Futures Trading

Futures Trading Hours

Complete guide to when futures markets trade - understand sessions, best times to trade, and how to navigate nearly 24-hour markets

Futures Trading Hours Overview

Futures markets trade nearly 24 hours a day, 5 days a week—a major advantage over stocks that only trade during regular market hours. This extended access lets traders react to overnight news, global events, and economic data releases.

CME Group equity index futures (ES, NQ, YM, RTY) open Sunday evening and trade continuously through Friday afternoon, with only a brief daily maintenance break. Understanding these sessions is crucial for choosing when to trade.

Futures Trading Sessions (All Times Eastern)

SessionHours (ET)Characteristics
Globex Open6:00 PM SundayWeek begins, potential gaps
Asian Session6:00 PM - 2:00 AMLower volume, ranges
European Session2:00 AM - 9:30 AMVolume picks up, trends form
RTH Open9:30 AMHigh volatility, best liquidity
Regular Trading Hours9:30 AM - 4:00 PMPeak volume and liquidity
Post-Market4:00 PM - 5:00 PMReduced volume
Daily Break5:00 PM - 6:00 PMMarket closed (maintenance)
Week Close5:00 PM FridayClosed until Sunday 6 PM

Trading Hours by Contract

ContractTrading Hours (ET)Daily Break
ES / MES (S&P 500)Sun 6 PM - Fri 5 PM5:00 - 6:00 PM
NQ / MNQ (Nasdaq)Sun 6 PM - Fri 5 PM5:00 - 6:00 PM
YM / MYM (Dow)Sun 6 PM - Fri 5 PM5:00 - 6:00 PM
CL / MCL (Crude Oil)Sun 6 PM - Fri 5 PM5:00 - 6:00 PM
GC / MGC (Gold)Sun 6 PM - Fri 5 PM5:00 - 6:00 PM

Best Times to Trade Futures

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RTH Open (9:30-10:30 AM)

Highest volatility and volume. Gap fills, opening range breakouts, and major moves. Best for active day traders.

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Mid-Morning (10:30 AM-12:00 PM)

Trends often continue or reverse. Good for following momentum established at the open.

😴

Lunch Hour (12:00-2:00 PM)

Typically slower, range-bound. Many traders take a break. Can be choppy and difficult.

Afternoon (2:00-4:00 PM)

Volume picks up. Final push trades, position adjustments before close. Can trend strongly.

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Overnight (6 PM-9:30 AM)

Lower volume but can trend. Good for swing trades. React to global news and economic data.

🌍

European Open (2:00-3:00 AM)

Volume increases as London opens. Often sets the tone for the US session.

Important Times to Watch

8:30 AM ET - Economic Data

Major economic releases (jobs reports, CPI, GDP) are released at 8:30 AM. Expect significant volatility. Many traders avoid positions before these releases.

9:30 AM ET - Cash Market Open

The stock market opens, bringing massive volume to futures. The first 30-60 minutes often have the day's largest moves and best opportunities.

2:00 PM ET - FOMC Days

Federal Reserve announcements at 2:00 PM create extreme volatility. Experienced traders only. Often followed by whipsaw moves.

4:00 PM ET - Cash Market Close

Stock market closes but futures continue. After-hours moves can set up overnight positions. Volume decreases significantly.

Session Trading Considerations

Different sessions require different approaches:

Overnight Spreads - Bid-ask spreads widen during low-volume overnight sessions
Gap Risk - Weekend and holiday gaps can be significant
News Events - Overnight news can cause sudden moves with poor liquidity
Fatigue - Trading overnight can lead to poor decision-making from tiredness

Frequently Asked Questions

What time do futures start trading?

CME equity futures (ES, NQ) open Sunday at 6:00 PM Eastern Time and trade continuously until Friday at 5:00 PM ET, with a daily 1-hour break from 5:00-6:00 PM ET.

What is the best time to trade futures?

The best time to trade futures is during Regular Trading Hours (RTH), 9:30 AM - 4:00 PM ET, when volume and liquidity are highest. The first hour (9:30-10:30 AM) often has the most volatility and opportunity.

Can you trade futures overnight?

Yes, futures trade nearly 24 hours. The overnight session (6 PM - 9:30 AM ET) has lower volume but allows traders to react to global news and Asian/European market movements.

When do futures close on Friday?

CME equity futures close Friday at 5:00 PM Eastern Time. They remain closed until Sunday at 6:00 PM ET. This creates weekend gap risk for positions held over the weekend.

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Margin & Commission Disclaimer

Margin requirements and commissions change frequently. Verify current rates with your broker.

Risk Disclosure: Trading involves substantial risk of loss and is not suitable for all investors. This content is for educational purposes only and does not constitute financial advice.

Last updated: December 2025