Tel Aviv Stock Exchange Hours: The 2026 Trading Schedule

The Tel Aviv Stock Exchange runs its main trading session from around 10 AM to mid-afternoon local time Monday through Thursday, with a shortened Friday close earlier in the day. Starting in 2026, Friday shifts from a rare trading day to a regular one, as TASE moves to a Monday through Friday schedule to better align with global markets, according to Reuters.

That’s the baseline. But the exchange also closes fully, or shortens its day, around Hebrew-calendar holidays like Passover, Sukkot, and Yom Kippur, and those dates shift every year because the Hebrew calendar doesn’t map cleanly onto the Gregorian one. If you’re trading Israeli securities, coordinating a settlement, or advising a client on a cross-border deal, you need to check the actual date against TASE’s calendar every time, not rely on memory from last year.

A few things to check before you place an order on TASE:

• The exact day of the week and whether it falls near a Jewish holiday
• Whether the security you’re trading follows the standard schedule or a product-specific one
• The TASE Trading and Vacation Schedules page, which is the exchange’s own authoritative calendar

Quick fact: TASE’s main session runs from mid-morning to mid-afternoon Monday through Thursday, with an earlier Friday close, and a brief pre-market window starting in the morning.

Key Takeaways

TASE trades Monday through Friday as of 2026, with standard hours of 9:59 AM to 5:14 PM (Thursday) and 9:59 AM to 1:34 PM (Friday), but Hebrew-calendar holidays still create full closures and half-days that require checking TASE’s official calendar directly.

What Are the Regular Tel Aviv Stock Exchange Hours?

A normal trading week on TASE looks fairly close to what you’d expect from other major exchanges, once you account for the local timezone and the Friday shortened close. Pre-market opens around 9:25 AM, continuous trading runs from roughly 9:59 AM until either 5:14 PM or 1:34 PM depending on the day, and there’s a brief post-market window on most trading days.

Here’s how a standard week breaks down, based on session data from TwelveData’s exchange listing:

All of these times are local, in the Asia/Jerusalem timezone, labeled IST (Israel Standard Time) in winter and IDT (Israel Daylight Time) in summer. That distinction matters if you’re setting alerts or scheduling trades from abroad, because the UTC offset changes depending on the time of year.

A few practical notes worth keeping in mind:

• The pre-market window (roughly 9:25 to 9:59 AM) isn’t a free-for-all. It’s a structured phase where orders accumulate before the opening auction sets the day’s first price.
• Friday’s shortened close became a permanent fixture of the weekly rhythm once the exchange adopted five-day trading starting in 2026 rather than the occasional special session it used to be.
• Settlement and clearing deadlines don’t always follow the same clock as the trading session, so don’t assume your trade settles at market close.

If you’re doing anything time-sensitive, whether that’s an options expiry, a large block trade, or a legal transaction tied to a specific settlement date, treat TASE’s own trading and vacation schedule as the final word. Third-party listings are useful for quick reference, but the exchange updates its own calendar first when anything changes.

How Do the Different Trading Phases Work?

TASE doesn’t just flip from “closed” to “open.” The trading day moves through distinct phases, and knowing which one you’re in changes how your order actually behaves.

Pre-open runs from around 9:25 AM until the opening auction. During this window, the system collects buy and sell orders but doesn’t execute them. Prices you see are theoretical, calculated from the order book, not tradable quotes.

Opening auction is where all the accumulated pre-open orders get matched at a single price designed to maximize the volume that can trade. This is a batch process, not continuous matching, and it’s the moment that sets the day’s opening print.

Continuous trading is the main event, the bulk of the session where buy and sell orders match in real time as they arrive. This is what most people picture when they think of a stock exchange in motion.

Pre-close is a short window before the final bell where the system again shifts to auction-style matching to set a fair closing price, rather than letting the last trade of the day (which can be thin and volatile) define the close.

Close locks in the final auction price, which becomes the official closing price used for index calculations, margin requirements, and end-of-day reporting.

One detail that catches traders off guard: TASE’s own schedule notes that certain phase start-times operate within a short window rather than a fixed second, giving the exchange operational flexibility to manage order flow. Don’t assume the opening auction fires at exactly 9:59:00 every single day.

• Pre-open: roughly 9:25 AM, order accumulation only
• Opening auction: sets the first tradable price of the day
• Continuous trading: real-time matching, the bulk of the session
• Pre-close: brief auction phase to set a stable closing price
• Close: final price locked for the day

Pro Tip: If you’re placing a limit order that you want filled at the open, submit it during the pre-open window rather than waiting for continuous trading to start. Market orders entered right at the bell can get worse fills than orders that participated in the opening auction, especially in less liquid names.

Do Trading Hours Differ by Security Type?

Not every instrument on TASE follows the identical clock. Equities are the default reference point, but bonds, T-Bills, ETFs, and derivatives each carry their own quirks worth checking before you trade.

