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Forex Broker News for March 2014
Daylight Savings Time
Thursday 6th of March 2014
This serves as a reminder that Daylight Savings Time (DST) for the US ends on Saturday 8 March 2014.
On 8 March 2014 the FXPRIMUS MT4 platform will switch to GMT +3 until November. For further information on GMT and how it corresponds to your specific location, please visit the following link: http://www.forex-internet.com/forexhours.htm
Server Time to GMT +3
Thursday 6th of March 2014
On Sunday the 9th of March 2014, the Pepperstone MT4 Server time will move one hour forward to GMT +3 hours.
Pepperstone bases MT4 Server time on "5pm New York", the internationally recognised end-of-day in the forex markets. The US will be changing to Daylight Saving Time on the 9th of March 2014. With the US turning clocks one hour forward the Pepperstone MT4 Server Time will also move one hour forward.
How does this affect me?
The only noticeable change that you will experience is that the Market Watch time in MT4 will now be set at GMT+3. This might not affect your trading at all - however, depending on your timezone, this may cause the market to open one hour earlier on Monday. The MT4 server time will still open at 0:00 on the charts, this may just be an hour earlier for your time-zone.
GMT Offset
If you are using an EA with a GMT offset time, then you must change the GMT offset to +3 just prior to the 9th of March.
Time zone offset change this weekend
Thursday 6th of March 2014
IC Markets will be changing the time zone offset on the server over the weekend. They will be changing the server time from UTC+2 to UTC+3 so it will be moving forward one hour. This change is in accordance with the Forex market session time changes due to Daylight Saving Time in the United States on Sunday 9th March 2014, and it remains in effect until Sunday 2nd November, 2014. The MetaTrader 4 platform time will remain at a market open of 00:00:00, and a market close of 23:59:59 throughout the year.
The new trading hours starting from Monday March 10th, 2014 are listed below
Market Open
21:00 GMT Sunday evening (09-03-2014) - 00:00 Platform time Monday morning (10-03-2014)
Market Close
21:00 GMT Friday evening - 00:00 Platform time Saturday morning
Once England and Europe changes to DST on March 30th, 2014 we will observe the times below.
Market Open
22:00 BST (GMT+1) Sunday evening - 00:00 Platform time Monday morning
Market Close
22:00 BST (GMT+1) Friday evening - 00:00 Platform time Saturday morning