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I just needed to check what time the Madrid Stock Exchange closes and started doing some research. It turns out it closes at 5:30 pm local time, but before that, there is a closing auction until 5:35. The opening hours are at 9:00 am, with a pre-auction from 8:30. This schedule is in effect Monday through Friday.
The interesting thing is that the Madrid Stock Exchange is not just one exchange, but part of the SIBE, a system that connects four Spanish exchanges. All the major business activity in the country goes through here. Companies like BBVA, Banco Santander, Inditex, Ferrovial... all operate in this market. The IBEX 35 index reflects the 35 companies with the highest market capitalization.
If you trade from Latin America, the hours change quite a bit depending on your time zone. For example, from Mexico, the market opens at 1:00 am, while from Argentina, it’s at 4:00 am. Buenos Aires and Montevideo have almost the same hours because they are in similar time zones.
A fact I didn’t know: the Madrid Stock Exchange was founded in 1831, quite old. In 2025, it will have several holidays when it doesn’t operate, so you need to keep an eye on the trading calendar if you plan to do trading.
For anyone wanting to trade in Spanish markets, it’s key to know the exact closing time, because if you wait until the last moment, you might miss out. Does anyone else trade on the Madrid Stock Exchange, or are you only into crypto?