London new york overlap forex time
London and New York are two of the world's major financial centers, and they have a significant overlap in their trading hours. Here's a breakdown of the overlap:
London Trading Hours:
- London's main trading session is from 8:00 AM to 5:00 PM GMT (Greenwich Mean Time), which is equivalent to 3:00 AM to 12:00 PM EST (Eastern Standard Time) during standard time and 2:00 AM to 11:00 AM EST during daylight saving time.
New York Trading Hours:
- New York's main trading session is from 9:30 AM to 4:00 PM EST (Eastern Standard Time), which is equivalent to 2:30 PM to 9:00 PM GMT during standard time and 1:30 PM to 8:00 PM GMT during daylight saving time.
Overlap:
- The overlap between London and New York trading hours is from approximately 1:00 PM to 4:00 PM EST (6:00 PM to 9:00 PM GMT), which is when both markets are open and trading simultaneously.
- During this overlap period, you can expect high liquidity and trading volumes, as well as a wider range of currency pairs and instruments to trade.
Forex Trading Hours:
- The forex market is open 24 hours a day, 5 days a week, but the London-New York overlap is considered the most active and liquid period.
- The overlap period is ideal for trading major currency pairs, such as EUR/USD, USD/JPY, and GBP/USD, as well as other popular pairs like AUD/USD and NZD/USD.
Keep in mind that while the London-New York overlap is the most active period, there are other times when the markets are still open and trading, such as:
- Tokyo's trading session, which overlaps with London's morning session
- Sydney's trading session, which overlaps with New York's evening session
- Other regional markets, such as Hong Kong, Singapore, and Frankfurt, which have their own trading hours and overlap with other markets.
It's essential to consider these overlap periods when trading forex, as they can impact market conditions, liquidity, and trading opportunities.