Subject to available liquidity, trading is open from
starting after 5:15 PM EST, until Friday, 4PM, EST.
If you didn't know that
already, just imagine the thought of being able to watch market
developments and to TRADE any time day or night.
In Forex there is no need to
worry about tomorrow's market opening 200 points against you -- the Dealing Desk accepts market, entry, limit and stop orders AROUND
THE CLOCK via the internet or by phone to the broker's dealing desk. When you
follow global currency market fluctuations, you experience first hand
how the global economic news and events are being reflected in currency
price changes right in front of your eyes, often in the flash of the
If you are at home in San
Francisco at 6 a.m. while at the same time Mr. Rubin is in Washington
D.C. revealing new guidelines on US monetary policy, you can immediately
place your order. If you are cruising in the
Caribbean and your Internet-hooked laptop is monitoring your positions,
you read the latest Tankan Report, you can get out
of your Japanese Yen position right then and there if you so choose.
Your transaction will be completed with rapid execution.
As the dawn of a new day
lights up the financial markets of New Zealand, Interbank currency
markets get a new boost from trading desks of Wilmington’s banks
connected with sleepless bank traders around the world. And off it goes.
Tokyo wakes up and market activity increases. Then Singapore, Hong Kong,
Seoul, Shanghai take over. As the business day moves over to another
region of the Planet, the ones that are left behind stay alive and
active through their banks and dealers’ currency desks. At 2:00 a.m.
in New York, it’s the European Continent that is entering the scene.
Frankfurt joins the market. And it is still only 1:00 p.m. in Tokyo. At
3:00 a.m. in New York, London’s huge marketplace becomes a center of
the action. And in 5 short business hours, New York’s Wall Street adds
billions of dollars of business transactions to the market.
Still there is a weekend break. The
Dealing Station closes at 4:00 p.m. EST on Friday. But with the
international time zones in mind, remember that the business week begins
at 5:15 p.m. EST on Sunday.
IN THE GLOBAL FOREX MARKET ARE EVERCHANGING AND EXCITING.
WELCOME TO THE 24 HOUR A
DAY FOREX MARKET