Major international opening and closing hours (Beijing time) : 1. Wellington Market, New Zealand: 04:00-12:00 (winter time); 2.
05:00-13:00 (daylight saving time).
2. Sydney Foreign Exchange Market, Australia: 06:00-14:00 (winter hours);
07:00-15:00 (daylight saving time).
3. Tokyo Foreign Exchange Market, Japan: 08:00-14:30 (winter);
08:00-14:30 (Daylight Saving Time) 4. Frankfurt Foreign Exchange Market, Germany: 15:00-22:00 (Daylight Saving Time);
16:00- 23:00 (winter time).
5. London Foreign Exchange Market: 16:30-23:30 (Daylight Saving Time);
17:30-00:30 (winter time).
6. New York Foreign Exchange Market: 20:00 — 03:00 (Daylight Saving Time);
21:00-04:00 (winter time) is an economic term, which also refers to a 24-hour market. The most obvious difference between it and other trading markets is the continuity in time and the non-constraint in space.
Foreign exchange traders in China have a time advantage that no other time zone can match.
