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.