Direct answer
Forex is not guaranteed to be open in every place at every moment. For January 2, 2023, whether forex trading was available depended on the specific broker’s platform, the venue/session used, and any holiday or special trading-hours schedules in effect.
How “forex open” works
Forex usually runs as an around-the-week system across major time zones because trading is split into regional sessions (for example, Asia, Europe, and North America). However, “open” is not a single global switch. In practice, “forex open” for a given trader typically means at least one of the following:
- Your platform shows the market status as tradeable for the instrument.
- Liquidity is sufficient for order execution at normal conditions.
- The broker’s server accepts and routes orders for that instrument.
Even when the broader market is active, a broker may temporarily change trading availability due to operational rules, liquidity conditions, or scheduled maintenance. Those changes can occur on dates near public holidays.
Example checks (independent verification)
Because there is no single universal “forex open/not open” for everyone, the most reliable approach is to verify within the exact environment you would trade:
- Check your broker/platform “market hours” or “trading schedule” page for the instrument you care about.
- Look for entries around January 2, 2023 (and adjacent days) that indicate normal hours vs. modified hours.
- On the trading terminal, compare order-entry status: if the market is shown as closed or unavailable, you cannot assume it is open.
This verification matters because two brokers can show different availability if they use different session calendars, maintenance windows, or execution rules.
Limitations and uncertainty
This answer cannot confirm a specific “open/closed” state for your broker on January 2, 2023 without your broker’s actual session schedule for that date. Forex market availability can also differ by instrument and execution type (for example, how your platform routes orders). Therefore, treat any calendar-free assumption as uncertain and rely on the platform or broker’s posted trading-hours information for that exact day.
Total open risk context
When markets are unavailable or conditions change (wider spreads, reduced liquidity, or delayed execution), your ability to reduce risk may be affected. In the context of total open risk, this means the practical impact is less about whether “forex is globally open,” and more about whether your specific account can place and execute orders at the time you need.