The spot FX market is unique within the world markets. It’s like a Super Wal-Mart where
the market is open 24-hours a day. At any time, somewhere around the world a financial
center is open for business, and banks and other institutions exchange currencies every
hour of the day and night with generally only minor gaps on the weekend.
The foreign exchange markets follow the sun around the world, so you can trade late at
night (if you’re a vampire) or in the morning (if you’re an early bird). Keep in mind though,
the early bird doesn’t necessarily get the worm in this market - you might get the worm but
a bigger, nastier bird of prey can sneak up and eat you too…
Time Zone New York GMT
Tokyo Open 7:00 pm 0:00
Tokyo Close 4:00 am 9:00
London Open 3:00 am 8:00
London Close 12:00 pm 17:00
New York Open 8:00 am 13:00
New York Close 5:00 pm 22:00
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