New york forex trading hours
The New York Forex trading hours refer to the times when the foreign exchange market is open and active in New York City, which is a major financial hub and a key center for forex trading. Here are the typical New York Forex trading hours:
New York Session:
- Monday to Friday: 8:00 AM to 5:00 PM EST (Eastern Standard Time)
- Summer (DST): 7:00 AM to 4:00 PM EDT (Eastern Daylight Time)
The New York session is considered the most liquid and active session in the global forex market, with many major banks, financial institutions, and individual traders participating in the market during this time.
Overlapping Sessions:
- London Session (8:00 AM to 5:00 PM GMT): overlaps with the New York session from 12:00 PM to 5:00 PM EST (3:00 PM to 8:00 PM GMT)
- Tokyo Session (9:00 PM to 4:00 AM GMT): overlaps with the New York session from 1:00 PM to 4:00 PM EST (6:00 PM to 9:00 PM GMT)
During these overlapping periods, the market can be extremely volatile and liquid, with many traders and institutions participating in the market.
Note:
- These hours are subject to change due to holidays, market closures, or other unforeseen circumstances.
- Some brokers or platforms may have slightly different trading hours or restrictions, so it's essential to check with your broker or platform for specific information.
Keep in mind that the New York Forex trading hours are just one part of the global forex market, which operates 24 hours a day, 5 days a week.