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.
IC Market is an Australian broker with a global reputation. Some of its prominent features are 0.5-millisecond trading execution, raw spread, account types for beginners, scalpers, and EA users, as well as swap-free accounts.