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For a better understanding of the entire economic situation in the world and a quick response to market changes, you need to view the movement of stock exchange quotes. For this a trader needs to know the stock exchange working hours.

I would like to note that the Russian Federation used to switch clocks to summer time, but after 2011 this procedure was canceled. The cancellation of such an action at one time took place in China and Japan. But Europe and the United States in the fall translate the clock hands to winter time, that is, back. So while watching the time trading sessions, you need to subtract an hour ago Moscow time. In the spring, European countries like Germany, France, Great Britain and others switch their clocks to the summer period, and then, the stock exchanges work time coincides with the Moscow sessions.

Opening hours of the largest stock exchanges in the world.

• Chicago commodity exchange(CME). The trading session runs from 18:00 to 02:00;
• New York Mercantile Exchange (NYMEX). Works from 16:20 to 22:30;
• New York Metal Exchange (COMEX). Open from 15:50 to 21:30;
• Intercontinental Exchange (ICE). Works from 16:00 to 23:00;
• Consortium of European Exchanges (EURONEXT). Open from 11:00 to 19:30;
• London International Financial Futures Exchange (LIFFE). Open from 04:00 to 00:00;
• European Derivatives Exchange (EUREX). Works from 10:00 to 00:00;
• Russian trading systems (RTS and RTS). Conducts a session from 10:30 to 18:45;
• Moscow Interbank Currency Exchange (MICEX and MICEX). Open from 10:30 to 18:45;
• Tokyo Grain Exchange (TGE). Open from 3:00 to 10:45;
• New York Stock Exchange (NYSE). Works from 17:30 to 00:00;
• Electronic system stock trading (NASDAQ). Works from 17:30 to 00:00;
• American Stock Exchange (AMEX). Works from 17:30 to 00:00;
• London Stock Exchange (LSE). Conducts a trading session from 11:00 to 19:30;
• Frankfurt Stock Exchange (FWR). Works from 11:00 to 22:00;
• Tokyo Stock Exchange (TSE). Works from 3:00 to 9:00;
• Hong Kong Stock Exchange (HKSE). Open from 5:00 to 11:00;
• Milan Stock Exchange (MIB). Open from 11:00 to 19:30;
• Swiss Stock Exchange (SWX). Open from 11:00 to 19:30;
• Madrid Stock Exchange (MSE). Conducts a trading session from 11:00 to 19:30.

Outcome

Remember that each stock exchange is unique and has its own characteristics, in order to maximize the positive results from trading, it is necessary to take into account not only the time of work of stock exchanges, but also sometimes seemingly insignificant nuances.

For a Russian private investor, knowing the working hours of the Moscow Exchange is a must. Of course, those who have chosen investment options directly related to exchange trading cannot do without such information, but for the rest, news from the Moscow Exchange sites, events during trading sessions are very important, since they can and do have a serious impact on all sectors of the economy and the country's financial sector.

A few words about the Moscow Exchange

The history of the Moscow Exchange has been counting since 2011. The starting point was December, which finally completed the process of merging the two largest Russian stock exchanges, formed in the 90s of the last century - MICEX and RTS. As a result, in financial sector a fully functional exchange holding company appeared, which today is among the 20 largest in the world (ranks 13th in 2017) in terms of trading volumes. It contains everything necessary to provide clients with a full range of trading (trading) and related services. To this end, the structure has grown, a depository and a clearing center have appeared in it.

Today on the floors of the Moscow Exchange trading is conducted:

• Securities - shares of Russian and foreign companies, bonds, including OFZ, Eurobonds, municipal and corporate bonds, shares of mutual funds, etc.
• Patriotic and foreign exchange, precious metals.
• Tools money market(for example, REPO) and derivatives financial instruments(futures, options, etc.).
• several product groups.

Markets of the Moscow Exchange and their schedule

Moscow exchange provides users ( legal entities and private investors) market access:

• stock;
• urgent;
• currency;
• monetary (REPO, credit and deposit operations);
• commodity and precious metals market.

