Economic Glossary – Market Sessions2019-01-22T11:11:23+00:00

In contrast to other markets, the Forex Market is not limited to a specific area and thus Forex trading sessions do not have a precise schedule. Open and close times follow each session’s local business hours which are also subject to daylight savings time. However, you can find an approximate time schedule of the trading sessions below:

The Asian Session

Following the weekend, activity is first recorded in the Asian markets.  Some of the other countries which are active during this period are China, Russia, New Zealand and Japan.

  Summer time Winter time
GMT Open Close Open Close
Tokyo 0:00 6:00 0:00 6:00
Shanghai 1:30 7:00 1:30 7:00
Singapore 1:00 9:00 1:00 9:00
General 0:00 9:00 0:00 9:00

 

The European Session

As the Asian session ends, activity begins in the European session and the two sessions overlap.

  Summer time Winter time
GMT Open Close Open Close
Frankfurt 7:00 15:30 8:00 16:30
London 7:00 15:30 8:30 16:30
General 7:00 15:30 8:00 16:30

 

The US Session

New York City is the greatest participant of this session. Once it ends there is a brief period of stillness until the Asian session begins again.

  Summer time Winter time
GMT Open Close Open Close
New York 13:30 20:00 14:30 21:00
Chicago 13:30 20:00 14:30 21:00
General 13:30 20:00 14:30 21:00

 

Pacific Session

  Summer time Winter time
GMT Open Close Open Close
Sydney 0:00 6:00 23:00 5:00
Wellington 22:00 4:45 21:00 3:45
General 22:00 6:00 21:00 5:00