Tokyo Stock Exchange Hours
TSE & Nikkei 225 trading times for global investors
β‘ Quick Answer
The Tokyo Stock Exchange trades Monday-Friday, 9:00 AM - 3:00 PM JST with a lunch break from 11:30 AM - 12:30 PM. This split-session format is unique among major world markets. Closed on weekends and Japanese holidays.
π Trading Sessions (Tokyo Time)
Morning Session (εε ΄)
9:00 AM - 11:30 AM
2.5 hours. Often sets the day's tone based on overnight US markets.
Lunch Break (ζΌδΌγΏ)
11:30 AM - 12:30 PM
1 hour. No trading. Unique among major markets.
Afternoon Session (εΎε ΄)
12:30 PM - 3:00 PM
2.5 hours. Final 15 minutes often see increased volume.
π TSE Hours in Your City
| City | Morning Session | Afternoon Session | Notes |
|---|---|---|---|
| π―π΅ Tokyo | 9:00 AM - 11:30 AM | 12:30 PM - 3:00 PM | Local time (JST) |
| πΊπΈ New York | 7:00 PM - 9:30 PM* | 10:30 PM - 1:00 AM | Previous day (EST) |
| π¬π§ London | 12:00 AM - 2:30 AM | 3:30 AM - 6:00 AM | Same day (GMT) |
| πΈπ¬ Singapore | 8:00 AM - 10:30 AM | 11:30 AM - 2:00 PM | Same day (SGT) |
| π¦πΊ Sydney | 11:00 AM - 1:30 PM | 2:30 PM - 5:00 PM | Same day (AEDT) |
| π¦πͺ Dubai | 4:00 AM - 6:30 AM | 7:30 AM - 10:00 AM | Same day (GST) |
* For US investors: TSE trades during your evening/night hours. No overlap with NYSE.
π 2025 TSE Holidays (Closed)
π TSE vs NYSE & LSE
| Feature | Tokyo (TSE) | New York (NYSE) | London (LSE) |
|---|---|---|---|
| Trading Hours | 9:00 AM - 3:00 PM (5 hrs) | 9:30 AM - 4:00 PM (6.5 hrs) | 8:00 AM - 4:30 PM (8.5 hrs) |
| Lunch Break | Yes (11:30-12:30) | No | No |
| Main Index | Nikkei 225, TOPIX | S&P 500, Dow Jones | FTSE 100 |
| Currency | JPY (Yen) | USD | GBP |
| Time Zone | JST (UTC+9) | EST (UTC-5) | GMT (UTC+0) |
π‘ Key Trading Insights
π Following US Markets
The TSE morning session often reacts to overnight US market moves. Major S&P 500 gains or losses typically influence Nikkei 225 direction at the open. Check US futures before trading.
π± The Lunch Break
Tokyo's 1-hour lunch break is unique. Some traders use this time to reassess positions based on morning action. Afternoon sessions often see different dynamics than morning.
π No Overlap with Western Markets
TSE closes (3 PM JST) before European markets open and long before US markets. This means no real-time arbitrage opportunities but also less correlation during trading hours.
β Frequently Asked Questions
Why does the TSE have a lunch break?
The lunch break dates back to when trading was done on a physical trading floor. While other exchanges eliminated it, the TSE maintained the tradition. There's ongoing debate about removing it to increase trading hours.
Can I trade Japanese stocks from the US?
Yes. Many brokers offer direct TSE access (Interactive Brokers, Fidelity for some stocks). Alternatively, trade Japanese ADRs on US exchanges during NYSE hours, or invest in Japan-focused ETFs like EWJ.
What's the difference between Nikkei 225 and TOPIX?
Nikkei 225 is price-weighted (like Dow Jones), consisting of 225 large-cap stocks. TOPIX is market-cap weighted (like S&P 500), covering all stocks on TSE Prime. TOPIX is considered more representative of the overall market.
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Last updated: December 2024.