{"id":599,"date":"2024-10-31T15:53:24","date_gmt":"2024-10-31T15:53:24","guid":{"rendered":"https:\/\/ftmo.com\/?post_type=trading-updates&#038;p=644067"},"modified":"2024-10-31T15:53:24","modified_gmt":"2024-10-31T15:53:24","slug":"trading-update-31-oct-2024","status":"publish","type":"trading-updates","link":"https:\/\/ftmo.com\/au\/blog\/trading-updates\/trading-update-31-oct-2024\/","title":{"rendered":"Trading Update \u2013 31 Oct 2024"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>Weekend Maintenance <\/br>,<br \/>\nUSA DST Change <\/br>,<br \/>\nUSA Elections<\/p>\n","protected":false},"featured_media":0,"template":"","categories":[10],"class_list":["post-599","trading-updates","type-trading-updates","status-publish","hentry","category-trading-updates"],"acf":{"main_content":"Times hereafter are expressed as native Metatrader server time. For the period till 3 Nov 2024, it is GMT+3. From 3 Nov 2024 (inclusive), it will be GMT+2.\r\n\r\n<hr \/>\r\n\r\n<h3><strong>Maintenance<\/strong><\/h3>\r\n<b class=\"black-bold\">ALL Platforms:<\/b> Please be advised that scheduled maintenance will occur on <strong>all trading platforms<\/strong> as follows:\r\n<ul>\r\n \t<li><strong>Saturday<\/strong>, <strong>2<\/strong> <strong>Nov 2024: <\/strong>Maintenance will commence at <strong>08<\/strong>:<strong>00<\/strong> and conclude by <strong>20<\/strong>:<strong>00<\/strong>.<\/li>\r\n \t<li><strong>Sunday<\/strong>, <strong>3<\/strong> <strong>Nov <\/strong><strong>2024:<\/strong> Maintenance will again be conducted from <strong>07<\/strong>:<strong>00<\/strong> to <strong>11<\/strong>:<strong>00.<\/strong><\/li>\r\n<\/ul>\r\nDuring maintenance periods, trading on the specified platform(s) is disabled, and the platform(s) itself may be fully inaccessible.\r\n\r\n<hr \/>\r\n\r\n<h3><strong>Daylight Saving Time change in USA on 3rd November<\/strong><\/h3>\r\nFrom Sunday, <strong>3 Nov 2024<\/strong>, the USA will no longer observe the Summer Time. Due to the DST time change, the trade hours for European stocks (<strong>Equities II<\/strong>) and the Spanish index (<strong>SPN35.cash<\/strong>) will be shifted one hour backwards in <strong>MT4<\/strong> and <strong>MT5<\/strong> platforms, so for example, <strong>AIRF<\/strong> will have trade hours <strong>10<\/strong>:<strong>05<\/strong>-<strong>18<\/strong>:<strong>30<\/strong> instead of the current <strong>11<\/strong>:<strong>05<\/strong>-<strong>19<\/strong>:<strong>30<\/strong>.\r\n\r\nThese changes affect the following Instruments:\r\n<ul>\r\n \t<li><strong>AIRF<\/strong><\/li>\r\n \t<li><strong>ALVG<\/strong><\/li>\r\n \t<li><strong>BAYGn<\/strong><\/li>\r\n \t<li><strong>DBKGn<\/strong><\/li>\r\n \t<li><strong>I<\/strong><strong>BE<\/strong><\/li>\r\n \t<li><strong>LVMH<\/strong><\/li>\r\n \t<li><strong>VOWG_p<\/strong><\/li>\r\n \t<li><strong>SPN35.cash<\/strong><\/li>\r\n<\/ul>\r\nOn cTrader and DXtrade platforms, trade hours are displayed according to your chosen timezone setting. The listed symbols follow European time.\r\n\r\nPlease be mindful that <b class=\"black-bold\">Max Daily Loss is monitored based on Prague's time<\/b> and the daily drawdown resets at midnight. Starting on 3 Nov 2024, the offset between <b class=\"black-bold\">Prague's (CET) and the MetaTrader's (GMT+2) times will return to 1 hour as usual.<\/b> Please make sure to take this into account to prevent any accidental breach of Max Daily Loss due to this change. If you are unsure when exactly the Max Daily Loss resets, you can go to your Account MetriX and hover with your mouse cursor over Today's permitted loss. The tooltip has a countdown to the reset. Alternatively, you can contact us on live chat for further assistance.\r\n\r\n<hr \/>\r\n\r\n<h3><strong>The 2024 United States presidential election<\/strong><\/h3>\r\nThe 2024 United States presidential election will be held on <strong>Tuesday, 5 Nov 2024<\/strong>. Markets typically respond with decreased liquidity and increased volatility around the election period.\r\n\r\n<hr \/>","secondary_content":"Overnight rollover\u00a0<strong>swaps<\/strong>\u00a0are subject to regular changes and adjustments, reflecting, among other things, interest rate differentials and dividend adjustments. If you are holding positions overnight, please be reminded that it is your responsibility to check these swaps in the contract specification for each symbol, and to adjust (if needed) and manage your positions accordingly. FTMO is not responsible for trading results affected by swap changes or adjustments.","the_situation_in_ukraine":"[dropdown title=\"The situation in Ukraine - geopolitical development, sanctions, and markets\"]\r\nDue to the war in Ukraine, traders can experience increased uncertainty in the markets, accompanied by\u00a0<strong>increased volatility<\/strong>\u00a0on many assets, along with the possibility of\u00a0<strong>price spikes, whipsaws, flash crashes, spread widening and liquidity supply issues<\/strong>. Traders are advised to pay extra caution while trading during these times.\u00a0<strong>Risk management and capital preservation<\/strong> should be the key focus of every trader, just as being aware and adaptive to the market conditions that might be unpredictable or risky.\r\n\r\n<hr \/>\r\n\r\nUnfortunately, at this time, we are not allowed to process\u00a0<strong>payments to regions of Crimea, Sevastopol, Donetsk, Kherson, Luhansk, and Zaporizhzhia in Ukraine<\/strong>\u00a0and our clients from there, as per the latest sanctions imposed in connection with the war in Ukraine. There are also sanctions targeting some Russian banks and high-profile individuals. We are not allowed to process any payouts to clients and banks on the sanction list. Payouts to our clients from\/in the subject locations, or being subject to the sanctions list, will be possible once the imposed sanctions are lifted. Crypto payouts are included in the restrictions.\r\n[\/dropdown]","thumbnail":"","custom_css":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Trading Update \u2013 31 Oct 2024 | FTMO Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ftmo.com\/au\/blog\/trading-updates\/trading-update-31-oct-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trading Update \u2013 31 Oct 2024\" \/>\n<meta property=\"og:description\" content=\"Weekend Maintenance , USA DST Change , USA Elections\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ftmo.com\/au\/blog\/trading-updates\/trading-update-31-oct-2024\/\" \/>\n<meta property=\"og:site_name\" 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