Trading hours

Equities market trading hours

Market2 Order cancellation Pre-opening Trading Closing Call After-Market trading
Order cancellation Negociation
  Start End Start End Start End Start End Start End Start End
Cash Market 09:30 09:45 09:45 10:00 10:00 17:55 17:55 18:00 - - - -
Odd lots market 09:30 09:45 09:45 10:00 10:00 17:55 17:55 18:00 - - - -
Forward market 10:00 18:20 - - - -
Options market 09:30 09:45 09:45 10:00 10:00 17:55 17:55 18:15 - - - -
BOVESPA Mais – All securities 09:30 09:45 09:45 10:00 10:00 17:55 17:55 18:00 - - - -
ETFs 09:30 09:45 09:45 10:00 10:00 17:55 17:55 18:15 - - - -
OTC Market - 
All securities
09:30 09:45 09:45 10:00 10:00 17:55 17:55 18:00 - - - -
Equity index options 09:30 09:45 09:45 10:00 10:00 17:50 17:50 18:15 - - - -

 

Market2 Options Exercise
Before expiration On expiration
Manual exercise of Holder Position Manual exercise of Holder Position Auto exercise request Break for average price calculation Auto exercise trigger
  Start End Start End Start End Start End Start
Options on equities and ETFs 10:00 17:00 10:00 13:00
Equity index options 10:00 13:00 18:00(1)
IBOV/IBXX option groups 10:00 12:30 12:45 12:50 12:51
Other option groups 10:00 12:30 12:35 12:50 12:51

1After 6:00 p.m. the exercise is automatic whenever: (i) for the call option, the settlement index is higher than the strike price; and (ii) for the put option, the settlement index is lower than the strike price.
Trade corrections: can be made in all markets and at any phase of trading until 7:00 p.m. 
Note: After the trading session, the cancelation phase will occur from 6:30 p.m. until 6:45 p.m. for all instruments 

 

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