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The Pacific Time Zone ( PT) is a time zone encompassing parts of western Canada, the western United States, and western Mexico. Places in this zone observe standard time by subtracting eight hours from Coordinated Universal Time ( UTC−08:00 ). During daylight saving time, a time offset of UTC−07:00 is used.
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.
The tz database partitions the world into regions where local clocks all show the same time. This map was made by combining version 2023d with OpenStreetMap data, using open source software. [ 1] This is a list of time zones from release 2024a of the tz database. [ 2]
Today, forex trading is done mostly by banks on behalf of clients, and trading occurs 24 hours a day from 5 p.m. ET on Sunday through 4 p.m. ET on Friday. ... Forex trading strategies.
Trading day. 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.
Foreign exchange date conventions. The Foreign exchange Options date convention is the timeframe between a currency options trade on the foreign exchange market and when the two parties will exchange the currencies to settle the option. The number of days will depend on the option agreement, the currency pair and the banking hours of the ...
Some large trading rooms hosts offshore traders, acting on behalf of another entity of the same institution, located in another time-zone. One room in Paris may have traders paid for by the New York City subsidiary, and whose working hours are consequently shifted.
This is a list of the UTC time offsets, showing the difference in hours and minutes from Coordinated Universal Time (UTC), from the westernmost (−12:00) to the easternmost (+14:00). It includes countries and regions that observe them during standard time or year-round. The main purpose of this page is to list the current standard time offsets ...