Bidding is ongoing on work days— trading platforms do not work on Saturdays and Sundays, on national holidays (for example, from November 4 to November 7 or May holidays) and officially recognized religious holidays (such as Christmas).

In the work schedule, days with a special working regime are also possible, when the exchange is open, but trading is not conducted. It can be installed on pre-holiday and holidays, as well as on ordinary days due to the difficult situation on the markets.

Stock market section

On the Moscow Exchange, work is carried out with a variety of assets, which can be conditionally divided into two solid areas (markets):

1. shares and investment shares;
2. bonds.

On the stock and shares market traded shares of domestic enterprises and groups and some foreign companies, shares of shares investment funds(PIF), depositary receipts and other instruments such as Exchange Trading Funds and mortgage certificates.

In the bond market Bidders can buy and sell bonds:

• Federal loan and Russian sovereign Eurobonds;
• Issued by regional and municipal authorities;
• Corporate (nominated in foreign and national currency) and Eurobonds of companies.

Most of trading operations in the section is carried out in the T+ format, in which the payment and transfer of securities is carried out with a time shift relative to the moment of the transaction (for example, when using T+1 - on the next day, and T+2 - on the second day). Other options are also used in the section, for example, for most bonds settlement and delivery are made on the same day (T+0 or T0 mode).

Depending on the mode used, settlement codes and type of orders, the schedule of the trading session is also set. Some of them are shown in the table:

The following modes are designated:

• I – trading in shares and USD-denominated bonds (T+2), OFZ (T+1);
• II - trading in bonds (excluding OFZs and non-dollar Eurobonds), ETFs (settled in USD). (T+0);
• III - ETF trading and investment shares(T+2).

Own schedule is used for specialized modes (for example, for the work of qualified investors), trading in partial lots of shares and shares (starts at 17:00 and lasts until 18:45 and 18:40, respectively).

Transactions with large blocks of securities are made from 10:00 to 18:00 (T+) or from 11:00 to 17:00 (T0). For both modes, there are several periods for filing, fixing and executing orders.

The schedule of auctions within the framework of placement and redemption is considered by the administration in each case.

Derivatives Market Schedule

Knowing what time the derivatives section opens is necessary for those who trade or build their investment strategies on the prices of futures and options.

Transactions with derivative instruments are more profitable than directly with underlying assets. Trading contracts does not contain transaction costs (payment for depository services, interest on loans and commissions on settlement operations), allowing you to get more profit through leveraged transactions, paid for more than low rates exchange fees.

Derivatives in circulation today - RTS indices, MICEX, volatility, sectoral, contracts for shares and OFZ, commodities and foreign currencies, loan rates, etc.

Access to derivatives market presented from the client terminal (possible distant work using the global network).

There are 3 trading and 2 clearing periods in a session.

Trading in the foreign exchange market

Trading in foreign currencies on the sites of the former MICEX and now the Moscow Exchange has been held since 1992. Today, three-quarters of transactions with the dollar on the Russian currency market go through it, and almost 70% of transactions with the Euro. Rapidly gaining trading volumes Chinese yuan. In addition, Belarusian, Kazakh and Ukrainian national currencies, operations are carried out on the EUR/USD pair, swap transactions are concluded.

One of the main bidders is National Bank RF. Moscow exchange quotes for various currency pairs have a significant impact on official rates established by the Bank of Russia.

Operations in the foreign exchange market are carried out in accordance with the regulations from 10:00 to 23:50.

The commodity market has a similar work schedule, transactions with precious metals are made in the same schedule.

Knowing the schedule of Forex trading sessions means being able to rationally allocate your efforts and effectively use opportunities and time. Trading sessions are periods of time when banks work and actively trade. As you know, Forex trading hours are not limited and it operates around the clock. When evening falls in one of the points of the world and trade closes there, morning comes in another point and the local foreign exchange market begins to work. Sessions follow each other or partially overlap one another, so traders can trade at a convenient time for them. Entering Forex at any time, you will find it in working condition, except for Saturday and Sunday, when there is a day off in all countries on the stock exchanges. Also, Forex does not work on public holidays, such as Christmas, New Year and Easter.

