Trading
Trading hours and re-anchoring
Graybook trades 24/7. When an underlying market reopens, its perpetual snaps back to the official price.
1 min readUpdated Published
Graybook trades 24 hours a day, 7 days a week, across every book: index futures, commodities, U.S. equities, crypto and forex.
When the underlying market is closed
When an underlying market closes, over a weekend or a holiday, its perpetual keeps trading and can drift with the flow of orders on Graybook. You can open, manage and close positions as usual.
Re-anchoring at the open
The moment the market reopens, the perpetual is re-anchored to its official exchange price. If the market gapped while it was closed, the perpetual gaps with it, and any drift during the closed hours is undone in one move.
What it means for open positions
Planning around it
Know when the underlying market of each contract you hold opens next, and leave room between your stop and the account's max loss for a gap. The research panel's seasonality by hour and weekday shows when a contract tends to move.
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