AND HOLIDAY SCHEDULE
Released regularly on Thursday afternoon or as needed in case of urgent matters.
Trading Update – 6 Jun 2024
All times hereafter are expressed in the MetaTrader platform time – GMT+3 (CEST+1).
Weekend Maintenance
MT4 and MT5:
The MT4 and MT5 platforms will undergo maintenance from 7:00 to 14:05 on Saturday, 8 Jun 2024 and the maintenance will continue from 18:00, Saturday, 8 Jun 2024, until 02:05 on Sunday, 9 Jun 2024.
cTrader:
Apart from the standard weekend maintenance (Saturday 20:00 – 23:59), the cTrader platform will undergo maintenance from 09:00 to 18:05 on Saturday, 8 Jun 2024.
DXtrade:
DXtrade will undergo maintenance from 13:00 to 17:05 on Saturday, 8 Jun 2024.
Dragon Boat Festival
There are adjustments to trading hours due to Dragon Boat Festival. These changes are outlined below:
- Friday, 7 Jun 2024, HK50.cash will close earlier at 22:00.
- Monday, 10 Jun 2024, HK50.cash will be closed.
- Tuesday, 11 Jun 2024, HK50.cash will open later at 04:20.
Queen’s Birthday
Due to Queen’s Birthday the AUS200.cash will open later at 10:15 on Monday, 10 Jun 2024.
Nvidia Stock Split
Due to the upcoming Nvidia‘s (NVDA) stock split scheduled to happen with the market close on Friday, 7 Jun 2024, at a ratio of 10:1, all clients must close their positions in NVDA by 21:00 on Friday, 7 Jun 2024. This is to facilitate the transition process on the platform side and to avoid significant PnL spikes, regardless of the account type or stage (Free Trials, FTMO Challenge, Verification, or FTMO Account). Any positions held beyond this time will be closed and pending orders will be deleted. Trading on a split-adjusted basis is expected to resume normally at the standard market open on Monday, 10 Jun 2024.
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.
