xStocks are not available in the U.S. or to U.S. persons. Geo restrictions apply. Read Kraken's xStocks Risk Disclosure and the Base Prospectus and related Final Terms for more information.
Trading Hours
Understand how market hours affect xStocks trading, pricing, and liquidity, and what happens when markets close.
Key Takeaways
- xStocks are linked to publicly traded stocks and ETFs, so the trading hours of the underlying market matter.
- Trading availability may vary between partner platforms.
- Prices and liquidity can differ outside regular market hours.
- Always check your platform for the latest trading schedule and market holiday information.
Public stock markets operate during set trading hours. Because xStocks represent publicly traded stocks and ETFs, the trading hours of the underlying market play an important role in how they trade.
Understanding when markets are open can help explain changes in pricing, liquidity, and trading activity.
When can I trade xStocks?
Trading availability depends on the platform where you access xStocks.
Some partners may offer trading only while the underlying market is open, while others may support additional trading hours.
Refer to your platform's trading schedule for the hours available to you.
What happens when the market is closed?
When the underlying stock market is closed, the underlying assets are not actively trading.
Depending on the platform, you may still be able to place, modify, or cancel orders. In some cases, trading may continue outside of regular market hours using available liquidity.
Prices and liquidity may differ from those seen during the regular trading session.
Why do prices change outside market hours?
News doesn't stop when markets close.
Company announcements, earnings releases, economic data, and global events can all influence the expected value of a stock outside regular trading hours.
When markets reopen, these events may be reflected in the stock's price.
Where can I check market hours?
Trading hours vary by exchange, market holidays, and the asset being traded.
Your platform will provide the most up-to-date information on trading availability, scheduled market closures, and supported trading sessions.
More in Learn
Keep reading.
How xStocks Are Backed
Explore what 1:1 backing means for xStocks, how underlying assets are held, and how to verify backing with Proof of Reserves.
What is an IPO
Discover how IPOs work before trading begins, from setting the offering price to deciding who receives shares.
How IPO Allocations Work
Explore how IPO shares are allocated, why allocations vary, and how institutional and retail investors participate.
Important Information
xStocks are not available in the U.S. or to U.S. persons. Geo restrictions apply. Read Kraken's xStocks Risk Disclosure and the Base Prospectus and related Final Terms for more information. This content is partner enablement material, not investment advice. IPO-related content carries additional communication rules - see the brand kit before repurposing. In the EEA and most countries outside the US, IPO access on Kraken is via xStocks - tokenized securities issued by Backed Assets (JE) Limited pursuant to an EU-registered prospectus, providing price exposure only. xStocks are not equity and confer no voting or shareholder rights. Allocation is subject to underwriter decisions and is not guaranteed; any funds not allocated are returned. The value of investments may go down as well as up. Not available in the U.S. or to U.S. persons, or in the United Kingdom, Canada or Australia. Geo restrictions apply. xStocks are made available in the EEA by Payward Europe Digital Solutions (CY) Limited, regulated by CySEC (licence no. 342/17); and elsewhere by Payward Digital Solutions Ltd., regulated by the Bermuda Monetary Authority.