IC Markets, the well-known CFD and Forex broker, has unveiled its trading schedule for the upcoming President's Day holiday on February 20, 2023.
President's Day, also referred to as Washington's Birthday, is celebrated on the third Monday of February each year. It's a federal holiday in the United States, dedicated to honoring the country's first presidents, George Washington (born on February 22), and Abraham Lincoln (born on February 12), along with all the presidents who have served in the United States.
During this holiday, the trading markets tend to exhibit reduced activity and lower liquidity in the days leading up to and following the event. This can result in heightened volatility and wider spreads, posing significant risks, especially in the realm of currency pairs trading.
IC Markets wants traders to be aware that they don't process deposits and withdrawals on holidays, except for online funding methods like credit/debit cards, PayPal, Neteller, Skrill, and others, which can still be handled promptly.
To assist traders during this holiday period, IC Markets has created a special trading schedule that includes the GMT+2 time zone for all unique trading instruments. This schedule ensures that traders can effectively manage their positions during the President's Day holiday.
For trading schedule on various instruments, you can visit the IC Markets website.