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I just checked when the Madrid stock exchange opens and closes because I was confused about the schedules. It turns out that the Madrid stock exchange schedule is quite simple: it opens at 9:00 am and closes at 5:30 pm from Monday to Friday. There is an opening auction from 8:30 am and another closing auction until 5:35 pm, but those are additional periods.
The interesting thing is that many people don't know that there isn't just one stock exchange in Spain. There are four coordinated by SIBE: Madrid, Barcelona, Valencia, and Bilbao. But Madrid is the most important, where all the activity is concentrated, including the IBEX 35 with the 35 largest companies in the country.
If you're looking to trade on the Madrid stock exchange, it's essential to know the Madrid stock exchange schedule because it's where the most important banks like BBVA and Santander, international construction companies like Ferrovial, and retail companies like Inditex are listed. The Madrid stock exchange has almost 200 years of history; it was founded in 1831, so it's quite serious.
One thing that's also useful to know: the Madrid stock exchange schedule varies if you're in another Spanish-speaking country. For example, in Mexico, it opens at 1:00 am local time, in Buenos Aires at 4:00 am, in Lima at 2:00 am. It depends on the time zone, of course.
Additionally, there are holidays when the Madrid stock exchange doesn't operate. You can usually see the full calendar on the BME website. Some years also have half-day sessions, so it's good to check before trading. Does anyone else get confused with these schedules or is it just me?