--- title: "Sessions and events - Glossary - Get Funded Now" description: "14 prop trading terms defined, with GFN's own figure where one applies. Trading sessions, overlaps, rollover, and the scheduled releases that move…" url: "https://getfundednow.com/glossary/category/sessions" language: "en" last_modified: "2026-09-22" publisher: "Get Funded Now (getfundednow.com)" translations: es: "https://getfundednow.com/es/glossary/category/sessions" pt-BR: "https://getfundednow.com/pt-br/glossary/category/sessions" fr: "https://getfundednow.com/fr/glossary/category/sessions" it: "https://getfundednow.com/it/glossary/category/sessions" de: "https://getfundednow.com/de/glossary/category/sessions" disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds." --- Glossary category # Sessions and events 14 sessions and events terms, defined and then priced against GFN's published rules. Every entry states GFN's own figure for the term, with the programme it applies to. Trading sessions, overlaps, rollover, and the scheduled releases that move markets fastest. [All 176 terms](https://getfundednow.com/glossary) · [Rules handbook](https://getfundednow.com/rules) 14 terms ## Every term in this category Every entry states GFN's own figure for the term, with the programme it applies to. - [Asian session](https://getfundednow.com/glossary/asian-session) - The first major window of the trading day, centred on Tokyo and running roughly 00:00 to 09:00 UK time. Ranges are narrower and yen pairs and Australasian currencies are the most active. - [Bank holiday](https://getfundednow.com/glossary/bank-holiday) - A public holiday in a market's home country. The instrument may open late, close early or not trade at all, and liquidity in related instruments thins even where they stay open. - [CPI release](https://getfundednow.com/glossary/cpi-release) - The monthly consumer price index, the headline measure of inflation. It drives interest rate expectations more directly than almost any other release, which is why it moves currencies, metals and index instruments simultaneously. - [Economic calendar](https://getfundednow.com/glossary/economic-calendar) - A schedule of upcoming data releases with their expected impact, previous readings and forecasts. Checking it before a session is the cheapest risk control available to a trader. - [FOMC](https://getfundednow.com/glossary/fomc) - The Federal Open Market Committee, the body that sets US interest rates. Its scheduled decision, written statement and press conference move every dollar-denominated market, usually in two distinct waves about half an hour apart. - [Interest rate decision](https://getfundednow.com/glossary/interest-rate-decision) - A central bank's scheduled announcement of its policy rate. Rate differentials drive currency valuations, so these decisions and the guidance attached to them are the largest scheduled events in forex. - [London session](https://getfundednow.com/glossary/london-session) - The European trading window, roughly 08:00 to 16:30 UK time. It is the highest-volume session in forex, and the one where the euro and sterling pairs do most of their daily range. - [Market close](https://getfundednow.com/glossary/market-close) - The end of a trading session for an instrument. Positions held through a close carry gap risk into the next open, and spreads typically widen into the final minutes as liquidity leaves. - [Market open](https://getfundednow.com/glossary/market-open) - The moment an instrument begins trading for a session. Opens concentrate order flow that built up while the market was closed, which is why volatility spikes and spreads take time to settle. - [New York session](https://getfundednow.com/glossary/new-york-session) - The US trading window, roughly 08:00 to 17:00 Eastern time. Most scheduled US data lands at its start, which makes the first ninety minutes the most volatile stretch of the trading day. - [Non-farm payrolls](https://getfundednow.com/glossary/non-farm-payrolls) - The monthly US employment report, released on the first Friday of the month at 08:30 Eastern. It is the single most disruptive scheduled release for dollar pairs, gold and US index instruments. - [Rollover time](https://getfundednow.com/glossary/rollover-time) - The point in the day when positions are rolled to the next value date and swap is applied. It is also when many platforms reset daily statistics, and spreads often widen briefly around it. - [Session overlap](https://getfundednow.com/glossary/session-overlap) - The hours when two trading sessions are open at once. The London-New York overlap, roughly 13:00 to 16:30 UK time, carries the highest volume and the tightest spreads of the day. - [Sydney session](https://getfundednow.com/glossary/sydney-session) - The first session to open each week, from around 22:00 UK time on Sunday. Volume is the lowest of the four, and it is where the weekly gap against Friday's close appears. The other categories [Drawdown and risk limits20](https://getfundednow.com/glossary/category/drawdown) · [Evaluations and accounts26](https://getfundednow.com/glossary/category/evaluations) · [Payouts and money19](https://getfundednow.com/glossary/category/payouts) · [Trading mechanics28](https://getfundednow.com/glossary/category/mechanics) · [Strategy and performance23](https://getfundednow.com/glossary/category/strategy) · [Tooling and execution10](https://getfundednow.com/glossary/category/tooling) · [Instruments and markets18](https://getfundednow.com/glossary/category/instruments) · [Sessions and events14](https://getfundednow.com/glossary/category/sessions) · [Industry, legal and operations18](https://getfundednow.com/glossary/category/industry) Ready when you are ## Your capital stays yours. The risk is ours. One evaluation fee, no time limits and up to 90% of simulated profits. Pick an account size and your credentials arrive by email within minutes. 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