When does the Madrid Stock Exchange open: Trading hours you need to know

If you are an investor or trader interested in the Spanish markets, understanding what time the Madrid Stock Exchange opens is essential to execute your trades smoothly. The Madrid Stock Exchange operates under the SIBE (Spanish Interconnection System), which also coordinates the exchanges of Valencia, Barcelona, and Bilbao, consolidating all national stock market activity.

Why it is vital to know the opening and closing hours

The Madrid Stock Exchange hosts Spanish companies with the highest international projection and market capitalization. Here, renowned global financial entities like BBVA and Banco Santander, leading construction firms such as ACS, Ferrovial, and Acciona, as well as Inditex, the largest retailer group in the market, are listed. The IBEX 35 index, created on January 14, 1992, groups the 35 companies with the highest market capitalization in this market, serving as the main barometer of the Spanish economy.

Madrid Stock Exchange trading hours

What time the Spanish stock exchange opens is a common question among operators. The regular trading session begins at 9:00 am (local time CEST) from Monday to Friday, extending until 5:30 pm on the same day.

Before the official opening, there is an auction phase from 8:30 am to 9:00 am, where unexecuted orders from the previous close along with new auction orders are processed. This determines the starting price of the session.

In the afternoon, between 5:30 pm and 5:35 pm, the closing auction takes place, establishing a balance price to execute pending orders without counterparty during the day.

Complete schedule table

DAY OPENING AUCTION OPENING CLOSING CLOSING AUCTION
Monday to Friday 8:30 am - 9:00 am 9:00 am 5:30 pm 5:30 pm - 5:35 pm
Saturday and Sunday

Schedule in CEST (Central European Summer Time)

Schedules in different Latin American cities

For Latin American investors, the time equivalence of when the Madrid stock exchange opens is:

City Opening Closing
Caracas 3:00 am 11:30 pm
Lima 2:00 am 10:30 pm
Buenos Aires 4:00 am 12:30 pm
Mexico City 1:00 am 9:30 pm
Santiago de Chile 3:00 am 11:30 pm
Bogotá 2:00 am 10:30 pm

Background and evolution of the Madrid Stock Exchange

The Madrid Stock Exchange was established on September 10, 1831, through the Creation Law drafted by jurist Pedro Sainz de Andino. The first stock market operations began on October 20 of the same year, with banks, steel companies, and railway companies being the first traded securities.

The integration of the four Spanish exchanges into the SIBE occurred in 1995, and since 2001, its management has been handled by Bolsas y Mercados Españoles (BME).

Holidays and reduced sessions

The Madrid Stock Exchange publishes its trading calendar annually. For 2025, holidays include January 1, April 18 and 21, May 1, and December 25 and 26. Additionally, there may be half-day sessions with reduced hours.

How to start trading

If you want to begin trading on the Madrid Stock Exchange, the process is straightforward: first, register on an authorized platform, then deposit the necessary funds, and finally, start trading during the established hours.

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