Trading sessions
Over the last 24 hours the New York session (13:00–22:00 UTC) carried 57% of all the price movement across 157 instruments, as of 10:53 UTC on 30 September 2026. The London block is the one open now.
A 24-hour move is one number standing for twenty-four hours that are not interchangeable. A move made in the London morning on a data release is a different event from the same move bled out across Asia.
The three blocks
UTC, contiguous, every hour counted once
- Asia22:00–07:00 UTC
- Closed
- London07:00–13:00 UTC
- Open now
- New York13:00–22:00 UTC
- Closed
Share of the day's movement
157 instruments with hourly history
Built from absolute moves: a session where half the board rose and half fell was a busy session, not a quiet one.
Average direction
The average signed move per session — direction, not activity. A session can hold most of the movement and still net to roughly zero.
Biggest mover in each session
| Session | Instrument | Move in the session | 24h total |
|---|---|---|---|
| Asia 22:00–07:00 UTC | Capricor Therapeutics, Inc. | +16.99% | −1.6% |
| London 07:00–13:00 UTC | uniQure N.V. | +30.31% | −37.3% |
| New York 13:00–22:00 UTC | Stablecoin Development Corporat | +59.28% | +108.3% |
Forex market hours
The currency market has no central exchange. It trades continuously from the Sunday evening open in Wellington and Sydney to the Friday close in New York, following the business day around the world's financial centres. The main centres are, in local time:
- Sydney and Wellington — the week opens here, roughly 08:00–17:00 local. Australian and New Zealand data and central-bank decisions land in these hours.
- Tokyo, Hong Kong and Singapore — roughly 09:00–18:00 local. The yen and the Asian currencies are most active.
- London — roughly 08:00–17:00 local, the single largest centre by turnover. European data and the London fix at 16:00 local fall here.
- New York — roughly 08:00–17:00 local. Most US data is released at 08:30 New York time, overlapping the London afternoon.
In UTC these hours shift by an hour when a centre changes its clocks for daylight saving, and the centres do not all change on the same dates. Kinzan's three blocks are fixed in UTC and do not move, which keeps a session's reading comparable from one week to the next.
Questions
What are forex market hours?
The currency market trades around the clock on weekdays, from the Sunday evening open in Asia-Pacific (around 21:00–22:00 UTC, depending on daylight saving) to the Friday close in New York at a similar time. It has no single exchange; activity follows the business day around the world's financial centres.
When is the forex market most active?
Liquidity and ranges are usually greatest when London and New York are both open — the European afternoon and US morning — and around scheduled data releases. The Asia-Pacific hours are typically quieter for the European and dollar pairs, but active for the yen, the Australian and New Zealand dollars.
How does Kinzan split the day into sessions?
Into three contiguous UTC blocks: Asia 22:00–07:00, London 07:00–13:00 and New York 13:00–22:00. Real sessions overlap, but overlapping windows would count some hours twice, so each hour is attributed to exactly one block. Moves are summed in log space so the three parts compose exactly to the day's total.
Do crypto markets have sessions?
Crypto trades every hour of every day, including weekends, so it has no closing time. Its activity still clusters around the hours when US and European traders are active, which is why the same three blocks are applied to it.