Complete Guide to US Stock Market Trading Hours: Opening, Closing, and Holidays for 2025

1. Detailed Explanation of US Stock Trading Hours and Rules

The US securities market has several major exchanges, including the New York Stock Exchange (NYSE), NASDAQ, and the American Stock Exchange (AMEX). Although these exchanges operate independently, they generally follow a consistent trading schedule in most cases. Unlike the 24/7 trading nature of the cryptocurrency market, US stocks have a clear trading time framework.

The following is the U.S. stock trading schedule (based on Eastern Time):

Detailed Rules for US Stock Trading Hours

Basic Trading Rules:

• Major stock exchanges: New York Stock Exchange, NASDAQ, American Stock Exchange
• Trading Currency: US Dollar (USD)
• Basic trading unit: 1 share
• Delivery rules: T+3 (Delivery is completed on the 3rd business day after the trading day)
• Fee standard: Manual orders approximately 1%; Electronic orders approximately 0.5%-1%

Compared to cryptocurrency exchanges, stock trading in the US has fixed opening and closing hours and does not offer 24/7 trading services. This requires investors to pay special attention to trading schedules to avoid missing trading opportunities.

II. Correspondence between US Stock Trading Hours and Asian Time

The United States implements a Daylight Saving Time and Standard Time system, which has significant implications for Asian investors. The transition between Daylight Saving Time and Standard Time leads to changes in the corresponding trading hours of U.S. stocks in the Asian time zone.

Daylight saving time begins at 2:00 AM on the second Sunday of March each year and ends at 2:00 AM on the first Sunday of November. When daylight saving time starts, clocks are set forward one hour; when standard time starts, clocks are set back one hour. However, the specific implementation may still depend on regulations in each state.

U.S. Stock Trading Hours Corresponding to Taiwan Local Time

For Asian investors, especially those from Taiwan, the regular trading hours of the U.S. stock market span from late night to early morning, which contrasts sharply with the round-the-clock operation of digital asset trading platforms. Investors need to consider this time difference when formulating their trading strategies. Some digital asset trading platforms offer U.S. stock-related derivatives, which may become an alternative option for investors to participate in the U.S. stock market.

3. Complete Calendar of US Stock Market Holidays in 2025

The U.S. stock exchange will suspend trading or close early on public holidays. Below is the complete list of U.S. stock market holidays in 2025, and investors should plan their trading arrangements in advance:

Compared to digital asset markets that operate under completely different models, the regular market closures of U.S. stocks are an important difference that investors need to pay special attention to. During U.S. stock market closures, mainstream digital asset trading platforms continue to operate normally, allowing investors to flexibly adjust their asset allocation strategies.

IV. Introduction to Major U.S. Securities Exchanges

The trading structure of the US stock market differs significantly from that of the Asian markets. Unlike Taiwan, which is concentrated in a single exchange, the US stock market is traded across multiple major exchanges. The operating models of each exchange and the characteristics of the listed companies vary.

1. New York Stock Exchange (NYSE)

The New York Stock Exchange is the largest stock exchange in the world by market capitalization, with over 3,500 listed companies. Although modern trading mainly occurs through electronic systems, floor trading (physical trading hall) still plays an important role in pricing and processing large institutional trades. The companies listed on the NYSE are typically well-established large blue-chip companies.

2. Nasdaq Stock Exchange (NASDAQ)

Nasdaq is the world's first electronic securities market, with no physical trading location, where investors primarily trade directly through electronic systems. Nasdaq is known for its concentration of technology companies, including tech giants like Microsoft and Apple. This characteristic makes it an important focus for technology investors.

3. American Stock Exchange (AMEX, now NYSE American)

As the third largest trading market in the United States, AMEX's trading model is similar to that of the New York Stock Exchange. It is characterized by the fact that listed companies are primarily small and medium-sized enterprises. After being merged with NYSE in 2008, it was renamed NYSE American, and it is also the only exchange that can simultaneously conduct trading in stocks, futures, and derivatives markets.

For investors who are accustomed to operating on digital asset trading platforms, understanding the characteristics of these exchanges helps to better grasp the operational mechanisms and investment opportunities in the US stock market.

5. Digital Asset Investors Participating in US Stock Trading Strategies

For digital asset investors accustomed to a 24/7 trading environment, the fixed trading hours of the US stock market require special adaptation:

1. Time Management Strategy: Participate in the market using pre-market trading (Eastern Time 4:00-9:30); this period corresponds to the evening to night time in Asia, which is more convenient.

2. Automated Trading Tools: Set limit orders and stop-loss orders, allowing you to execute preset trading strategies even when you can't immediately follow market changes during regular trading hours of US stocks.

3. Cross-Market Arbitrage Opportunities: Focus on the correlation between the U.S. stock market and the digital asset market, especially the price linkage between technology stocks and cryptocurrencies, to seize cross-market trading opportunities.

4. Utilizing ETFs and ADRs: Participate in the US stock market by trading ETFs (Exchange-Traded Funds) and ADRs (American Depositary Receipts), which typically have better liquidity.

5. Make Reasonable Use of Market Closure Time: During the market closure of U.S. stocks, you can focus more on the 24/7 digital asset market to achieve efficient use of funds.

6. Global Major Stock Market Trading Hours Comparison Table

To facilitate global investors in formulating a comprehensive trading schedule, the trading hours of the major stock markets around the world are listed below:

Understanding the overlapping trading hours of major global markets helps investors to reasonably schedule their trading times and seize investment opportunities brought by inter-market linkages. Unlike the stock market, the 24/7 operation of mainstream digital asset trading platforms allows investors to continue participating in digital asset trading during the non-trading hours of traditional markets.

For investors who are active in multiple markets at the same time, establishing a clear trading schedule is crucial. It helps avoid missing important trading opportunities while ensuring ample rest time to maintain a long-term stable trading state.