When does the market open and close?

The opening and closing time of the foreign exchange market are linked to the trading hours of the world's major financial centers:

1. Opening time (GMT Monday 00:00 / Beijing time 08:00):

   • The Forex market opens at 00:00 (GMT) on Monday, marking the start of a new week. At this time, the Sydney market (Australia) begins trading and the global Forex market is officially open.

2. Closing time (GMT Friday 23:59 / Beijing time 06:00):

   • The foreign exchange market closes at 23:59 (GMT) on Friday, ending the trading week. At this time, the New York market (USA) ends trading and major global markets close one after another.

Main trading sessions:

• Sydney Session (GMT 00:00 - 09:00):

  • Australia's market opening hours usually see lower trading volumes.

• Tokyo Session (GMT 00:00 - 09:00):

  • The Japanese market opened with increased trading volumes, especially in currency pairs related to the yen.

• London Session (GMT 08:00 - 17:00):

  • The main trading session for the European market, with the highest trading volume and many important economic data releases.

• New York session (GMT 13:00 - 22:00):

  • The US market is open, and with the European market closed, the trading volume remains high. A large amount of economic data is released at this time, which has a significant impact on the market.

These time periods reflect the interaction of global financial markets. Due to its 24-hour trading nature, the foreign exchange market allows trading activities in various time periods to be seamlessly connected.