Putting cash
back into traders' pockets!
- June 2015 (4 items)
- May 2015 (6 items)
- April 2015 (7 items)
- March 2015 (13 items)
- February 2015 (6 items)
- January 2015 (19 items)
- December 2014 (12 items)
- November 2014 (13 items)
- October 2014 (12 items)
- September 2014 (9 items)
- August 2014 (5 items)
- July 2014 (4 items)
- June 2014 (8 items)
- May 2014 (8 items)
- April 2014 (6 items)
- March 2014 (19 items)
- February 2014 (14 items)
- January 2014 (12 items)
- December 2013 (7 items)
- November 2013 (10 items)
- October 2013 (12 items)
- September 2013 (4 items)
- August 2013 (6 items)
- July 2013 (7 items)
- June 2013 (7 items)
- May 2013 (13 items)
- April 2013 (15 items)
- March 2013 (16 items)
- February 2013 (9 items)
Forex Broker News
You can find and read the latest news and press releases from all of our partner brokers here.
Changes to Forex and Metals Session Times
Friday 14th of March 2014
Starting from Monday 17th March 2014, IC Markets will be implementing new trading times for their Forex and Metals products around the rollover period and start of the week on their MT4 platform.
Start of the week
IC Markets will now begin streaming prices at Market open on Monday morning from 00:03:00 platform time.
What is the rollover period?
Rollover, otherwise known as 'end of day' (EOD) and 'value date change' occurs daily at 00:00 platform time, 17:00 EST, 22:00 GMT and 00:00 platform time, 17:00 EDT, 22:00 BST during daylight savings in the northern hemisphere.
During the rollover period two things happen.
Positions are 'rolled' to the next value date. It is during this process that swaps are applied to positions
Liquidity providers (banks mainly) restart their FIX engines and can be offline for seconds to minutes.
Due to their being less liquidity providers streaming prices it is normal to see wider spreads and even erratic price action over this period.
New trading times
At present IC Markets disable pricing and trading across their Forex and Metals products for 45 seconds. This short break takes place between 23:59:45 and 00:00:30 platform time, right at rollover.
Starting from Monday 17th March 2014, they will be disabling pricing and trading across their Forex and Metals products for four minutes over the rollover period. Please refer to the new trading times below.
| Trading ends: | 23:58:59 platform time |
| 16:58:59 EDT | |
| 20:58:59 GMT | |
| Trading starts: | 00:03:00 platform time |
| 17:03:00 EDT | |
| 21:03:00 GMT |
Additional changes to Metals trading times
Metals: XAUUSD, XAGUSD, XAUEUR, XAGEUR
Starting from Monday 17th March 2014, IC Markets will also be disabling pricing and trading across their Metals products for 45 minutes after rollover. This 45 minute break will take place from 00:15 to 01:00 platform time.
Through these changes IC Markets aim to eliminate the wide spreads and erroneous prices that are most prevalent over the rollover period, specifically the minute before and up to three minutes after, when many liquidity providers are offline.
About Forex Broker CashBack
Forex Broker CashBack is a volume introducer of clients to Forex brokers.
Whenever a trader opens a broker account using one of the links on this website, we receive a percentage of the spread or commission paid on every trade that trader makes. We then pay back a high percentage of our earnings to those traders who open their broker accounts through us, and keep a small percentage ourselves.
Unsure of anything? Check out our FAQ!
Forex trading carries a level of risk and losses may occur. Please read our Risk Disclosure.
Forex Broker CashBack | Copyright © 2012 - 2024