The FTSE (Financial Times Stock Exchange) and DAX (Deutscher Aktienindex) are major European stock market indices. Here are their respective opening times in Eastern Standard Time (EST):
- FTSE: The London Stock Exchange, where the FTSE is listed, opens at 8:00 AM GMT, which is 3:00 AM EST.
- DAX: The Frankfurt Stock Exchange, where the DAX is listed, opens at 9:00 AM CET, which is 3:00 AM EST (during standard time) or 2:00 AM EST (during daylight saving time, as CET is one hour ahead of GMT).
So, both markets open at 3:00 AM EST, aligning with the time in New York.