There are some restrictions on what time you can trade.

TradeDay is a day trading company, as such, we require traders to close any open positions 10 minutes before the market closes.

Traders carrying open positions when the market closes will fail the Evaluation Challenge.

To avoid a breach of this rule we strongly advise closing all open positions and deleting all orders in the order book at least 10 minutes before the market is due to close.

For example, if you are trading crude oil, the market closes daily at 4 pm CT, close all positions, and delete all orders in your order book, before 3.50 pm CT.

Trading session definition.

For CME products, a trading session is defined from the opening of the market at 5 pm CT  through to the close the next day.  Any trading taking place during this session is considered a day.

For example, if you place a trade in the ES at 6 pm on Wednesday and again at 3 pm on Thursday, these are part of the same trading day, and the Evaluation metrics are calculated off this. 

Different products have different closing times.

For example, agricultural products close earlier than most of the other CME Group products.

It is your responsibility to know when the product you are trading closes. Any trader that has an open position when their market closes fails the Evaluation Challenge. 

For a list of market closing times please see the CME groups website here:

https://www.cmegroup.com/trading-hours.html (opens in a new tab)

Also, please be aware of any trading holiday market closures or shortened sessions. We will do our best to forewarn you of any impending changes to a market closing time on our site, but it is the trader鈥檚 responsibility to be aware of any changes to their own products.

https://www.cmegroup.com/tools-information/holiday-calendar.html (opens in a new tab)

Trading generally resumes after 5 pm CT. Overnight trading is allowed, but any open positions must be closed before the market closes the next day.

For example: If you open a crude oil position at 5.30 pm CT on Tuesday, it must be closed before 3.50 pm CT on Wednesday.

For funded traders, we require all open positions to be closed 10 minutes before the close. Any open positions at 3.50pm CT will be liquidated by TradeDay, and trading will be shut down until the market re-opens for the next trading session.