As the largest financial market in the world, daily forex trading volume is estimated at $5.1 trillion. As a rule, the forex market is open to traders 24 hours a day, five days a week. However, the market is closed on certain holidays, such as Christmas or New Year.
Since most of the brokers also closed their offices, the forex market became unstable. This year, the forex market will close from December 24 to December 28 and from December 31 to January 4, 2021.
On its official website, LiteForex announced the changes in the year-end calendar of operational activities so that traders can stay up to date with the latest news on financial markets. Due to the fact that the stock exchange and forex market use short working hours during the Christmas and New Year holidays, LiteForex's trading hours have also changed. Including their office services.
Operational Schedule for Christmas Day and End of the Year 2020
In anticipation of the Christmas Day holiday on December 25, all LiteForex services will be closed. The closing and re-opening schedule depends on each instrument, so the table below could serve as your guide:
Then following the year-end holiday on December 31, LiteForex's office and financial services are open until 21:00, while the trading server closes at 20:59 in the evening. Meanwhile, all services were closed the next day, January 1, 2021.
LiteForex also warned that the GMT+2 server hours in the schedule correspond to the time on the trading platform, so traders are kindly requested to pay attention to this information when starting trading.