One of features of Forex market is the working 24 hours daily , it's unlike stock market for time period every day which open in the morning and close in the evening , for example : if you want trading in american companies stocks , you can't buy or sell unless New York stocks exchange open in 9 AM : 4 PM , every stocks market in around the world has the same thing about stocks market times
In Forex market and because there is no specified central place and because all trading in Forex by internet .the work in Forex market doesn't stop 24 hours a day every week except Saturday and Sunday
The banks and financial institutions in Japan open their doors , and the trading starts in 12 PM (GMT) and the Japanese institutions close in 9 AM (GMT) , but the trading doesn't stop because when the Japanese and Asian institutions closed in Tokyo and Singapore the European institutions open in London , Frankfurt and Paris , when the Europeans institutions closed the american market start working when it closed the Australian institutions start trading when they closed the Japanese and Asian institutions start a new day
No comments:
Post a Comment