Equities, split into TASE’s index-based groupings, generally follow the standard hours described above, with a morning pre-open, and trading sessions lasting into the afternoon, but with earlier close on Fridays. Corporate bonds and government T-Bills largely mirror the equity schedule but can carry different auction mechanics given lower intraday turnover in some issues. Locally listed ETFs typically track the standard session too, but here’s the catch: some ETFs that track foreign indices may not trade, or may trade with wider spreads, on days when their underlying market is closed abroad, even if TASE itself is open. Derivatives, including options and futures on the TA-35 and other indices, often have their own settlement and expiry calendars layered on top of the standard session.

That foreign ETF wrinkle deserves its own callout. TASE itself notes that some products listed locally may not trade, or may behave unusually, around international holidays like December 25, December 26, January 1, or Easter Monday, even though the Israeli exchange is open for business that day. If you hold an ETF tracking the S&P 500 or a European index, don’t assume it trades normally just because TASE’s lights are on, according to TASE’s own scheduling notes.

The safest habit is to check the specific product page for whatever you’re trading before assuming the standard hours apply. TASE maintains separate subpages and downloadable schedules for equities, fixed income, and derivatives precisely because the rules diverge enough to cause execution errors if you guess.

When Is TASE Closed for Holidays or Half-Days?

Holiday closures on TASE follow the Hebrew calendar, not the Gregorian one, which means the actual dates shift every year and don’t line up with Western market holidays like Christmas or Thanksgiving. The exchange’s board sets the official calendar annually, and that calendar is the only reliable source, since the underlying dates move relative to the standard calendar most international traders use.

A handful of Hebrew-calendar events consistently affect the trading day. Passover typically brings both a full closure and at least one shortened session. Sukkot follows a similar pattern with a mix of closures and half-days across its multi-day observance. Yom Kippur is a full closure. Memorial Day and Independence Day, observed back to back in the spring, typically bring a full closure as well. Purim has historically been a full closure day, according to holiday-tracking sources like Market-Holiday’s TASE calendar.

Here’s a representative sample of how holiday impact typically breaks down, though you should always confirm exact dates against TASE’s own calendar since these shift year to year:

A statistic worth remembering: Roughly a dozen sessions a year on TASE deviate from the standard schedule due to Hebrew-calendar holidays, according to holiday calendar data compiled by TASE and third-party trackers.

Half-days deserve extra caution beyond just knowing the closing time is earlier. Liquidity tends to thin out well before the shortened close, spreads widen, and large orders can move prices more than they would on a normal day. If you’re managing a position size that matters, consider breaking up orders and avoiding market-on-close instructions on these sessions. A limit order with a bit more room than usual is often the safer play when volume dries up early.

• Full closures cancel trading entirely for the day.
• Half-days shorten the session but don’t change the pre-open or auction mechanics.
• Liquidity and spread risk increase on half-days, especially in the final hour.
• Dates shift annually, so bookmark the current year’s calendar rather than reusing last year’s dates.

How Do You Convert TASE Hours to UTC and Other Markets?

TASE runs on Asia/Jerusalem time, which sits at UTC+2 during standard time (roughly late October through late March) and UTC+3 during daylight saving (roughly late March through late October). The shift happens on different dates than US and European daylight saving changes, which occasionally creates a temporary one-hour mismatch with London or New York for a week or two each spring and fall.

During Israel Daylight Time, TASE’s main session (9:59 AM to 5:14 PM local) translates to roughly 6:59 AM to 2:14 PM UTC. That lines up with roughly 7:59 AM to 3:14 PM in London and 2:59 AM to 10:14 AM in New York, though you should always double check against the current date since US and Israeli daylight saving transitions don’t move in lockstep.

The Friday shortened close at 1:34 PM Israel time lands around 10:34 AM UTC during daylight saving, or roughly 5:34 AM New York time. If you’re coordinating a trade or a legal closing that touches both the Israeli and US markets, that early New York hour is worth building into your schedule ahead of time rather than discovering it the morning of.

Pro Tip: Set your calendar app or trading platform to display TASE’s local time zone directly rather than mentally converting every session. Most platforms let you pin a second clock, and that small habit prevents the classic mistake of miscounting the daylight saving offset during the transition weeks.

How Can You Check If TASE Is Open Right Now?

The most reliable way to confirm live market status is TASE’s own Trading and Vacation Schedules page, which lists the current year’s holidays, half-days, and any board-approved schedule changes. This is the page to check first, especially around any Hebrew-calendar holiday, since the exchange updates it directly when the board approves changes.

Third-party aggregators like Tradinghours offer a useful secondary check, especially if you want a quick session-time reference without digging through TASE’s own calendar pages. These sites are generally well maintained, but they’re still a step removed from the source, and holiday data tied to the Hebrew calendar is exactly the kind of detail that can go stale between updates.

A fast three-step check before placing any order:

• Confirm today’s date isn’t a Hebrew-calendar holiday on TASE’s own calendar.
• Check whether it’s a half-day (Friday, or a holiday-adjacent session).
• If you’re trading a specific ETF or derivative, verify its own listing notes for product-specific exceptions.