Knowing the schedule of Forex trading sessions is also useful because currencies behave differently in different sessions. Thus, the yen usually "comes to life" and begins to move actively during the Asian session, and trading in the euro becomes more active in the European session. The rest of the time, a sharp price movement for these currencies is uncharacteristic. The most "aggressive" of all - the American session - can greatly lower or, conversely, strengthen its "native" dollar.

Due to the fact that a lot of countries from different time zones of the Earth are involved in the foreign exchange market, the time of Forex trading was usually calculated according to Greenwich Mean Time (GMT) to eliminate confusion. Currently, the GMT standard is deprecated and UTC - Coordinated Universal Time is used instead. Server time in RoboForex differs from UTC by 2 hours (UTC+2). In the summer, due to the transition to daylight saving time, this indicator becomes equal to UTC + 3.

Forex Trading Session Schedule - Forex Opening Hours. Timezone UTC+2 (Eastern European Time, EET):

Each regional Forex market has its own characteristics.

Asian Market - Forex Opening Hours

During this trading session, the most active are transactions on the US dollar against the yen (USDJPY), euro against the yen (EURJPY), euro against the dollar (EURUSD) and Australian dollar against the US dollar (AUDUSD).

European Market - Forex Opening Hours

The schedule of trading sessions in Europe is much different from Asian due to the difference in time zones. Frankfurt opens at 8:00 CET, London at 9:00. At this time, auctions are held in European financial centers. The volatility of the most popular currency pairs increases significantly after the start of the Forex trading session on the London market. Trading activity is somewhat reduced by lunchtime, but in the evening the players are again actively making transactions. Changes in rates in the European trading session can be significant, since the bulk of money is concentrated in Europe.

American Market - Forex Opening Hours

The busiest Forex transactions begin with the opening of the New York session. At this time, Forex banks begin their trading activities, US banks, and European dealers return after a lunch break. The influence of European and American banks is approximately the same, so there are no significant changes compared to the European trading session on Forex. However, after the shutdown European market volatility may increase. Often this is observed on Friday evenings, before the weekend. The American session is more aggressive in trading than others.

Trading sessions: trading according to world time

Forex trading session schedule Moscow time

The work of the Forex market is carried out around the clock according to a certain schedule for 5 days a week. Naturally, it would be strange if time zones were not taken into account in his trading. World trading is guided by Greenwich Mean Time (a city in the UK through which the zero meridian passes). This time is abbreviated as GMT. All other zones form their own time by adding or subtracting the number of time zones that are away from Greenwich. So, Greenwich and Moscow are separated by three time zones, and Moscow time looks like GMT + 3.

Forex trading sessions are also associated with time zones. In general, a trading session is the time during which trade intensifies in a certain region, when financial institutions and the bulk of traders begin their work. For proper trading, a trader must know:

Types of trading sessions in forex;
Features and time of sessions;
Using indicators of trading sessions.

Types and schedule of Forex trading sessions

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The best way to consolidate theory is practice. In order to quickly understand the dependence of the behavior of financial markets when changing trading sessions, it is better to watch the charts directly in the trading terminal. To do this, you can open, for example, a demo account with a broker that I have been working with for more than 3 years.

Depending on the geographical location of the exchanges, there are four trading sessions:

Asian;
European;
American;
Pacific.

Forex trading sessions open with the Asian session at 23:00 GMT and the start of the Tokyo Stock Exchange, and close at 22:00 GMT with the end of the American trading session and the close of the stock exchange in Chicago. Of course, in each region, traders use their own local time, for which appropriate settings are provided in the trading terminals. Traders of the European part of Russia work mainly in Moscow. For practical use, it is convenient to summarize all time data in a table, including the schedule of Forex trading sessions in Moscow time.

