Here’s everything you need to know about market trading hours:
- Trading sessions
- Trading on weekends and holidays
- Market working hours for various instruments
- Rollover period
- Holiday market hours
The forex market is a decentralized international market with no geographical borders and functions around the clock, five days a week.
As one major international trading center closes, another one opens, meaning that you can trade forex 24/5. There are some markets that overlap and the highest volume of trading activity usually takes place during those periods of time as there are more trading opportunities.
Daylight savings and the forex market
Due to the fact that many countries shift to Daylight Savings Time (DST) in the summertime, market opening and closing hours change in the summer and winter months.
At Exness, we observe the dates of US Daylight Savings Time (DST). Let us take a look at the table below to understand what periods are considered summer and winter.
|Summer||Second Sunday in March||First Sunday in November|
|Winter||First Sunday in November||Second Sunday in March|
International trading sessions
The table below lists the opening and closing hours of the major international trading sessions for both summer and winter. Note that our server time is GMT+0.
|Open - Close||Open - Close|
|Asia||Tokyo||00:00 - 08:00||00:00 - 08:00|
|Hong Kong/Singapore||01:00 - 09:00||01:00 - 09:00|
|Europe||Frankfurt||06:00 - 18:00||07:00 - 19:00|
|London||08:00 - 16:30||08:00 - 16:30|
|America||New York||13:30 - 20:00||14:30 - 21:00|
|Chicago||13:30 - 20:00||14:30 - 21:00|
|Pacific||Wellington||22:00 - 05:00||21:00 - 04:00|
|Sydney||00:00 - 06:00||23:00 - 05:00|
Trading on weekends and public holidays
Trading is usually unavailable during the weekend for most instruments although the exact timings may vary. You may refer to the individual pages for each instrument group to find specifics.
For public holidays, refer to our article here.
Market working hours for various instruments
Exness is open for trading 24/5*. Here are our trading times for various instruments and asset classes for both summer and winter:
- Trading hours for forex currency pairs
- Trading hours for Metals
- Trading hours for Cryptocurrencies
- Trading hours for Indices
- Trading hours for Energies
- Trading hours for Stocks
Please note that for some instruments there is a daily break during which quotes and trading are unavailable.
Rollover is when open spot trades are rolled over from one day to the next, without settling them. It results in downtime from any institution that trades these instruments; tier 1 banks, smaller banks, ECNs, other liquidity providers, etc.
- During the rollover, liquidity is drained from the markets, resulting in wider spreads. This can be expected during all rollovers.
- Rolling trades over to the next day incurs an overnight charge equal to the difference in respective interest rates, which is more commonly known as swap.
- Rollover happens every week, from Sunday to Thursday at 21:00 GMT+0 in the summer and at 22:00 GMT+0 in the winter.
Here at Exness, we usually define rollover as a period of 1-2h. Nevertheless, depending on the instrument in question, lower liquidity can continue for hours.
Note: Gold (XAUUSD) is not as affected by this because it's not open for trading during this time. It might have thinner liquidity than usual around the forex rollover.
*Trading on some instruments like cryptocurrencies is available throughout the week, even during weekends. Please check timings for individual instruments before you start trading.