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The foreign exchange market (forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.
Market cap (USD tn) Monthly trade volume (USD bn) Time zone Δ DST Open hours (local time) UTC, winter only Open Close Lunch Open Close New York Stock Exchange: XNYS United States: New York City: 28.33: 1,452 EST/EDT: −5:00 Mar–Nov 09:30 16:00 No 14:30 21:00 Nasdaq (US) XNAS United States: New York City: 26.62: 1,262 EST/EDT −5:00 Mar ...
In business, the trading day or regular trading hours (RTH) is the time span that a stock exchange is open, as opposed to electronic or extended trading hours (ETH). For example, the New York Stock Exchange is, as of 2020, open from 9:30 AM Eastern Time to 4:00 PM Eastern Time. Trading days are usually Monday through Friday.
The London Stock Exchange (LSE) is a stock exchange based in London, England. As of July 2024, the total market value of all companies trading on the LSE stood at $3.42 trillion. [3] Its current premises are situated in Paternoster Square close to St Paul's Cathedral.
The U.S. bond market will also be closed on Thursday and are scheduled to close at 2 p.m. ET on Friday, according to the Securities Industry and Financial Markets Association.
In 1995, the Alternative Investment Market was launched and in 2004 the Exchange moved again, this time to Paternoster Square. [5] Between April and May 2006, having been rebuffed in an informal approach, Nasdaq built up a 23% stake in the Exchange. [6] The stake grew to 29% as a result of the London exchange's share consolidation. [7]
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