What are the trading hours in the foreign exchange market?

2024-06-17 2471

I believe many novice forex traders who have just entered the forex market will have a question. The trading hours in the forex market are 24 hours a day, so there is no need to rest? Since the foreign exchange market is traded 24 hours a day, why do some countries still have restrictions on their foreign exchange trading hours?

The 24-hour trading hours in the foreign exchange market represent the continuous start of foreign exchange trading in various regions. According to their operating hours, it is usually after the end of one market and the start of trading in another market. These markets are connected through advanced communication and computer networks, and investors who engage in foreign exchange trading can trade in the trading markets of various countries, forming a globally integrated national foreign exchange market that operates all day. If it is Beijing time as the standard, starting from early morning is Wellington time in New Zealand until the end of early morning on the West Coast of the United States, during which markets from Australia, Asia, and several continents to North America are connected. Regardless of the time, traders can find suitable trading times. The specific foreign exchange trading market times for each country are as follows:

Wellington Market, New Zealand: This market is divided into winter time and summer time, with winter time from 4am to 12am Beijing time; Summer time is from 5am to 13am.

Sydney Market, Australia: Both winter time and summer time are available, with winter time from 6am to 14pm Beijing time; Summer time is from 7am to 15pm.

Tokyo Market, Japan: There is no distinction between winter time and summer time, and the time is from 8am to 3:30pm.

Beijing and Hong Kong markets in China: 10am to 17:30 pm.

Frankfurt Market, Germany: Regardless of winter and summer time, from 3:30pm to 23pm. It can be seen from here that time has already caught up with the Tokyo market in Japan.

The London market in the UK is divided into summer time and winter time, with winter time from 4:30 pm to 23:30 pm Beijing time; Summer time is from 17pm to 12:30am.

The New York market in the United States operates from 9:30pm to 3am during daylight saving time; During winter time, it is from 22:00 to 4am.

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