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US clocks fall back: Wall Street opens an hour later for traders in Asia and Europe

Reported · Written up by our desk · Major Pairs

The change doesn’t alter exchange hours, but it does shift when global liquidity overlaps. Asia-Pacific desks now see US cash trading start and finish an hour later on their clocks, which narrows the gap between the Wall Street close and the Asian open and changes when US-driven moves first reach Asian markets. For Europe, the London and New York overlap returns to its normal winter shape after a week in which the US was an hour closer than usual. The main operational risk is mis-timed orders, alerts and automated strategies set to local clocks, particularly around US data release

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