Which stock market opens first on Monday - Guide
Which stock market opens first on Monday
This article answers the question "which stock market opens first on Monday" and explains why the answer depends on time zones, daylight‑saving changes, holidays and how you define an "open" (regular session vs pre‑market/external systems). Read on to learn the typical order of global openings, practical implications for traders, where to verify live schedules, and how to handle exceptions.
Note: the phrase "which stock market opens first on Monday" appears repeatedly in this guide to match common search queries and to keep the practical answer easy to find.
Short answer (summary)
Which stock market opens first on Monday? The earliest major national exchange that usually begins regular Monday trade is the New Zealand Stock Exchange (NZX). Smaller Pacific island exchanges or specific local markets can open slightly earlier in UTC terms on a Monday, so NZX is the most consistent answer among major markets. Cryptocurrencies trade 24/7 and so have no "first opening".
Why time zones determine the order of openings
The simple reason the question "which stock market opens first on Monday" has no single immutable answer is that global exchanges operate in local time. The International Date Line and world time zones mean markets in Oceania experience the Monday calendar date far earlier than markets in Europe and the Americas. Two practical consequences:
- A market that opens at 10:00 local time in New Zealand is already open many hours before the same Monday morning in London or New York.
- Daylight‑saving time (DST) shifts the UTC offset for some countries seasonally, changing the relative order of openings between regions for a few weeks each year.
When people ask "which stock market opens first on Monday" they are usually asking which national exchange begins its regular primary trading session earliest on that Monday calendar date in UTC terms. That interpretation is used throughout this guide.
Typical Monday opening sequence (major exchanges)
Below is the usual order of primary regular trading sessions for major national stock exchanges on a Monday, arranged broadly from earliest to latest in global calendar time. Exact local start times and seasonal offsets vary; the list shows the typical sequence and important details to watch.
Oceania and Pacific — NZX, ASX, then smaller Pacific exchanges
- New Zealand Stock Exchange (NZX) is typically the first large national stock market to open on Monday in UTC terms. For many weeks of the year NZX trading begins on the Monday local morning while it is still Sunday for much of the world in UTC — but by calendar date NZX is the first Monday opener among major markets.
- Australian Securities Exchange (ASX) follows NZX by local time; it is one of the earliest large markets after New Zealand.
- Several smaller Pacific exchanges (in territories and island economies) can open slightly earlier than or around NZX depending on local time conventions; these are less frequently referenced but matter if you track micro‑regional activity.
Which stock market opens first on Monday? For mainstream global discussion, NZX (followed by ASX) is the consistent practical answer, with smaller Pacific venues occasionally preceding NZX in UTC.
East Asia — Tokyo (TSE), Hong Kong (HKEX), Shanghai/Shenzhen (SSE/SZSE), Seoul (KRX)
- Tokyo Stock Exchange (TSE) typically opens next in the Asia window (local morning session commonly starts around 09:00 local).
- Hong Kong Exchange (HKEX) and the major mainland China markets (Shanghai and Shenzhen) start their primary sessions later in the Asian morning (HKEX often uses a 09:30 open for the continuous session).
- South Korea (KRX) opens its regular session in the Asian morning as well. Several Asian exchanges use a lunch break in the middle of the day (for example, some mainland China sessions), which affects intraday liquidity patterns.
South Asia — Mumbai (BSE/NSE)
Indian exchanges (Bombay Stock Exchange and National Stock Exchange) open in local business morning hours that place them after East Asia in UTC terms but before major European markets.
Europe — London (LSE), Euronext, Deutsche Börse, Swiss Exchange
European markets open after Asia. London is one of the earliest European openers and is often a liquidity hub that bridges Asia and the Americas. Deutsche Börse (Xetra), Euronext group markets and Swiss Exchange follow the European local morning schedule and provide concentration of EU liquidity.
North America — Toronto (TSX), New York (NYSE, NASDAQ)
North American primary equity markets are typically the last of the major regional weekday openings. NYSE and NASDAQ open in the U.S. morning (commonly 09:30 Eastern Time) and are among the last regular openings on a Monday.
Exceptions and smaller / overnight venues
- Some local, specialized, or small national exchanges in Pacific island countries can open earlier than NZX in UTC terms.
- Futures, derivatives and some electronic matching venues operate near‑continuous schedules with daily maintenance windows — these do not follow the same "first opener" logic as cash equity markets.
Definitions: what “opens first” can mean
When answering "which stock market opens first on Monday" you must choose which definition of "open" applies. Common definitions include:
- Regular primary session open: the time the main trading floor or electronic order book for the primary session begins continuous trading. This is the default interpretation used here.
- Opening auction: many exchanges use an opening auction mechanism that matches accumulated orders at a single price — the auction often occurs at or immediately before the continuous trading open.
