Opening and closing time of major international foreign exchange markets (Beijing time):

1. Wellington foreign exchange market in New Zealand: 04: 00- 12: 00 (winter time); 05: 00- 13: 00 (daylight saving time).

2. Foreign exchange market in Sydney, Australia: 06: 00- 14: 00 (winter time); 07: 00- 15: 00 (daylight saving time).

3. Japan-Tokyo foreign exchange market: 08: 00- 14: 30 (winter time); 08: 00- 14: 30 (daylight saving time)

4. Frankfurt foreign exchange market in Germany:: 15:00-22:00 (daylight saving time); 16: 00-23: 00 (winter time).

5. Foreign exchange market in London, UK: 16: 30-23: 30 (daylight saving time); 17: 30-00: 30 (winter time).

6. new york foreign exchange market: 20: 00-03: 00 (daylight saving time); 2 1: 00-04: 00 (winter time).