IC Markets releases holiday schedule for all their trading tools during Christmas, Boxing Day, and New Year.
Forex market operates 24 hours and divided into 4 sessions: Pacific, European, Asian and American. Those sessions causing traders in one country to have different activities from traders in other part of the world, because each cities has their own holiday festives. In practice, we know that financial market never stops, but it may close during global holiday seasons, such as Christmas and New Year.
IC Markets Holiday Schedule
On the occasion of this winter holiday, IC Markets website has updated their calendar, since trading hours will change following the opening and closing of forex market. Bussiness hours before and after holidays are also likely to be affected. Check out trading schedule for Christmas, Boxing Day and Year-End below:
Liquidity during holiday season is expected to be very thin, so IC Markets' clients are required to be careful about increasing volatility, spreads and intermittent pricing. However, IC Markets staff will continue to assist their customers as long as the market opens during holiday. They also warned that deposits and withdrawals would be late on bank holidays. Online funding systems such as debit or credit cards, PayPal, Neteller, Skrill and so on will continue to operate as usual.
IC Markets is one of the top choices for automated traders. Its order matching engine located in the New York Equinix NY4 data centre and processes over 500,000 trades per day with over two thirds of all trades coming from automated trading systems.