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Trading hours in the FOREX market

Trading hours in the FOREX market

Trading hours in the FOREX market are divided into four sessions: Sydney hours, Tokyo hours, London hours, and New York hours. Following is a schedule of the opening and closing hours for each market:

Summer
Time Zone Greenwich Mean Time GMT
Sydney Open 10:00pm
Sydney Close 07:00am
Tokyo Open 11:00pm
Tokyo Close 08:00am
London Open 07:00am
London Close 04:00pm
New York Open 12:00pm
New York Close 09:00pm

Winter
Time Zone Greenwich Mean Time GMT
Sydney Open 09:00pm
Sydney Close 06:00am
Tokyo Open 11:00pm
Tokyo Close 08:00am
London Open 08:00am
London Close 05:00pm
New York Open 01:00pm
New York Close 10:00pm

As the schedule shows, there are always some trading hours overlapping for two markets. These hours are the busiest trading time in a day with much greater trading volumes, as most investors choose to trade during such hours.