Ohio Markets’ trading servers are configured to align with New York market time, which is the global reference point for the forex market trading day.
The system time 00:00 corresponds to 17:00 (5:00 PM) New York local time.
This time represents:
- The closing of the US stock market, and
- The official start of a new trading day in the forex market
Server Time Settings
Ohio Markets’ server time changes depending on the season:
- During Standard Time: Server time is GMT+2
- During Daylight Saving Time: Server time is GMT+3
This adjustment ensures continuous synchronization with New York market activity.
Time Zone Comparison and Examples
During Daylight Saving Time
- New York time zone: GMT-4
- Ohio Markets server time: GMT+3
Example:
If your local time zone is GMT+8, when the system time shows 00:00, your local time will be 05:00.
During Standard Time
- New York time zone: GMT-5
- Ohio Markets server time: GMT+2
Example:
If your local time zone is GMT+8, when the system time shows 00:00, your local time will be 06:00.
Why this time setting matters
Aligning server time with New York market hours ensures:
- Accurate daily candle closes
- Consistent trading day calculations
- Proper rollover and swap timing
This setup allows traders to analyze market data with confidence and consistency.