Features of trading sessions

The differences between the sessions are not so much in the time of work, but in the trading features. The period of work of each of the sessions is characterized by its most popular currency, its , influence .

Features of the Asian session

The most actively traded currency pairs are USD/JPY, EUR/USD, EUR/JPY, AUD/USD and other pairs with the yen and other Asian currencies. Currency volatility is not very high and the market is mostly calm. But one should pay attention to the time of the Central Bank of Japan's foreign exchange interventions or the publication of the national economic information. At this time, currencies can make significant jumps. As a rule, such events can occur during the period 01-03 GMT.

Features of the European session

The beginning of the European trading session somewhat captures the end of the Asian one. In addition to the main participants, traders from other European countries, including Russia, are gradually being included in the trading process. The opening of the European session, as a rule, is calm. The main movement begins with the opening of the London Stock Exchange. Often, the opening of the session accompanies the release of European economic news, giving the movement of the currency additional dynamics. The volatility of major currency pairs increases sharply, most instruments are traded. The EUR/USD, GBR/CHF, USD/CHF, GBR/JPY pairs can bring the greatest profit. Of particular relevance, in addition to the euro, are the British pound, the Swiss franc and the US dollar. High volatility exists for 2-3 hours and decreases during the lunch period. During the European session, the trends are characterized by a large value associated with the importance of the currency in the global economy.

Features of the American session

The movement of currencies begins to intensify with the beginning of the American trading session. At this time, banks begin to work, and European financiers return from lunch. Fluctuations in rates during the American session do not exceed fluctuations in the European session. However, the opening of the New York Bank may make its own adjustments to the movement of currencies. And the most significant changes can be expected after the end of the European trading session, when American banks remain alone - during this period, even a cardinal change in the direction of the course is possible. Mass releases of national economic news force the currency to make multidirectional and chaotic movements. currencies noticeably in the last days of the week. The instruments with the US dollar are the most relevant, but GBR/CHF, GBR/JPY are also traded well. The market lull comes around 21:00 Moscow time, with the end of the exchanges.

Features of the Pacific session

The Pacific session is considered the most calm trading period in Forex. The absence of large players leads to the fact that the market can be flat for hours. The most liquid assets are Australian and New Zealand dollars.

Traders build their work mainly on a regional basis. However, many Europeans trade during the Asian session - most likely they are more suitable for calm trading or the strategy involves trading certain currencies at certain times.

The choice of time for trading should be carried out taking into account the own qualities and characteristics of the applied trading system. And it does not have to be the time in the region of residence.

Significantly complicates the entry into the trade time difference. , trading strategies, settings of trading robots operate, as a rule, with GMT time and the trader has to recalculate this time for the regional one. To simplify this process, a lot of trading session indicators have been developed that allow traders to focus on the periods of sessions when developing and testing trading strategies and trading itself.

So, the Forex Market Hours algorithm shows the hours of the sessions, marking the active ones in relation to the regional time. It can recalculate the time to change the time to summer or winter. All these actions are performed automatically.

The well-known i-Sessions indicator of trading sessions has gained great popularity among traders. For correct operation, you only need to manually set the start and end time of trading sessions and its correspondence to the terminal time.

With the help of this indicator, the nature of the market is very clearly visible in certain periods specific sessions.

Time 2 VBO indicators are widely used - a convenient algorithm for short term trading, simple and understandable Aliev TM Trading and many others.

Trading session indicators do not carry any trading load, but they Information Support can provide a trader with invaluable assistance in organizing their trade.

Conclusion

Knowing the time of trading sessions is used by many experienced traders forex. After all, many market participants, including large ones, are activated precisely at certain periods, which can be usefully used in your trading strategy. In addition, this knowledge will allow you to avoid many of the troubles associated with excessive activity of currencies tied to certain regional events.

And the last. Strict adherence to market time will allow the trader not to get hung up on one trade, but to plan his time correctly, combining trading with a good rest.

