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Schedule

Trading Calendar

Trading Days under the ALSE Regulation

A trading day, under the ALSE exchange Regulation, is considered to be any day scheduled for trading. As of 26.04.2022, trading of securities listed on the ALSE Exchange will no longer take place two days a week (Tuesday and Thursday), but every working day (Monday – Friday), during the official hours of 10:00 – 14:00.

An exception will be made only in special cases such as official holidays, extraordinary events, etc. Any change regarding trading days will be made public through an official notice, following approval of such change by the Supervisory Council of the ALSE exchange.

Announcement of Trading Days

Trading Days for each given calendar year are announced by ALSE in a Notice published no later than the last Trading Day of the preceding year. As of 26.04.2022, trading of securities listed on the Albanian Securities Exchange ALSE is possible every working day (Monday – Friday), during the official hours of 10:00 – 14:00.

Official trading hours

10:00 – 14:00

Monday – Friday, every working day

MonTueWedThuFri

* In cases where an official holiday falls on the weekly rest days (Saturday and/or Sunday), the day off is moved to the following working days (Monday and Tuesday).

National Holidays — 2026

Below are the dates of official holidays for the year 2026. The Albanian Securities Exchange ALSE is closed on 16 March, 23 March, 6 April, 13 April, 7 September, 23 November, 30 November and 1 December 2026.

Date Holiday / Event Note
01 January 2026 New Year’s Holidays
02 January 2026 New Year’s Holidays
14 March 2026 Summer Day *
20 March 2026 Eid al-Fitr (Bajram) **
22 March 2026 Nevruz Day *
05 April 2026 Catholic Easter Sunday *
12 April 2026 Orthodox Easter Sunday *
01 May 2026 International Workers’ Day
27 May 2026 Eid al-Adha (Kurban Bajram) **
05 September 2026 Feast of the Canonization of Saint Teresa *
22 November 2026 Alphabet Day *
28 November 2026 Flag and Independence Day *
29 November 2026 Liberation Day *
08 December 2026 National Youth Day
25 December 2026 Christmas
* In cases where an official holiday or holidays fall on the weekly rest day(s) (Saturday and/or Sunday), the day off is moved to the following working day(s) (Monday and Tuesday). ** Note: The dates of Eid al-Adha (Kurban Bajram) and Eid al-Fitr (Bajram i Madh) may vary according to the lunar calendar. Should there be any changes, notice will be given through a second announcement.

Sessions

Trading Hours

On the designated trading days, the ALSE exchange will enable securities trading sessions from 10:00 to 14:00, covering all trading processes according to the best international standards: pre-trading, trading, closing trading, and post-trading.

  • 08:00 – 10:00

    Pre-Trading

    A 120-minute opening session is held at the start of each Trading Day before continuous trading begins. Order management in the Central Order Book (COB) is possible, but trade execution is not possible.

  • 10:00 – 13:45

    Main Trading Session

    Following the end of the opening session, trading takes place based on the Continuous Trading Method during the main trading phase, in which order management and trade execution are both possible. Every incoming order is immediately checked for possible execution against orders on the other side of the COB.

  • 13:45 – 14:00

    Closing Trading

    With the exception of certain security types designated by ALSE, a 15-minute period is allowed at the end of a Trading Day, during which orders may be entered for execution at the last traded price.

  • After 14:00

    Post-Trading

    All transactions negotiated and carried out outside the ALSE exchange's official trading session are called Off-Exchange trades. These are reported during official trading days within the schedule set for the off-exchange trading phase (OFF1 and OFF2), or on any other working day during official hours 9:00 – 17:00 with prior notice.

Reporting of off-exchange trades

All transactions negotiated outside the official trading session must be reported:

  • during official trading days, within the schedule set for the off-exchange trading phase (OFF1 and OFF2);
  • on any other working day during official business hours 9:00 – 17:00, provided the exchange is notified in advance of this report, using officially recognized electronic means (phone and e-mail).
Note: Currently, no security is traded on the Albanian Securities Exchange ALSE using the Auction trading method.