Trading updates – 30 Jun 2022 edition
Due to the Independence Day in the United States, on Monday, 4 Jul 2022 the symbols below will have their trading hours modified as follows:
- GER40.cash, UK100.cash, EU50.cash, FRA40.cash will close early at 11:00 pm;
- US30.cash, US100.cash, US500.cash, US2000.cash, JP225.cash will close early at 8:00 pm;
- Metals (Gold – XAU, Silver – XAG, Palladium – XPD, Platinum – XPT) and NATGAS.f will close early at 9:30 pm;
- USOIL.cash and UKOIL.cash will close early at 8:15 pm;
- DX.f and USTN.f will close early at 8:00 pm;
- US Equities will be closed the whole day.
Due to a public holiday in Hong Kong, the symbol HK50.cash will close early at 10:00 pm on Thursday, 30 Jun 2022, will be closed on Friday, 1 Jul 2022, and will reopen on Monday, 4 Jul 2022 at 4:15 am.
All times are expressed in the MetaTrader server time (GMT+3/CEST+1).
Overnight rollover swaps are subject to regular changes and adjustments, reflecting 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 Donetsk, Luhansk, and Crimea 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.
Trading on RUB pairs (EUR/RUB and USD/RUB) is suspended from Thursday, 24 February 2022, 6:00 pm platform time (GMT+2 / CET +1) until further notice due to exposure risks and lack of liquidity. It will not be possible to open new positions.