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International gold trading market trading hours of major international gold markets.
(1) Chicago Mercantile Exchange Group

Chicago Mercantile Exchange Group gold futures are mainly traded in three trading markets:

1, cmeglobax-cmeglobax is the electronic trading platform of Chicago Mercantile Exchange Group and the first electronic trading platform for futures and options in the world, occupying a leading position in the world. It also provides the longest cross-platform trading time, 24 hours a day, 6 days a week.

Trading time: Sunday to Friday:18: 00-17:15 (new york time); Take a rest for 45 minutes every day at 17: 15 (new york time17:15-18: 00).

Equivalent to Beijing time: Monday to Saturday: 6: 00-5:15; Take a 45-minute break every day at 5: 15 (5: 15-6:00).

2.CME ClearPort-CME ClearPort electronic platform transmits the approved counter purchase transaction to CME settlement system for settlement. CME ClearPort is a flexible system, which is suitable for different types of traders and transactions conducted through different trading markets. Provide safe and reliable central settlement services for the OTC market, which does not provide such services.

Trading time: Sunday to Friday:18: 00-17:15 (new york time); Take a rest for 45 minutes every day at 17: 15 (new york time17:15-18: 00).

Equivalent to Beijing time: Monday to Saturday 6: 00-5:15; Take a 45-minute break every day at 5: 15 (5: 15-6:00).

3. Open bidding-live trading, trading in COMEX, a subsidiary of Chicago Mercantile Exchange Group.

Trading hours: open bidding from Monday to Friday: 8:20- 13:30 (new york time).

Equivalent to Beijing time: open bidding Monday to Saturday: 20:20- 1:30.

The gold trading volume in the Chicago Mercantile Exchange group market mainly comes from electronic disks, and the trading volume is mainly concentrated from 9 pm to 2 am Beijing time.

(2) London Gold and Silver Market Association (LBMA)

LBMA (London Gold and Silver Market Association) is a global gold and silver trading association, headquartered in London, England, responsible for spot trading of gold and silver. London gold market has a long history, and its development history can be traced back to more than 300 years ago. 1804, London replaced Amsterdam in the Netherlands as the world gold trading center. 19 19, the London gold market was formally established, and the gold price was set twice a day in the morning and afternoon. The five major gold banks set the gold market price that day, which has been affecting the transactions between new york and Hongkong.

At present, LBMA implements a 24-hour continuous trading system (OTC trading mode, in which LBMA members make continuous two-way quotations for spot, overnight, swap and inventory leasing varieties of precious metals and trade them in London working days), and the spot fixing price is generated twice a day, namely 10:30 and 15:00 (equivalent to Beijing time18)

(3) Shanghai Gold Exchange:

The night market trading hours are from 20:50 to 2: 30 every Monday to Thursday; The trading hours in the morning are from 9: 00 to 1 1: 30 every Monday to Friday (where the trading hours on Monday are from 8: 50 to1:30); The afternoon trading time is from Monday to Friday 13: 30 to 15: 30.

(4) Tokyo Industrial Products Exchange

At the end of June 2008, night trading was started, and the trading time was 17:00 to 23:00 (Beijing time 16:00-22:00). Because this trading time does not overlap with COMEX's on-site trading time, night trading has little impact on the overall market trading volume.

(5) The timing of the continuous trading system of the previous period.

Combined with market opinions, the choice of trading time should ensure that futures companies can complete daily settlement normally, and on the other hand, it basically covers the main trading time of the New York Mercantile Exchange gold futures in the United States and the announcement time of spot fixing price of London Gold and Silver Market Association. Therefore, it is proposed to set the trading time of the previous exchange as 2 1:00 every Monday to Friday to 2:30 the next morning.