Full analysis of foreign exchange trading time: global market opening and closing time and Aofu advice

globalforeign exchange marketIt is mainly composed of three regions: Asia, Europe and North America. Due to the different time zones of each financial center, the opening and closing times of major trading markets will also vary significantly due to time differences, and they are not uniform with each other.

Opening and closing times of major international foreign exchange markets (subject to Beijing time):

Asian market: 8:00~ 16:00 Beijing time;

European market: 16:00~ 24:00 Beijing time;

North American market: 20:00 Beijing time to 4:00 am the next day.

The specific regional breakdown is as follows:

New Zealand Wellington Foreign Exchange Market: 04:00-12:00 (winter time); 05:00-13:00 (daylight saving time).

Australia Sydney Foreign Exchange Market: 06:00-14:00 (winter time); 07:00-15:00 (daylight saving time).

Tokyo Foreign Exchange Market, Japan: 08:00-14:30.

Singapore foreign exchange market: 09:00-16:00.

London Foreign Exchange Market: 16:30-00:30 (winter time); 15:30-23:30 (daylight saving time).

Frankfurt foreign exchange market: 15:30-00:30.

New York foreign exchange market: 21:20-04:00 (winter time); 20:30-03:00 (daylight saving time).

Hong Kong foreign exchange market: 09:00-16:00.

The foreign exchange market goes round and round, basically forming a continuous 24-hour trading system. Traders can participate in foreign exchange trading at any time except on Saturdays and Sundays when the market is closed and major festivals in various countries. The business hours of the major foreign exchange markets are connected, and large-scale foreign exchange trading in different regions can be carried out continuously in multiple markets, with almost no time limit.

For investors, choosing the best trading hours can refer to the following points: first, the time period where the two foreign exchange trading regions overlap; second, the active trading hours of the London and New York foreign exchange markets; third, the mid-week period (Beijing time Tuesday to Thursday range) is usually a more active period of the week, which is relatively more suitable for trading. Combined with Aofu's sorting of the trading hours, investors can arrange their own operation rhythm more calmly.