![]() ![]() Forex trading (exchange of currencies) does not occur in a centralised location but rather between participants via phone, online mediums and electronic communication networks (ECNs). The FX market is the largest financial market in the world. As trading around the clock would be near impossible, forex traders tend to focus their energy on specific sessions or time periods. The opening time of the forex market depends on which of the four forex trading sessions youre interested in. Why are the forex market's trading times important? ![]() Unlike stock markets, which are closed at a specific time of day, orders in the forex market are executed over-the-counter. The worldwide foreign currency market is open 24 hours a day, five days a week. Optimal times to trade the forex market are when the market is most active, which is often when the trading hours of major regions overlap. ![]() The foreign exchange market, or forex, is a global decentralized market. When forex trading sessions overlap, volatility might spike. Sessions occasionally overlap, such as a four-hour high-activity period in Europe and North America.The overlap between London and New York sessions is considered the busiest trading session as it has the highest trading volumes.Forex trading is normally divided into four sessions: Sydney, Tokyo, London, and New York.Unlike stock markets, forex markets are open 24/5, from Sunday evening to Friday night. ![]()
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