IC Markets will change the trading schedule for some instruments on the Constitution and Ascension Day Holiday. All schedule changes are according to platform time (GMT+3).
Recently, IC Markets, a leading global CFD and Forex broker, released trading schedule adjustments to commemorate Constitution Day, an official Norwegian holiday, and Ascension Day, a Christian holiday, on Wednesday, May 17, 2023, and Thursday, May 18, 2023.
Norway's national holiday, Constitution Day, is full of festive marches and gatherings, celebrated with parades of small and older children. It was a very child-centered event with flag hoisting and marching bands from the schools.
Meanwhile, the Celebration of the Ascension of the Lord and Savior Jesus Christ, also known as Constitution Day. Ascension Day is associated with the hope of peace and prosperity. This day is a Christian holiday that commemorates the ascension of Jesus Christ to heaven, according to Christian belief.
This May 2023 holiday has impacted the trading markets in the days before and after. It means that liquidity can decrease as volatility increases and spreads widen. These holidays are a major drawback for the currency pairs market as trading during this period carries significant risks.
However, IC Markets made a lot of preparations to help traders open trading positions during this May holiday. The broker has prepared several current trading schedules for special trading instruments on Constitution Day and Ascension Day with GMT+3, the time zone of all trading platforms.
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