All successful trading and profit!

"Time is money. As the saying goes, when you see money, don't waste time. Strike iron without leaving the cash register! - said the chief in the "Diamond Hand".

It turns out that the notorious phrase from the popular film perfectly describes the value of time in the work of world exchanges.

Indeed, along with the change of time zones, money literally rotates around the Earth: at any given time, somewhere people are sleeping sweetly, and somewhere active trade is seething. And there is no such moment when at least some exchanges do not work. And then do not yawn!

Therefore, we read about the opening and closing times of various exchanges in Moscow time and do not lose our money.

Exchange opening times (Moscow time) and Forex trading times

Forex trading is conducted around the clock, excluding weekends and some holidays, but there are several time periods that you need to pay attention to - this is the opening of Forex exchanges. It is necessary to know the time of trading or working on Forex, because at the time of the opening of a trading platform on the market (session), most often there is a sharp jump in the currency that is inherent in this country.

This is followed very closely by all traders, since intraday movements are born at these minutes, which most often give the direction of the trend.

There are 4 trading sessions - Asian, European, American and Pacific (Australian). Each of these exchanges opens and closes in such a way that they only overlap for an hour or two, and generally allow round-the-clock trading.

Exchange opening and closing schedule (trading session time) Moscow time

It should be noted that the time in the table is given in Moscow and world time - GMT (Greenwich Mean Time). If you want to know the opening time of exchanges in another region, you need to add the required deviation by hours to the GMT time. The second thing we need to know is when the markets open on Monday, after the weekend, and when they close on Friday.

So, the beginning of Forex trading, as well as the opening time of exchanges, takes place on Monday, at 00:00 broker time - not Moscow time, not GMT, but directly at the terminal time. Exchanges close for the weekend on Friday at 24:00 broker time.

Brokers have different times, and they may close/open at different times. This must be taken into account when trading advisors. Some brokers, such as Alpari, stop and start trading in 5 minutes. before the specified time.

Opening hours of the Moscow Exchange and the opening of trading in the ruble

The Moscow Exchange opens at 10:00 and closes at 15:00 Moscow time. This is the operating time of the Moscow Exchange with various instruments. This is about the work of the exchange itself. As for the ruble trading on Forex, the ruble trading time on Forex takes place from 10:00 to 21:00 Moscow time.

Please note that the market is most active in this moment the currency whose trading session is open. Trading is aggressive on all exchanges, except for the Australian one, at this time traders most often use scalping strategies, as low volatility makes it possible to trade calmly.

Asian trading session

The Asian session opens at 3 am Moscow time and often sets the direction of the daily trend. The session closes at 12 noon. The center of trade is Tokyo, concurrently the financial capital of Asia. During the beginning of trade in Asia, all banks, financial institutions and other institutions are opened.

The Japanese yen is one of the three most traded currencies on forex and takes over 20% currency turnover. The following is a list of currency pairs that are traded during the Asian session - USD/JPY, AUD/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY, AUD/JPY, EUR/CHF.

The most active bidders are the euro/dollar/pound/new zealand dollar to Japanese yen. Usually this session is calm with little volatility.

This is often explained by the fact that Americans and Europeans are already resting after their hard day at work. The exceptions are important news, which usually come out around 3 am GMT (7 am Moscow time). This is where you need to be careful, the movements are often strong and long. If you use the intraday strategy and left an open position overnight, you need to check the forex calendar and set stops.

European trading session

The European session is the most active of all. This is due to the fact that it overlaps with the Asian and American sessions. In addition, the UK is home to the largest financial funds and banks. More than 30% of all transactions fall at this time. The opening of the exchanges takes place at 8 am GMT in London (11:00 Moscow time), closing at 17:00 (20:00 Moscow time).

The most active part of trading falls on the first part of the trading session. Brokers make major deals before their lunch break. Then, according to the classics of the genre, there is a calm part, and closer to the close, strong jumps again occur - the opening of the American session.