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As the year comes to an end, the global financial markets today have hit the pause button directly. Many exchanges have collectively closed early for the holiday, and this "early year-end departure" trend has put the entire financial industry into a shutdown mode.
Starting with Asia, the situation is most straightforward—Japan and South Korea's stock markets are closed all day, not leaving any trading hours; Australia is even more proactive, closing at 11:10 AM Beijing time, making it the most active "early quitter." Although the Hong Kong stock market didn't close all day, it also chose to close casually in the afternoon, with trading stopping between 12:08 and 12:10 in just a few minutes.
European markets are similar. Germany and Italy are completely closed all day, giving traders no room for thought; France, the UK, and Spain finished early between 8 and 9 PM, with precise timing down to the minute. For traders, this means the European session today is basically a formality.
Domestic futures exchanges are no exception. The Chinese futures market canceled night trading today, allowing those who monitor the markets to finally breathe a sigh of relief, no longer staying up late in front of screens.
The US stock market is relatively "dedicated," but it hasn't fallen behind either. US Treasury futures only maintain trading from 3 PM to 3:30 AM tomorrow, giving traders enough time to attend New Year’s Eve parties and events.
Ultimately, on the last day of 2025, the global financial markets are saying "goodbye" to the old year in this way. Early market closures instead allow participants to confidently celebrate the New Year without being bound by the trading screens. For cryptocurrency traders, this is also a reminder—confirm the trading hours of your exchange and tokens to avoid missing important market windows.