AND HOLIDAY SCHEDULE
Released regularly on Thursday afternoon or as needed in case of urgent matters.
Trading Update – 2 Apr 2024
All times hereafter are expressed in the MetaTrader platform time GMT+3 (CEST+1).
Weekend Maintenance
On the 6 Apr Saturday:
Besides the regular cTrader Saturday market closure (20:00 – 23:59), trading will also be unavailable on the cTrader platform from 09:00 to 18:00 due to additional maintenance.
Qingming Festival
On Thursday, 4 Apr 2024, Hong Kong has a national holiday – the Qingming Festival. Due to this holiday, the following changes will take effect:
- On 3 Apr 2024: HK50.cash will close early, at 23:00
- On 4 Apr 2024: HK50.cash will be closed (all-day)
- On 5 Apr 2024: HK50.cash will open late, at 04:15
Daylight Saving Time
On 31 Mar 2024, Europe switched to Daylight Saving Time, and MT4 and MT5 server time is now once again just 1 hour ahead of Prague time (CEST). Please take this change into account and ensure you correctly understand how the Max Daily Loss is measured (based on CEST).
Permanent Trade Hours Changes
Effective Saturday, 30 Mar 2024, the trading hours for Equities and Agriculture pairs have been updated permanently and the start of their trading session is now delayed by 5 minutes. This adjustment was done to protect our clients from occasional situations where the market opens with an extremely large spread.
Overnight rollover swaps are 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 - geopolitical development, sanctions, and markets
Due to the war in Ukraine, traders can experience increased uncertainty in the markets, accompanied by increased volatility on many assets, along with the possibility of price spikes, whipsaws, flash crashes, spread widening and liquidity supply issues. Traders are advised to pay extra caution while trading during these times. Risk management and capital preservation should be the key focus of every trader, just as being aware and adaptive to the market conditions that might be unpredictable or risky.
Unfortunately, at this time, we are not allowed to process payments to regions of Crimea, Sevastopol, Donetsk, Kherson, Luhansk, and Zaporizhzhia in Ukraine and 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.
