Trading Hours

Exchange trading hours and Holidays

Below is a presentation of NGM’s market segments and the times that normally apply for each respective market segment. All times are stated in Central European Time (CET).

Normal Trading Day


Main Regulated Equity / Nordic SME / Nordic AIF / NGM PepMarket1
Country Normal Trading Hours Pre Open Open/Continuous Trading 2 Post Open Closing
All 09:00 - 17:30 08:00 09:00 3 17:30 4 18:00
 
ETP
Country Normal Trading Hours 5 Pre Open Open/Continuous Trading Post Open Closing
Sweden/Finland 09:00 - 17:30 07:45 08:00 20:00 20:15
Norway 09:00 - 16:25 07:45 08:00 20:00 20:15
Denmark 09:00 - 17:00 07:45 08:00 20:00 20:15
 
Debt Securities
Country Normal Trading Hours Pre Open Open/Continuous Trading Post Open Closing
All 09:00 - 16:15 08:00 09:00 16:15 18:00
 
NDX / Investment Products MTF
Country Normal Trading Hours Pre Open Open/Continuous Trading Post Open Closing
Denmark (All segments) 09:00 - 17:00 08:00 09:00 17:00 18:00
Finland (All segments) 08:00 - 17:20 07:45 08:00 17:20 18:00
Norway (All segments) 09:00 - 16:15 08:00 09:00 16:15 18:00
Structured Products SE (NDX & MTF) 09:00 - 16:15 08:00 09:00 16:15 18:00
Misc Investment Products SE (NDX & MTF) 09:00 - 17:25 08:00 09:00 17:25 18:00


Half Trading Day


Main Regulated Equity / Nordic SME / Nordic AIF / NGM PepMarket1
Country Normal Trading Hours Pre Open Open/Continuous Trading 2 Post Open Closing
All 09:00 - 13:00 08:00 09:00 3 13:00 4 13:20
 
ETP
Country Normal Trading Hours 5 Pre Open Open/Continuous Trading Post Open Closing
Sweden 08:00 - 12:55 07:45 08:00 13:00 13:20
Norway 08:00 - 13:00 07:45 08:00 13:00 13:20
 
Debt Securities
Country Normal Trading Hours Pre Open Open/Continuous Trading Post Open Closing
All 09:00 - 12:00 08:00 09:00 12:00 13:20
 
NDX / Investment Products MTF
Country Normal Trading Hours Pre Open Open/Continuous Trading Post Open Closing
Norway (All segments) 09:00 - 12:00 08:00 09:00 12:00 12:15
Structured Products SE (NDX & MTF) 09:00 - 12:00 08:00 09:00 12:00 13:20
Misc Investment Products SE (NDX & MTF) 09:00 - 12:55 08:00 09:00 12:00 13:20

1 = NGM PepMarket is open on every non-holiday tuesday.
2 = Continuous Trading starts at Open and ends at Closing Auction for all segments.
3 = The opening takes place with a delay of 0-30 seconds after the specified time.
4 = Closing auction starts 5 minutes before the specified time, post trading starts 0-30 seconds before the specified time.The stated times apply for all underlying market segments.
5 = On NGM’s ETP-segment, volume- presence and spread requirements apply for the market maker during Normal Trading Hours, in accordance with what is set out in the Market Maker Rules applicable from time to time. Normally, the issuer will however voluntarily uphold volume, presence and volume requirements outside of Normal Trading Hours in accordance with the table above, provided that the market for the underlying asset of the instrument is open for trading. Opening auction starts 5 minutes before opening on ETP Finland and ETP Sweden. Opening auction starts 15 minutes before the opening of other markets.



Holidays and half trading days 2023

Listed below are the dates for when the markets are closed or when there are half trading days.


Date Description Sweden Finland Norway Denmark
2023-01-05 Epiphany eve Half      
2023-01-06 Epiphany Closed Closed    
2023-04-05 Holy wednesday     Half  
2023-04-06 Maundy thursday Half   Closed Closed
2023-04-07 Good friday Closed Closed Closed Closed
2023-04-10 Easter monday Closed Closed Closed Closed
2023-05-01 Labour day Closed Closed Closed Closed
2023-05-05 Prayer day       Closed
2023-05-17 Norwegian constitution day     Closed  
2023-05-17 Eve before ascension Half      
2023-05-18 Ascension day Closed Closed Closed Closed
2023-05-19 2:nd Ascension day       Closed
2023-05-29 Whit monday     Closed Closed
2023-06-05 Danish constitution day       Closed
2023-06-06 National day of Sweden Closed      
2023-06-23 Midsummers' eve Closed Closed    
2023-11-03 All saint's eve Half      
2023-12-06 Finnish independence day   Closed    
2023-12-25 Christmas day Closed Closed Closed Closed
2023-12-26 Boxing day Closed Closed Closed Closed