When the liquidity providers pricing into ExpressOptions switch online (Monday session start) and switch offline (Friday session end) the spreads can be wider as the liquidity providers reset and liquidity is low.
To ensure our clients positions are not stopped out by the widened spread, we commence pricing on Monday 2 minutes after the market open and close pricing on Friday 3 minutes before market close.
There is a daily 3 minute break in trading from 23:59-00:02 platform time. Clients are able to see the prices streaming during this break. No orders can be placed and pre-existing orders cannot be executed during this time.
This is to safeguard from positions with a Stop Loss getting hit by the potential spread spike that can occur over rollover when Liquidity Providers reset their pricing for the new trading day at 00:00 platform time (which is 5pm New York ET).
| Instrument Group | Market Open | Market Close | Trading Break |
|---|---|---|---|
| Forex | 00:02 Monday | 23:57 Friday | 23:57 - 00:02 |
| Metals | 01:02 Monday | 23:57 Friday | 23:57 - 01:02 |
| Cryptocurrencies | 00:00 Monday | 24:00 Friday | NA |
| Instrument Name | Symbol | Trading Hours (GMT +2) |
|---|---|---|
| ASX200 | AUD200 | 00:50 – 24:00 |
| Nikkei 225 | JPN225 | 01:00 – 24:00 |
| Hang Seng Index | HK50 | 01:00 – 24:00 |
| Euro Stoxx 50 | EUSTX50 | 01:00 – 24:00 |
| CAC 40 | FRA40 | 01:00 – 24:00 |
| DAX 30 | GER30 | 01:00 – 24:00 |
| FTSE 100 | UK100 | 01:00 – 24:00 |
| DJ 30 | US30 | 01:00 – 24:00 |
| NASDAQ 100 | NAS100 | 01:00 – 24:00 |
| S&P 500 | US500 | 01:00 – 24:00 |
| Instrument Name | Symbol | Trading Hours (GMT +2) |
|---|---|---|
| Brent Crude Oil | UK Oil | 03:00 – 24:00 |
| US Crude Oil | XTIUSD | 01:00 – 24:00 |
Is about achieving the best possible result for our clients trades. Our aim is to be the #1 retail broker in the world for pricing and execution...
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7 AUD, 7 USD, 6.2 EUR, 5.4 GBP, 9.5 SGD, 9 CAD
