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Forex Trading How orders are executed over the weekend?
avatar Catkathy
Question by: Joseph - 01 Nov 2016, 08:43:05
How orders are executed over the weekend?
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Answers (1)
avatar user 11276
Answer by: Samanthar - 01 Nov 2016, 08:52:26

The FX market is available for trading 24/5. During the weekend, Forex closes at 5pm on Friday and opens at 5:15pm on Sunday (New York time). During this time, called maintenance period, traders cannot log-in and trade. The reason is that negotiations go through banks and institutions that are closed during the weekend.

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