Cached holiday data is one of the most common ways international traders get caught off guard. A third-party calendar that hasn’t been refreshed since last year’s Passover dates will confidently tell you the market is open when it isn’t.

What Changed With the 2026 Monday-to-Friday Move?

Israeli regulators approved a shift to five-day, Monday through Friday trading on TASE, a change announced in late 2024 and effective at the start of 2026, according to Reuters. Before the change, TASE historically traded Sunday through Thursday, a schedule tied to Israel’s weekend falling on Friday and Saturday rather than Saturday and Sunday.

The move aligns Tel Aviv’s trading calendar with the same weekday pattern used by New York, London, and most other major exchanges, reducing the cross-weekend mismatches that used to complicate settlement timing for international investors.

The change doesn’t eliminate the Hebrew-calendar holiday closures described earlier. It simply makes the weekly rhythm predictable again for anyone used to a standard Western trading week. If you’re a US-based investor who used to double-check whether Sunday was a trading day in Tel Aviv, that particular headache is gone. The Passover and Sukkot exceptions still apply exactly as before.

Quick fact: The switch effective at the start of 2026 replaced TASE’s traditional Sunday through Thursday week with a Monday through Friday schedule, matching the weekday pattern of most global exchanges.

Practical Tips for Trading Across Time Zones

A few habits go a long way toward avoiding execution mistakes when you’re trading TASE from outside Israel.

• Check the specific security’s listing notes on TASE before assuming standard hours apply, especially for ETFs and derivatives.
• Avoid market-on-close orders on half-days and holiday-adjacent sessions, since thin liquidity can produce worse fills than expected.
• Size orders smaller on days with reduced trading hours to limit your exposure to wider spreads.
• Confirm settlement cutoff times with your broker before any trade that falls near a holiday closure, since settlement conventions don’t always follow the same clock as the trading session.

The foreign ETF issue is worth repeating in this context because it trips up even experienced investors: a TASE-listed ETF tracking a foreign index may pause or trade oddly on that index’s home-market holidays, creating a tracking gap even when TASE itself is running a normal session.

Pro Tip: On any session adjacent to a Hebrew-calendar holiday, widen your limit order buffers by a bit more than you normally would. Thin liquidity means the difference between a filled order and a missed one often comes down to a few extra cents of room.

Why Menora Law Tracks TASE’s Trading Calendar

Menora Law checks TASE’s trading and settlement calendar as a matter of routine whenever a matter involves timing, whether that’s a real estate closing tied to a fund transfer, an inheritance case involving publicly traded assets, or a cross-border business transaction with a settlement deadline. Getting the calendar wrong by even a day can delay a closing or complicate a client’s tax position.

Menora Law works with clients across the United States who need Israeli legal representation without traveling to Israel, and fast, clear communication matters when a transaction’s timing intersects with market or settlement schedules. If your legal matter touches Israeli assets, Menora Law can help you coordinate the timing correctly.

If your reason for tracking TASE’s calendar goes beyond trading, say you’re settling an estate that includes Israeli securities, or you’re an heir trying to understand what happens to a relative’s brokerage holdings under Israeli succession law, that’s a legal question, not just a scheduling one. Menora Law represents American and other international clients through Israeli inheritance law matters, including cases where publicly traded assets on TASE are part of the estate. The firm handles probate and estate administration remotely, coordinating with courts and financial institutions in Israel while you stay wherever you are. If you’re dealing with an estate, a disputed inheritance, or need someone to manage the Israeli side of a cross-border legal matter, reach out to Menora Law directly rather than trying to piece together the process on your own.

Sources

• TASE Trading and Vacation Schedules
• Tel Aviv Stock Exchange (XTAE) — Trading Hours, Symbols, and Data Coverage
• Tradinghours

FAQ

Is the Tel Aviv Stock Exchange open right now?

Check TASE’s own Trading and Vacation Schedules page for real-time confirmation, since the answer depends on the current day of the week, the time of day in Israel, and whether it’s a Hebrew-calendar holiday.

Are markets open on December 31?

TASE typically trades on the last day of the Gregorian year since it isn’t a Hebrew-calendar holiday, but always confirm against the current year’s calendar since the day of the week it falls on affects the session length.

What holidays is the stock market closed on in 2026?

TASE’s 2026 closures follow the Hebrew calendar and typically include Purim, Passover (multiple days, mixing full closures and half-days), Yom Kippur, Sukkot, and Memorial and Independence Day, with exact dates confirmed on TASE’s official calendar.

Can I invest in the Tel Aviv Stock Exchange?

Yes, international investors can trade TASE-listed securities, generally through a broker with access to the Israeli market, though anyone with legal or estate matters tied to those holdings should confirm the applicable Israeli legal framework with qualified counsel.

Why did TASE change its trading days in 2026?

Israeli regulators approved the shift to Monday through Friday trading to align TASE’s weekly schedule with major global exchanges, reducing scheduling mismatches for international investors, according to Reuters.

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