24/7 trading

24/7 trading means a contract keeps trading through nights, weekends and holidays while the underlying exchange is shut. The price you see then is the venue's, pulled toward the last official close by funding and the band, and it is the reason a US stock can be traded from India at 2 AM, in rupees.

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In the help centreLearn what a perpetual contract is on Mochatrade
  • Price band (discovery bounds)A price band, or discovery bound, is the limit a venue puts on how far a perpetual can move from its last reference…
  • Oracle priceThe oracle price is the outside price a perpetual is pulled toward, taken from where the asset really trades. When the…
  • Real-world asset (RWA)A real-world asset is a physical or financial thing, gold, oil, a US share, whose price you can hold a claim on and…
  • Last traded priceThe last traded price is the most recent trade on the venue's own book, the one the chart shows. You never trade at…
  • Gap up and gap downA gap is a price opening far from where it last traded, with nothing in between. US stocks gap at 7:00 PM IST because…
  • Closing auction (official close)The closing auction is the single matched trade at 1:30 AM IST, 2:30 AM in winter, that sets each US stock's official…

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.

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