The Forex market is unique in that traders can access a 24-hour market very conveniently, without having to wait for the markets to open. At any time, there is always a major financial center open where banks, hedge funds, corporations, and individual speculators are trading currencies. Traders can trade during anytime of the day or night, and do not have to wait for any markets to be opened before placing their trades. This is particularly beneficial to people who hold nine-to-five jobs since they can trade it without any problems in the evening or night. In stock or futures markets, you can only actively trade for less than 7 hours a day.
FX market GMT Indonesia
Tokyo Open 23:00 06.00
Tokyo Close 08:00 15.00
London Open 07:00 14.00
London Close 16:00 23.00
New York Open 12:00 19.00
New York Close 21:00 04.00
The market runs 24 hours for 5.5 days a week because markets around the world open and close at different times.
With the stock and futures markets, one would need to have access to electronic communication networks (ECN) for pre-market trading, or would have to wait till the markets open. The chances of the prices gapping up or down against you are high, especially if there have been news while the markets are closed.
FX market GMT Indonesia
Tokyo Open 23:00 06.00
Tokyo Close 08:00 15.00
London Open 07:00 14.00
London Close 16:00 23.00
New York Open 12:00 19.00
New York Close 21:00 04.00
The market runs 24 hours for 5.5 days a week because markets around the world open and close at different times.
With the stock and futures markets, one would need to have access to electronic communication networks (ECN) for pre-market trading, or would have to wait till the markets open. The chances of the prices gapping up or down against you are high, especially if there have been news while the markets are closed.
