Time Change Reminder - September / October / November 2022

Trading Discussion
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Over the next six weeks, beginning this weekend, Daylight Saving Time Changes will affect forex markets around the world, as various countries on various dates, switch from Daylight Saving Time to Standard Time, or vice versa.

During this period, you might see the opening and closing times of the foreign markets you trade change by one or two hours, depending on where you are located and which foreign markets you are following.

This may, or may not, have a significant impact on your trading, depending on the time-frame you are trading. Generally, the shorter your time-frame (scalping or intraday trading, for example) the more important it will be for you to stay in sync with the trading hours in your chosen markets.

Here is the schedule of changes that will occur over the next 6 weeks:

Daylight Saving Time Changes in the major forex markets

  • September 25 — New Zealand will begin southern hemisphere Daylight Saving Time (DST)

  • October 2 — southeastern Australia (Sydney, Melbourne, Canberra, Hobart, etc.) will begin DST

  • October 30 — the U.K. and all of eastern and western Europe will return to Standard Time

  • November 6 — the U.S. and Canada will return to Standard Time

Daylight Saving Time Changes in other markets

  • October 30 — Ireland, and most of Mexico, will return to Standard Time

Significant markets which do not observe Daylight Saving Time — listed in order according to forex market size (source: BIS 2019)

  • Singapore, Hong Kong, Japan, and China

Other markets which do not observe Daylight Saving Time — listed according to size

  • Korea, Russia, United Arab Emirates, India, Taiwan, South Africa, Turkey, Brazil, Thailand, and Malaysia

See post #2 for details of the time changes which will occur in New Zealand this weekend.

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On Sunday, September 25, New Zealand will begin southern hemisphere Daylight Saving Time.

  • In New Zealand, the NZST time zone (UTC+12) will change to NZDT (UTC+13)

Clocks in New Zealand will be turned forward by one hour, prior to the opening of the forex market on Monday morning, September 26.

  • For traders in New Zealand: The forex trading session in New Zealand will not change. But, starting September 26, the forex trading session in every other market will begin and end one hour later than previously.

  • For traders in all other locations: The only change will be that, starting September 26, the forex trading session in New Zealand will begin and end one hour earlier than previously.

The next Daylight Saving Time change will occur in one week, when s.e. Australia will begin DST.

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I forget this every year. Twice some years.

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I almost usually forget if not for @Clint. I think last year a bunch of people posted threads about abolishing DST in the US.

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On Sunday, October 2, southeastern Australia will begin Daylight Saving Time.

The region referred to here as southeastern Australia comprises the states of New South Wales (Sydney, etc.), Victoria (Melbourne, etc.), Australian Capital Territory - ACT (Canberra, etc.), South Australia (Adelaide, etc.), and the island of Tasmania (Hobart, etc.). Geographically, southeastern Australia comprises a little less than a third of the Australian continent.

  • In New South Wales, Victoria, ACT, and Tasmania the AEST time zone (UTC+10) will change to AEDT (UTC+11).

  • In South Australia, the ACST time-zone (UTC+9½) will change to ACDT (UTC+10½).

Clocks in these states will be turned forward by one hour, prior to the opening of the forex market on Monday morning, October 3.

  • For traders in southeastern Australia, the forex trading session in Sydney will not change, but the trading session in every other market will begin and end one hour later than previously, starting on Monday morning.

  • For traders in the rest of Australia, and in all other countries, the only change will be that the forex trading session in Sydney will begin and end one hour earlier than previously, starting on Monday morning.

The states of Queensland (Brisbane, etc.), Northern Territory (Darwin, etc.), and Western Australia (Perth, etc.) do not observe Daylight Saving Time.

The next Daylight Saving Time change will occur in 4 weeks, at which time the U.K. and Europe will end Summer Time (DST) and will return to Standard Time.

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Hello ponpon,

You remember correctly.

There has been talk of abolishing DST, not only in the US, but also in the EU. In both instances, the issue seems to have been pushed to the “back burner”.

In the US, Senator Rubio was loudly outspoken on the stupidity of twice-yearly clock changes, and he pushed the Senate to vote on the issue. In March of this year, the Senate voted to put the entire US on permanent Daylight Saving Time. It is now up to the House of Representatives to either approve or reject the Senate bill. If the bill is approved in the House, it will be up to the president to sign or veto the bill. And, if the president vetoes it, a 2/3 majority vote in both the House and the Senate will be required to override the president’s veto.

With mid-term elections coming in November, many seats are likely to change hands in the House, with newly-elected representatives taking office in January. Between November and January, it’s possible (but unlikely) that the “lame-duck” House will vote on the Daylight Saving Time bill. More likely will be a vote in the House (by the new Congress) next year.

My guess is that the House will vote to confirm the Senate bill, and the president will sign it, sometime next summer. By that time, our twice-yearly clock changes will have us back on Daylight Saving Time, and the newly-signed legislation will keep us on DST for the foreseeable future. So, a little over a year from now, we will have our first taste of winter on Daylight Saving Time.

For a further discussion of DST in the US, see Daylight Saving in US from timeand date. com

As for the EU, I’m not aware that anything has transpired since I posted this in October 2021:

For 2½ years, the European Parliament has been planning to scrap their semi-annual time changes – from Standard Time to Summer Time (daylight saving time), and vice versa. According to the plan, each country within the EU was directed to choose whether to remain permanently on Standard Time, or remain permanently on Summer Time, beginning in the year 2021.

It didn’t happen in 2021, for a number of reasons. And thankfully so — what a ridiculous patchwork of time zones that would have created!

Nor does it appear likely that there will be any change to the current scheme next year.

So, at least for one more year, we expect the EU to remain in sync with the rest of Europe (and with the UK), alternating between Standard Time and Summer Time, as follows:

Sunday, March 27, 2022 – Europe will end Standard Time and begin Summer Time (daylight saving time)

Sunday, October 30, 2022 – Europe will end Summer Time and return to Standard Time.

Will the elites in the European Union try again to screw things up? Stay tuned.

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I sure hope so. Looking forward to this!!! I wonder if Canada will follow suit if this bill passes.

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Regarding DST in Canada (and Mexico), here is what timeanddate.com has to say:

Canada Following the US

Canadian provinces of Ontario and British Columbia also want to ditch the switch in favor of permanent DST. However, their proximity to the US border is making them wait.

In Ontario, the Time Amendment Act (Bill 214) was passed in 2020. The bill would put Ontario on permanent DST if Quebec and New York do the same.

More than 93% of British Columbians voted to keep the province on permanent DST in 2019. B.C. is still waiting to see if Washington, Oregon, and California go ahead with their proposals to scrap DST.

Mexico Close to Removing DST

Mexico is considering removing DST permanently in most of the country. If the Mexican Senate completes the final stage of approval and signs the bill into law, October 30, 2022, may be the last time most of Mexico set their clocks back one hour.

33 locations close to the country’s northern border, including the state of Baja California, will continue to follow the time change schedule of the United States and end DST on November 6.

The states of Sonora and Quintana Roo do not observe DST at all, so the clocks will not change there.

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Thanks for the reminder, definitely need to write this on the calendar because I always forget.

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On Sunday, October 30, the U.K. and all of Europe will end Summer Time (daylight saving time), and will return to Standard Time.

This time change will involve all of the 43 countries (and principalities) situated between the Atlantic Ocean and the Russian border, except Belarus.

Listed geographically, from west to east:

  • In the U.K. (including the Channel Islands), the BST (UTC+1) time zone will change to GMT (UTC+0).

  • In the western European time zone — in Ireland, the IST (UTC+1) time zone will change to GMT. Likewise, in Portugal, the WEST (UTC+1) time zone will change to GMT.

  • In the central European time zone (comprising 30 countries and principalities from Spain east to Serbia, and from Sweden south to Malta), the CEST (UTC+2) time zone will change to CET (UTC+1).

  • In the 10 countries within the eastern European time zone (Finland, Estonia, Latvia, Lithuania, Ukraine, Moldova, Romania, Bulgaria, Greece, and Cyprus), the EEST (UTC+3) time zone will change to EET (UTC+2).

Clocks in all of these countries will be turned back one hour, prior to the opening of the forex market on Monday morning, October 31.

  • For traders in all of these countries, opening and closing times in the London Session and in the European Session will not change, but the trading sessions in Tokyo and New York will begin and end one hour earlier than previously, starting Monday morning.

  • For traders in countries not listed above, the only change will be that the London Session and the European Session will begin and end one hour later than previously, starting Monday morning.

Traders in the U.S. and Canada who trade the European or London Sessions, and traders in the U.K. and Europe who trade the New York Session, should be aware that the usual 5-hour time difference between London and New York will be reduced to 4 hours, for one week, starting on Sunday.

Also, beginning on Monday morning, and continuing for one week, the heavily-traded London/New York Overlap Session (which is normally 4 hours in duration) will extend to 5 hours, as follows: 12 pm - 5 pm London time, and 8 am - 1 pm New York time.

The last Daylight Saving Time change for this season will occur on November 6, at which time the U.S. and Canada will end DST and will return to Standard Time.

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On Sunday, November 6, the U.S. and Canada will end Daylight Saving Time (DST) and will return to Standard Time.

  • Five time zones in the U.S. (including Alaska), and seven time zones in Canada (including the maritime provinces of New Brunswick, Nova Scotia, and Newfoundland), will be affected by this time change.

  • In the eastern U.S. and Canada, which includes the key New York market, the EDT (UTC-4) time zone will change to EST (UTC-5).

Clocks in the U.S. and Canada will be turned back one hour prior to the opening of the forex market on Monday morning, November 7. [Note — this statement does not apply to Arizona or Hawaii in the U.S.; or to most of Saskatchewan, to various portions of British Columbia, or to small portions of Quebec and Ontario in Canada, as those places do not observe DST.]

  • For traders in the U.S. and Canada, opening and closing times in the New York Session will not change. But, the trading sessions in Asia, Europe, and the UK will begin and end one hour earlier than previously, starting Monday morning.

  • For traders in other countries, the only change will be that the New York Session will begin and end one hour later than previously, starting Monday morning.

The change occurring on November 6 will restore the time difference between London and New York to 5 hours (which is the normal time difference for most of the year).

Also, beginning on Monday morning, and continuing until next March, the heavily-traded London/New York Overlap Session will return to its normal 4-hour duration, as follows: 1 pm - 5 pm London time, and 8 am - 12 pm New York time.

This is the last Daylight Saving Time change for this season.

In 2023, the first Daylight Saving Time change (in a major market) will occur on Sunday, March 12.

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Still took me 2 days to change the time in my car. :weary: