OMXR Trading Hours
Is the Riga Stock Exchange Open?
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2020 Riga Stock Exchange Trading Hours
The Riga Stock Exchange (OMXR) is .
Riga Stock Exchange is – until:
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Riga Stock Exchange is a member of NASDAQ OMX Nordic Exchange which encompasses several exchanges in Northern Europe.
Trading Schedule for 2020
Mo/Tu/We/Th/Fr:9:00 AM - 10:00 AM — Opening Session
10:00 AM - 3:55 PM — Trading Session
3:55 PM - 4:00 PM — Closing Call Auction
4:00 PM - 4:30 PM — Extended Hours
† Times shown are in Europe/Riga time (GMT+03:00)
When is the Riga Stock Exchange Open?
Does Riga Stock Exchange Close For Lunch?
The NASDAQ Riga does not close for lunch. Most stock markets in Asia close for lunch and a few exchanges in the Middle East do as well. Stock exchanges in most of the rest of the world remain open continuously from the Opening Bell to the Closing bell. Our Stock Market Countdown takes lunch hours into account for all supported markets.
Is Riga Stock Exchange Open on Saturday or Sunday?
The Riga Stock Exchange is not open on weekends. Stock Exchanges in America, Europe, and Asia follow the typical Monday to Friday schedule. However, in the Middle East the work week typically runs from Sunday through Thursday.
Stock exchanges in Middle Eastern countries like Qatar and Abu Dhabi are closed on Friday and open on Sunday. The Tehran Stock Exchange in Iran is open Saturday through Wednesday and closed Thursday and Friday.
How Long is Riga Stock Exchange Open?
The Riga Stock Exchange is open 5.9166666666667 hours per day which is average. Most stock exchanges are open 25 to 35 hours per week with 5 days of trading per week. There are several exchanges that are only open 4 days per week due to low demand and few listed companies. The Deutsche Börse is open more than any other stock exchange.
Limited trading hours help to reduce volatility in stock prices but also limits the liquidity of stocks. When trading hours are shorter more news reports and earnings reports are published while the markets are closed. As a result, investors have more time to process new information and general make fewer knee-jerk reactions. Read more about how trading hours vary around the world.
Does Daylight Saving Time Affect the Riga Stock Exchange?
NASDAQ Riga follows the Europe/Riga timezone which does observe Daylight Saving Time. Daylight Saving Time (DST) is currently in effect for this region. As a result, the timezone offset is now GMT+03:00. Daylight Saving Time for Europe/Riga will end on October 25, 2020 at 4:00 AM.
Riga Stock Exchange Extended Hours Trading
The Riga Stock Exchange is open for the following trading sessions:
- Opening Session from 9:00 AM to 10:00 AM
- Closing Call Auction from 3:55 PM to 4:00 PM
- Extended Hours from 4:00 PM to 4:30 PM
But there are also Extended Hours Trading during which trades may be made. There is significantly less trading volume during extended hours. Lower volume results is a larger spread, bigger price jumps, more volatility, and more risk. Extended Hours Trading allows investors to act quickly on information that comes out after markets closed.
In the past, only large institutional investors could participate in Extended Hours Trading. Due to the emergence of electronic trading platforms, individual investors are now able to trade during extended hours as well. Depending upon your broker, you can usually choose to execute trades during pre- or after-hours or only during regular trading.
Check out the list of Riga Stock Exchange Holidays to learn more. All holiday closures are taken into account by our Opening/Closing Bell Countdown. Stock Market holidays often differ slightly from official federal and bank holidays in each country.
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