- Pre‑market / extended trading: some markets (or brokers serving them) allow pre‑market or extended sessions. These sessions may start hours before the regular session and are not used in the simple "first market to open" ranking.
- Electronic crossing systems and dark pools: these can execute orders at times that do not align with the primary session open.
For most retail and institutional comparisons, "which stock market opens first on Monday" refers to the start of the regular primary session / continuous trading period for the national exchange's main cash equities market.
Factors that change which market opens first on a given Monday
Several factors can change the effective order of openings on any particular Monday:
- Daylight‑saving time (DST) transitions: when one region shifts clocks for DST and another does not (or shifts on a different date), the UTC offsets change and the order of openings can temporarily swap.
- Local public holidays and exchange‑specific holidays: if an exchange is closed for a national holiday, it is not an opener that Monday; the next market in clock order then becomes effectively the "first" among open markets.
- Exchange maintenance, early or delayed starts: exchanges occasionally delay openings for system maintenance or open late/early for special sessions.
- Emergency closures and special schedules: weather, technical outages, and exceptional events can alter opening times or cause full‑day closures.
Because of these variables, the answer to "which stock market opens first on Monday" should be checked for the specific Monday you care about.
Comparison with cryptocurrency markets and futures
Cryptocurrency markets operate 24 hours a day, 7 days a week; they have no scheduled Monday opening. Futures exchanges and some derivatives venues trade for extended portions of the week with short daily breaks; these instruments therefore don’t fit the classic "first Monday opening" idea used for cash equity markets.
If you trade or monitor both crypto and equities, remember that crypto does not pause for the weekend or a Monday opening, whereas equities follow regional business calendars.
Practical implications for traders and investors
Understanding which stock market opens first on Monday matters for several reasons:
- Overnight news digestion: markets that open earlier on Monday can reflect news that occurred over the weekend (or late Sunday UTC). Traders looking to react to weekend developments will focus on those early openers.
- Liquidity and volatility: opening auctions and the first minutes of a regular session often have higher volatility and unique liquidity characteristics. Knowing the order of openings helps schedule monitoring and risk controls.
- Overlapping sessions: when one market opens while another is still in session (for example, when Europe overlaps with Asia or the U.S. pre‑market overlaps with Europe close), opportunities and risks can arise from cross‑market flows.
- Execution timing: if you need to execute trades in global equities on Monday morning, knowing which markets open first helps prioritize which local order books or exchanges to access.
Practical tip: align your monitoring and automated risk rules with the specific exchanges you trade. For general global monitoring, track NZX/ASX first then Asia, Europe, and finally North America.
How to check the exact opening order and times (current)
To answer "which stock market opens first on Monday" for a specific upcoming date, use authoritative, up‑to‑date sources:
- Check official exchange websites for their published trading hours and holiday calendars (search the exchange name plus "trading hours" on the exchange’s site). When reading exchange pages, confirm the local time zone and whether times are quoted in standard or daylight time.
- Use market‑hours services and world clocks that aggregate trading hours across exchanges (there are reputable market‑hours tools and world clocks used by brokers and ops desks). These tools often include holiday calendars and DST adjustments.
- Check broker or trading platform trading hours pages for the specific product and venue you plan to trade. Brokers often include pre‑market and post‑market hours that differ by instrument.
As an example of a trusted, consolidated resource, many traders consult market‑hours aggregators and the exchanges’ official calendars. Bitget’s market resources and trading hours pages are a practical place for users of Bitget products to verify supported instrument trading windows. Always cross‑reference exchange calendars for official holiday schedules.
Examples and typical local opening times (notes, not exhaustive)
Below are typical local opening times for major markets — these are given as local times and do not account for daylight‑saving offsets. Convert to UTC for a specific Monday and verify against official calendars.
- New Zealand Stock Exchange (NZX): local morning session (typical start in the New Zealand business morning)
- Australian Securities Exchange (ASX): local morning session (typical start in the Australian business morning)
- Tokyo Stock Exchange (TSE): typically around 09:00 local time
- Hong Kong Exchange (HKEX): typically around 09:30 local time for the continuous session
- Shanghai / Shenzhen (SSE / SZSE): China uses morning sessions with a midday break; continuous sessions start in the morning local time
- London Stock Exchange (LSE): typical early European local morning open
- New York Stock Exchange (NYSE) / NASDAQ: 09:30 Eastern Time local open for the primary session
Conversions to UTC change with DST. For example, when U.S. clocks move forward in spring but some southern hemisphere markets are not in DST, the UTC ordering temporarily shifts.
Factors that can make the practical "first" market different from the calendar order
- If NZX or ASX is closed for a holiday (e.g., a national observance), an otherwise later market becomes the earliest opener on that Monday.
