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Market Closure in August
Dear Clients,
Please refer to the following table for the changes in the trading hours in August 2022.
The time and date mentioned in this notification are GMT +3 and are subject to change.
For the most accurate information, please refer to the information on the trading platform.Date Aug 9th
(Tuesday) 2022Aug 15th
(Monday) 2022Aug 16th
(Tuesday) 2022Holiday National Women's Day/Muharram Independence Day Parsi New Year USDINR Closed Closed Closed SA40 Closed Normal Normal Please note that markets may initially experience periods of reduced liquidity after holiday periods, impacting trade executions. It is your responsibility to monitor continuously any open positions you may have.
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The Leverage of Cryptocurrency Products Changed Notification
Dear Client,
To provide you with better trading experiences, the leverage of some cryptocurrency products will be changed on Monday, August 1st 2022.
For more information on the adjustment, please refer to the table below.The time and date mentioned in the notification are based on the platform time (GMT+3) and may be subject to change. Please refer to our trading platform for the most accurate information.
Symbol Full Description Current Leverage New Leverage BTCUSD Bitcoin 100:1 200:1 ETHUSD Ethereum 100:1 200:1 -
Alphabet Stock Split
Dear Client,
Please note that ALPHABET INC-CL C (GOOG) is going to be split in a 20 for 1 offering on Monday, July 18th 2022. Common shares will trade at the new split-adjusted price.
What will this split mean to investors?
Each share of ALPHABET INC-CL C stock that an investor owns before July 18th 2022 will be eligible for stock split. Investors will receive nineteen additional shares for each share, and the share price will be divided by 20.Here is an example:
Pre-Split Post-Split As of July 18th, 2022 Shares held 100 shares 2000 shares Shares are multiplied by 20 Share Price $2000 per share $100 per share Share price is divided by 20 Value $200,000 $200,000 Total value remains equal All pending orders will be deleted, including Buy Limit, Sell Limit, Buy Stop, Sell Stop, Buy Stop Limit, Sell Stop Limit.
How do stock split affect short sellers?
Stock split does not affect short sellers in a material way. There are some changes that occur as a result of a split that affects the short position, but they don't affect the value of the short position(s).The time and date mentioned in the notification are based on the platform time (GMT+3) and may be subject to change.
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Cryptocurrencies Trading Hour Change Notification
Dear Clients,
In order to provide you with a better trading experience, the trading hour of cryptocurrencies will be modified for weekends from Saturday, 16 July 2022, onwards.
Regarding more information of the adjustment, please refer to the table below.All the time below is platform time, GMT+3. The date and time may be subject to change.
Description Current Trading Hour New Trading Hour Cryptocurrencies Saturday 16:00-24:00 Saturday 02:00-24:00 Please note that we may schedule a Saturday every month to manage a wide range of product setting adjustment, system maintenance, and upgrades. The trading hours on the Saturday will be shortened accordingly and will be notified to you in advance.
Moreover, the occasional system maintenance on weekend may suspend quotations or transactions for at most half an hour and will not be notified to you in advance.
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Rollover Notification in July
Dear Client,
Please refer to the table below, for the rollover date of our futures in MT4 in July, 2022. Kindly note, the date and time may be subject to change.
(All the time mentioned in this notification refers to MT4 server time, GMT+3)Symbol Full description Roll Date CL-OIL Crude Oil Future CFD (USD) 2022/07/19 UKOUSDft Brent Crude Oil Future 2022/07/27 VIX Volatility Index 2022/07/15 HK50ft HK50 Future 2022/07/28 CHN50ft CHINA50 Future 2022/07/22 FRA40ft FRA40 Future 2022/07/14 IND50ft India 50 Future 2022/07/27 Please note:
- The rollover will be automatic. Any existing open positions will remain open.
- The price difference between the expiring and new contracts will be reflected by deducting or crediting to the open positions on the expiration date.
- To avoid rollovers, clients may choose to close any open futures positions prior to the expiration date.
- Clients should ensure that “take profits” and “stop losses” are adjusted by the rollover date.
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New Products Launched in July
Dear Client,
We will be launching the new products on July 12th, 2022, as mentioned in the table below.
The time and date mentioned in this notification are GMT +3 and can be subject to change. For the most accurate information, please refer to the trading platform.Symbol Description Types Minimum Lot Maximum Lot Contract Size USDTHB US Dollar vs Thai Baht Forex 0.01 50 100000 -
Market Closure in July
Dear Client,
Please refer to the following table for the changes in the trading hours in July 2022.
The time and date mentioned in this notification are GMT +3 and are subject to change. For the most accurate information, please refer to the information on the trading platform.Date July 1st(Friday) 2022 July 4th(Monday) 2022 July 5th(Tuesday) 2022 Holiday HK Public Holiday Independence Day Independence Day USDBRL normal Closed normal XPDUSD normal Closed at 21:30 normal XPTUSD normal Closed at 21:30 normal UK100 normal Closed at 23:00 normal US30 normal Closed at 20:00 normal SPX500 normal Closed at 20:00 normal NAS100 normal Closed at 20:00 normal JPN225 normal Closed at 20:00 normal GER40 normal Closed at 23:00 normal EUSTX50 normal Closed at 23:00 normal FRA40 normal Closed at 23:00 normal HKG33 Closed normal normal VIX normal Closed at 18:30 normal SP500ft normal Closed at 20:00 normal DJ30ft normal Closed at 20:00 normal NAS100ft normal Closed at 20:00 normal GER40ft normal Closed at 23:00 normal HK50ft Closed normal normal FRA40ft normal Closed at 23:00 normal JPN225ft normal Closed at 20:00 normal UK100ft normal Closed at 23:00 normal US shares CFDs normal Closed normal NG normal Closed at 21:30 normal GAS normal Closed at 21:30 normal Gasoil normal Closed at 20:30 normal Copper normal Closed at 21:30 normal Cotton normal Closed normal OJ normal Closed normal Cocoa normal Closed normal Coffee normal Closed normal Sugar normal Closed normal Soybean normal Closed Opened at 16:30 Wheat normal Closed Opened at 16:30 CL-OIL normal Closed at 20:15 normal UKOUSD normal Closed at 20:15 Opened at 03:00 USOUSO normal Closed at 20:15 normal XAU normal Closed at 20:15 normal XAG normal Closed at 20:15 normal UKOUSDft normal Closed at 20:15 Opened at 03:00 Please note that markets may initially experience periods of reduced liquidity after holiday periods, impacting trade executions. It is your responsibility to monitor continuously any open positions you may have.
