Hours & Holidays
TMX Australia Exchange (TMX) Trading Phase Timetable
Time
- ASX Listings (Equities)
- ASX ETFs (Funds)
- ASX Interest Rate Hybrid
- ASX Hybrid Securities
- TMX Equity Warrants
- TMX Non-Equity Warrants
- TMX Listings (Equities)
- TMX ETFs (Funds)
Prior to 05:30:00
System startup
Valid multi-day orders are reinstated into the order book and retain their prior price/time priority subject to the technical specifications
Valid multi-day orders are reinstated into the order book and retain their prior price/time priority subject to the technical specifications
05:30:00
Technical Connectivity
- Commencement of technical connectivity
- Participants may log into the Trading System
06:35:00
Pre-Market
- Participants may check connectivity and details concerning securities available for trading but will not be able to enter orders into the TMX market
- The Trading System will not match orders
- Trade Reports may be lodged in accordance with the Operating Rules and the Market Integrity Rules
- Participants may cancel multi-day orders
07:00:00
Pre-Open
- From 07:00:00 Participants may enter, amend, and cancel orders, including multi-day orders, in an auction eligible product that is in a pre-open trading state
- The Trading System will not match orders
09:50:00
Continuous Trading commences at 09:50:00 for TMX Non-Equity Warrants
Opening Auction
An auction will take place 09:59:45 – 10:00:00 (15 sec random) then commence Continuous Trading
An auction will take place 09:59:45 – 10:00:00 (15 sec random) then commence Continuous Trading
10:00:00
Continuous Trading commences at 10:00:00
- Participants may enter orders into the TMX market and orders are matched in accordance with the rules
- Trade Reports may be lodged in accordance with the Operating Rules and the Market Integrity Rules
Market On Close (MOC)
Participants may enter hidden MOC orders in eligible symbols from the commencement of Continuous Trading
Participants may enter hidden MOC orders in eligible symbols from the commencement of Continuous Trading
Continuous Trading
- Participants may enter orders into the TMX market and orders are matched in accordance with the rules
- Trade Reports may be lodged in accordance with the Operating Rules and the Market Integrity Rules
16:00:00
Pre-Close
- From 16:00:00 Participants may enter, amend, and cancel orders in an auction eligible product that is in a pre-close trading state
- The Trading System will not match orders
16:10:00 - 16:10:30
(30 second random)
(30 second random)
Continuous Trading Concludes at 16:13:00
MOC orders are matched at the ASX closing auction price, when available between 16:10:00 and 16:10:30 (30 sec random), and disseminated.
Continuous Trading Concludes at 16:13:00
Closing Auction
An auction will take place 16:12:45 - 16:13:00 (15 sec random) then commence Evening Administration
An auction will take place 16:12:45 - 16:13:00 (15 sec random) then commence Evening Administration
16:13:00
Evening Administration
Participants may continue to enter hidden MOC Orders for matching until 16:20:00
Evening Administration
16:20:00 - 18:55:00
- Participants cannot enter or amend orders, however orders may be cancelled
- Trade Reports may be lodged in accordance with the Operating Rules and the Market Integrity Rules
- All Day-only orders remaining in the TMX market at the end of this period will be automatically cancelled
18:55:00 - 19:00:00
End of Evening Administration at 18:55:00
End of Technical Connectivity at 19:00:00
End of Technical Connectivity at 19:00:00
2026 Australian Holiday Schedule
| Holiday | Date |
|---|---|
| New Year's Day | January 1 |
| Australia Day | January 26 |
| Good Friday | April 3 |
| Easter Monday | April 6 |
| King's Birthday | June 8 |
| Last Business day before Christmas Day Early Close | December 24 |
| Christmas Day | December 25 |
| Boxing Day | December 28 |
| Last Business day of the Year Early Close | December 31 |