- When DST changes are not synchronized across countries, the ordering can flip for part of the year. Monitor DST transition dates.
- Some venues publish early and late sessions or allow electronic matching that starts outside the regular session — if you include those sessions in your definition, the "first" market can be a different venue.
Notes, caveats and historical / special cases
- Half days and shortened sessions: many exchanges run shortened hours on certain dates (quarterly holidays, year‑end half days). A half day still counts as an open day, but trading duration differs.
- Exchange reforms: exchanges occasionally change trading hours for operational or market design reasons. Always check the latest exchange notices.
- Maintenance or outages: technical outages or scheduled maintenance can delay or suspend openings at short notice.
- Time‑zone anomalies: some jurisdictions have half‑hour time zones or unique offsets that complicate straightforward ordering by hour.
Because of these caveats, when you need to know "which stock market opens first on Monday" for operational purposes, verify the schedule for that specific Monday.
See also / further reading
- Exchange trading hours and holiday calendars
- Market‑hours aggregators and world clock tools
- Broker trading‑hours pages (useful for pre/post‑market availability and product‑level hours)
If you use Bitget for monitoring markets or trading global products, consult Bitget’s market‑hours resources and platform notices to confirm instrument availability and session times.
Practical checklist: quickly determine which stock market opens first on Monday (step‑by‑step)
- Decide which definition of "open" you need (regular session vs pre‑market).
- Check whether NZX and ASX are open that Monday (holiday calendars). If both are open, NZX is typically the first among major markets.
- If NZX is closed, check smaller Pacific markets and then ASX.
- Convert local start times to UTC for the specific date, accounting for DST.
- Confirm using the exchange’s official calendar and a reliable market‑hours aggregator.
Practical example scenario
If an event occurs late Sunday UTC that affects global sentiment, the first equity market likely to price that event on Monday morning will be the early‑opening Oceania markets (NZX/ASX), followed by Asia and Europe before North America. Traders who ask "which stock market opens first on Monday" are typically trying to decide which order books will reflect weekend news earliest.
Sources and reporting notes
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As of 2024‑06‑01, TradingHours.com and major exchange trading‑hours pages list NZX and ASX among the earliest large national equity market local opens in the global weekly sequence. (Source aggregation: TradingHours.com, exchange trading hours pages.)
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As of 2024‑06‑01, exchange published schedules show Tokyo Stock Exchange primary sessions starting in the local morning (commonly around 09:00 local), and Hong Kong Exchange often starting continuous trading sessions around 09:30 local. (Source aggregation: TSE and HKEX trading hours pages as reflected by market‑hours guides.)
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As of 2024‑06‑01, NYSE and NASDAQ open U.S. regular trading sessions at 09:30 Eastern Time and are typically the last major regular market openings on a Monday in UTC order. (Source aggregation: official NYSE/NASDAQ trading‑hours documentation.)
These source statements are based on exchange‑published schedules and widely used market‑hours aggregators. Always check the exchange's official site or a trusted broker platform for up‑to‑date confirmation of a given Monday’s hours.
Practical tips and final notes
- If you need to act on "which stock market opens first on Monday" for trading strategies, automate a check of exchange calendars and DST transitions.
- Use local‑time to UTC converters or market‑hours tools that include holiday calendars.
- For traders using Bitget products, consult Bitget’s market resources and platform notices for supported hours and instrument availability. Bitget’s educational pages also explain differences between continuous crypto markets (24/7) and scheduled equity markets.
If you want a customized checklist or an automated calendar that shows, for a given Monday, exactly which exchanges are open and in what order (including holiday and DST adjustments), Bitget’s platform resources and market‑hours tools can be a useful starting point — reach out to platform support or check the market‑hours section in the Bitget help center to set up notifications.
Further exploration: if you need a printable weekly chart of typical opens in UTC for the major exchanges (NZX, ASX, TSE, HKEX, SSE/SZSE, LSE, Deutsche Börse, NYSE/NASDAQ, TSX), request a custom conversion table noting DST windows and holiday overlaps.
References
- TradingHours.com — aggregated trading hours and holiday calendars (reporting date referenced above: 2024‑06‑01).
- Exchange trading hours pages for NZX, ASX, TSE, HKEX, SSE, SZSE, LSE, Deutsche Börse, SIX, NYSE and NASDAQ (as aggregated by market‑hours guides; reporting date referenced above: 2024‑06‑01).
- Market‑hours and broker guides (examples cited in industry guides up to 2024‑06‑01) used to confirm typical local session times and DST effects.
If you trade global instruments, verify the exact opening sequence for the Monday you care about using exchange calendars or Bitget’s market‑hours resources. Explore Bitget’s platform notices and educational materials for up‑to‑date session times and supported products.





















