Trading eminis?

Question

I want to trade nasdaq and s&p eminis but I don't understand the trading times.

I keep hearing that eminis are traded for 23 hours per day?

So does that mean I can trade eminis for 23 hours? What are the opening times of eminis?

Answer 1

They trade around the clock on weekdays except for every day between 1:15pm to 1:30 pm (pacific time) for a 15 minute maintenance.

There is no trading over the weekends from Friday 1:15 pm until Sunday 3:00 pm (pacific time).  

Be aware that volume dies down when the markets stop trading (after 1:00 pm).  The bid/ask spread can also increase dramatically (specially on the Nasdaq).  Prices can also be pushed up/down rather quickly due to lack of liquidity, so amateurs always get stopped during these times.