In the FX market,trading:
A) stops after the London markets have closed.
B) is restricted to the hours that the Australian banks are open.
C) takes place at any hour of the night or day.
D) stops after the London and New York markets have closed.

Question

Quizplus · Accepted Answer

The FX market is open 24 hours a day, five days a week. It starts with the opening of the Australian market on Monday morning, and then as the day progresses, the markets in Tokyo, London, and New York open. When the New York markets close, the Australian markets are just about to open again, and so the cycle begins anew. This round-the-clock trading means that traders from all over the world can participate, regardless of their time zone.

In the FX Market,trading