When investing in bonds, you can buy the bond directly from the underwriter or financial institution, or you can buy -- and sell -- bonds on a bond market exchange. If you want to trade a bond on a market exchange, you're limited to the trading hours of the exchange that you're using. Bonds typically trade from as early as 9 a.m. to as late as 5:30 p.m. in the time zone where the exchange is located, but each exchange has its own schedule.
U.S. Stock Exchanges
If you use an online broker, you can usually log on any time, day or night, to access your account and review your bond information. However, you'll only be able to execute trades when the exchanges are open. In the United States, you can trade bonds on the New York Stock Exchange or the Nasdaq. The trading hours for both the New York Stock Exchange and the Nasdaq are 9:30 a.m. to 4 p.m. Eastern Standard Time.
You also have the option to trade bonds on foreign stock exchanges. The Hong Kong Stock Exchange supports trading from 9:30 a.m. to 4 p.m. Hong Kong Time, excluding public holidays. Euronext -- a pan-European stock exchange that operates regulated markets in Belgium, Portugal, France, Netherlands and the United Kingdom -- has similar hours. You can trade bonds on Euronext from 9 a.m. to 5:30 p.m. Central European Time with the exception of six holidays. Euronext has physical locations in Amsterdam, Brussels, Lisbon and Paris.