Is Shanghai closed on Saturday and Sunday?
This is a big concern for many traders because most don’t trade forex full time, and Saturdays and Sundays have plenty of time to do so.
Today, FW Rongyu financial Xiaobian will answer the question about whether the foreign exchange market is closed on Saturday and Sunday.
1. Is the foreign exchange market closed on Saturday and Sunday?
In fact, we all know that the foreign exchange market is a 24-hour market, so the foreign exchange market should not be closed.
But actually, our current domestic forex traders know when they trade that forex is closed on Saturday and Sunday.
2. Why is the foreign exchange market closed on Saturday and Sunday?
The foreign exchange market is a global market, linked by different regions.
But not all foreign exchange markets are open 24 hours a day, it is just that there are different regional foreign exchange centres operating at any given time.
So the forex market is a 24-hour market in general.
Now the market is closed on Saturday and Sunday because brokers or trading houses are closed.
Foreign exchange Saturday and Sunday specific closed time?
The domestic foreign exchange market currently opens at 4 a.m. Monday (Beijing time) and closes at midnight Saturday.
Therefore, the market will be closed on Saturday and Sunday from 4:55 a.m. to 5 a.m. Monday.
However, different trading platforms, different seasons will have slight differences.
Is foreign exchange closed on Saturday and Sunday?
The answer is closed.
Hello!
There is a time limit for foreign exchange trading, and the specific trading time is as follows: from 5:00 am on Monday to 4:55 am on Saturday, during this period, there is a settlement hour in the morning every day. Besides, the market is closed on Sunday.
(In winter, the time is pushed back an hour) Global Forex Trading schedule At present, there are about 30 major foreign exchange trading centers in the world, located in different countries and regions on all continents.
Due to the different time zones, each foreign exchange market opens and closes in different hours, and is connected with each other through advanced communication equipment and computer network. Market participants can conduct transactions all over the world, and foreign exchange funds flow smoothly with minimal exchange rate differences between markets, thus forming a unified international foreign exchange market with global integration operation and all-weather operation.
Table 1-1 shows the main trading hours in the foreign exchange market.
Note: The time in the table is Beijing time.
Experts warn that foreign exchange markets alternate with the sun, so investors can choose to trade at night or in the morning.
But it’s important to note that investors who trade in the morning may not be able to catch the market’s gyrations throughout the day, and may be prey to other traders.
If you have any questions about the specific foreign exchange trading hours, you can consult the online customer service of FW Rongyu Finance.
To learn more about foreign exchange, visit FW Rongyu Finance.
