by http://lforex.
FOREX MARKET HOURS
At 7:00 pm Sunday, New York time, trading begins as
markets open in Tokyo,
Japan. Next, Singapore and Hong Kong open at 9:00 pm
EST, followed by the
European markets in Frankfurt (2:00 am), and then
London (3:00 am). By 4:00 am,
the European markets are in full swing, and Asia has
concluded their trading
day. The U.S. markets open first in New York around
8:00 am Monday, as Europe
winds down. Australia will take over around 5:00 pm,
and by 7:00 pm Tokyo is
ready to re-open.
All times are quoted in Eastern Standard Time (New
York).
FX or Forex, currency trading is the trading of one
currency against another. In
terms of trading volume, the currency exchange market
is the world's largest
market, with daily trading volumes in excess of $1.5
trillion US dollars. This
is orders of magnitude larger than the bond or stock
markets. The New York Stock
Exchange, for example, has a daily trading volume of
approximately $50 billion.
by http://lforex.
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