📅 What Counts as a Trading Day in Futures?
In futures trading, a trading day is not the same as a calendar day.
Instead, it follows the CME Group Globex session, which starts in the evening of one day and runs into the next day. Here's how it breaks down:
🕒 Futures Trading Day Breakdown (EST):
Trading Day | Starts | Ends |
---|---|---|
Monday | Sunday 6:00 PM EST | Monday 5:0 PM EST |
Tuesday | Monday 6:00 PM EST | Tuesday 5:00 PM EST |
Wednesday | Tuesday 6:00 PM EST | Wednesday 5:00 PM EST |
Thursday | Wednesday 6:00 PM EST | Thursday 5:00 PM EST |
Friday | Thursday 6:00 PM EST | Friday 5:00 PM EST |
⏸ No Trading Over the Weekend:
Trading closes Friday at 5:00 PM EST and resumes Sunday at 6:00 PM EST — this is the weekend break.
📌 Example:
Let’s say today is Sunday, October 6th.
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At 6:00 PM EST Sunday, the Monday trading session begins.
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Trading continues until 5:00 PM EST on Monday, when the session ends.
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Even though trading happens across two calendar days (Sunday + Monday), it is one trading day: Monday.
⚠️ Why This Matters:
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Daily loss limits apply per trading day, not calendar day.
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Reset and evaluation logic in prop firm accounts is based on this session timing.
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Be careful trading near the session close (5:00 PM EST) — the market shuts briefly and reopens at 6:00 PM EST.
⚠️ IMPORTANT NOTICE:
All positions must be closed by 4:45 PM EST — no exceptions.
This is to protect against increased volatility, lower liquidity, and potential margin calls during the 4:45–5:00 PM EST maintenance window.
✅ Open positions after 4:45 PM EST may result in disqualification from evaluation or funded status.