Leading global multi-asset broker Admirals has announced trading schedule adjustments for March 2023, taking into account two significant holidays: the Vernal Equinox holiday in Japan and Human Rights Day in South Africa.
In March, Japan observes "Vernal Equinox Day," a national holiday celebrating nature and the arrival of spring. This day signifies the transition from winter to spring, with longer days, shorter nights, warmer temperatures, and the blossoming of flowers. In 2023, Vernal Equinox Day falls on March 21.
On the same day, South Africa commemorates "Human Rights Day." This annual observance serves as a reminder of the sacrifices made in the struggle for democracy in South Africa and emphasizes the commitment to ensuring that every citizen enjoys their fundamental rights.
These holidays can impact the trading market in the days leading up to and following them. Increased volatility and wider spreads may result, in potentially affecting liquidity. Trading during this period carries substantial risks, particularly for currency pairs.
However, Admirals has taken proactive measures to assist traders during the March holidays. The broker has prepared updated trading schedules for all special trading instruments, accounting for the Vernal Equinox and Human Rights Day, with GMT+2 (European time) to align with the MetaTrader platform's time zone. This preparation aims to support traders in making informed decisions during this potentially challenging period.
These are the trading hours changes in this multi-asset brokerage.