Coping with Different Time Zones
Sydney, Australia
The Australian Stock Exchange opens at 10:00 a.m. and closes at 4:06 p.m. AEST.
AEST (Sydney) is GMT plus 10 hours.
Daylight Saving
During summer the ASX moves to AEDT – one hour forward. AEDT is GMT plus 11 hours and runs from the first Sunday in October to the first Sunday in April.
New York
The NYSE/Nasdaq opens at 9:30 a.m. and closes at 4:00 p.m. EST.
EST is GMT minus 5 hours.
Daylight Saving
During summer the NYSE/NASDAQ move to EDT – one hour forward. EDT is GMT minus 4 hours and runs from the second Sunday in March to the first Sunday in November.
How This Affects You
| NYSE/NASDAQ: | ASX: | ||||
|---|---|---|---|---|---|
| Opens | Closes | Opens | Closes | ||
| First Sunday in October to first Sunday in November | |||||
| New York time | GMT-4 | 9.30 a.m. | 4.00 p.m. | 7.00 p.m. | 1.00 a.m. |
| Sydney time | GMT+11 | 12.30 a.m. | 7.00 a.m. | 10.00 a.m. | 4.00 p.m. |
| First Sunday in November to the second Sunday in March | |||||
| New York time | GMT-5 | 9.30 a.m. | 4.00 p.m. | 6:00 p.m. | 12:00 a.m. |
| Sydney time | GMT+11 | 1:30 a.m. | 8:00 a.m. | 10.00 a.m. | 4.00 p.m. |
| Second Sunday in March to the first Sunday in April | |||||
| New York time | GMT-4 | 9.30 a.m. | 4.00 p.m. | 7.00 p.m. | 1.00 a.m. |
| Sydney time | GMT+11 | 12.30 a.m. | 7.00 a.m. | 10.00 a.m. | 4.00 p.m. |
| First Sunday in April to the first Sunday in October | |||||
| New York time | GMT-4 | 9.30 a.m. | 4.00 p.m. | 8:00 p.m. | 2:00 a.m. |
| Sydney time | GMT+10 | 11:30 p.m. | 6:00 a.m. | 10.00 a.m. | 4.00 p.m. |