical trading floor, and was the first electronic securities market globally. Investors trade directly via phone or internet. Many high-tech companies are listed on NASDAQ, such as Microsoft, Apple, and other tech giants.
American Stock Exchange (AMEX)
AMEX is the third-largest trading market in the U.S., with trading methods similar to NYSE. It mainly lists small- and mid-cap stocks and is the only exchange that can trade stocks, futures, and derivatives simultaneously. After being acquired by NYSE in 2008, it is now called NYSE American.
5. Major Global Stock Market Trading Hours
Besides U.S. stocks, Taiwanese investors can also pay attention to other countries’ markets. Here are the trading hours of major global stock exchanges: