The Hong Kong and Singapore handoff at 01:00 GMT

[Fairman]

The Hong Kong and Singapore handoff at 01:00 GMT

There is a transition in the Asian session that gets little attention. Around 01:00 GMT, Hong Kong and Singapore desks arrive, adding to the Tokyo flow already in place.

The result is a small bump in activity. Pairs involving Asian currencies, such as USDSGD and USDCNH, become more active. Yen pairs often see a second wind. AUD and NZD pairs respond to Asian equity market opens.

For scalpers working in the Asian session, this is the point at which conditions shift. Ranges widen a little. Spreads tighten. Directional moves become more reliable.

Those trading from other regions rarely notice. Their charts show a slight pickup in volume and nothing else.

Time-of-day analysis of tick count shows the bump clearly. It is easy to confirm on a month's data and may point to an overlooked time window.

Is the start of the Hong Kong and Singapore session visible in the tick counts on the pairs traded?