IC Markets Shares Trading Schedule for US Memorial Day

IC Markets Shares Trading Schedule for US Memorial Day

Sheena Mon 11 May 2023 4 views

IC Markets, the global multi-asset broker, has shared updates on trading schedule changes for opening positions during the US Memorial Day Holiday on May 29, 2023.

IC Markets Trading Schedule for Memorial Day Holiday

IC Markets, a well-known global CFD and Forex broker, recently rolled out some adjustments to their trading schedule in honor of Memorial Day 2023, a significant United States holiday that pays tribute to the men and women who served in the US military and lost their lives. This holiday fell on May 29.

Memorial Day, originally called Decoration Day, is a federal US holiday with its roots in honoring Union soldiers who perished during the American Civil War. Over time, it broadened to encompass all those who lost their lives in the war. Americans observe Memorial Day annually at the close of May.

This holiday typically brings about a bit of market softness in the days leading up to and following it. What this translates to is a potential decrease in market liquidity, coupled with increased volatility and wider spreads.

The currency pairs market is notably affected, as trading during this period carries certain risks. These modifications to the trading schedule can have implications for traders who rely on EAs, custom indicators, or other tools.

Some traders may opt to tweak their trading hour settings to adapt to the Memorial Day Holiday. However, IC Markets has taken proactive steps to assist traders in opening positions during this holiday season.

The Australian-based broker has prepared updated trading schedules for all trading instruments, specifically tailored for Memorial Day. All the times mentioned below are based on platform time (GMT+3).

 

Forex/Crypto Pairs

Symbol 29th May
All forex pairs Normal trading hours
All crypto pairs Normal trading hours

 

Symbol 29th May
XAG/EUR Early close 21:30
XAG/USD Early close 21:30
XAU/EUR Early close 21:30
XAG/AUD Early close 21:30
XAU/USD Early close 21:30
XAU/AUD Early close 21:30
XAU/JPY Early close 21:30
XAU/GBP Early close 21:30
XAU/CHF Early close 21:30
XPD/USD Early close 21:30
XPT/USD Early close 21:30

 

Spot Energies

Symbol 29th May
XNG/USD Early close 21:30
XTI/USD Early close 21:30
XBR/USD Early close 20:30

 

CFDs

Symbol 29th May
AUS200 Normal trading hours
CHINA50 Normal trading hours
STOXX50 Normal trading hours
F40 Normal trading hours
DE40 Early close 23:00
HK50 Normal trading hours
IT40 Normal trading hours
JP225 Early close 20:00
ES35 Normal trading hours
UK100 Closed
US2000 Early close 20:00
US500 Early close 20:00
USTEC Early close 20:00
US30 Early close 20:00
CA60 Normal trading hours
TecDE30 Normal trading hours
MidDE50 Normal trading hours
NETH25 Normal trading hours
SWI20 Normal trading hours
CHINAH Normal trading hours
NOR25 Closed
SA40 Normal trading hours
SE30 Normal trading hours

 

For more instruments, visit IC Markets official website.

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