Trading session

London session

Europe takes over from Asia. London is the deepest FX centre on Earth and the centre of gravity for European equity volume.

Hours
08:00 - 17:00 GMT/BST

Fix windows

The 16:00 London Fix is one of the most-watched price prints in global markets, used to benchmark trillions of dollars of FX exposure each day.

Bank holidays

UK bank holidays close LSE but not all European exchanges; the inverse is true for some EU holidays.

Overlap

13:00-17:00 UTC is when London and New York are both open - the highest-liquidity window of the entire week for most asset classes.