With the holiday season upon us, we would like to inform you that the trading schedule for several instruments will change as follows:

23rd Dec, Tue

24th Dec, Wed

25th Dec, Thu

26th Dec, Fri

29th Dec, Mon

30th Dec, Tue

31st Dec, Wed

1st Jan, Thu

2nd Jan, Fri

FX

Normal

Close at 22:00

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

XAUUSD

Normal

Close at 20:45

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

XAUEUR

Normal

Close at 20:45

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

XAGUSD

Normal

Close at 20:45

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

US30

Normal

Close at 20:15

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

US500

Normal

Close at 20:15

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

USTEC

Normal

Close at 20:15

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

US2000

Normal

Close at 20:15

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

JP225

Normal

Close at 20:15

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

DE40

Close at 23:00

Closed

Closed

Closed

Open at 02:15

Close at 23:00

Closed

Closed

Open at 02:15

UK100

Normal

Close at 14:50

Closed

Closed

Open at 03:00

Normal

Close at 14:50

Closed

Open at 03:00

STOXX50

Close at 23:00

Closed

Closed

Closed

Open at 02:15

Close at 23:00

Closed

Closed

Open at 02:15

FRANCE40

Normal

Close at 15:00

Closed

Closed

Normal

Normal

Close at 15:00

Closed

Normal

SPAIN35

Normal

Close at 15:00

Closed

Closed

Normal

Normal

Close at 15:00

Closed

Normal

SWISS20

Normal

Closed

Closed

Closed

Normal

Normal

Closed

Closed

Normal

AUS200

Normal

Close at 05:30

Closed

Closed

Normal

Normal

Close at 05:30

Closed

Normal

HK50

Normal

Close at 06:00

Closed

Closed

Normal

Normal

Close at 06:00

Closed

Normal

AFRICA40

Normal

Normal

Closed

Closed

Normal

Normal

Normal

Closed

Normal

BRENT

Normal

Close at 21:00

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

XTIUSD

Normal

Close at 20:45

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

COPPER

Normal

Close at 20:45

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

NAT.GAS

Normal

Close at 20:30

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

NL25

Normal

Close at 15:00

Closed

Closed

Open at 09:00

Normal

Close at 15:00

Closed

Open at 09:00

CHINA50

Normal

Close at 20:45

Closed

Open at 03:00

Normal

Normal

Close at 22:00

Closed

Open at 03:00

SG20

Normal

Close at 20:45

Closed

Open at 02:30

Normal

Normal

Close at 22:00

Closed

Open at 02:30

DXY

Normal

Close at 20:45

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

VIX

Normal

Close at 20:15

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

ALUMINIUM

Normal

Normal

Closed

Closed

Normal

Normal

Normal

Closed

Normal

LEAD

Normal

Normal

Closed

Closed

Normal

Normal

Normal

Closed

Normal

ZINC

Normal

Normal

Closed

Closed

Normal

Normal

Normal

Closed

Normal

NICKEL

Normal

Normal

Closed

Closed

Normal

Normal

Normal

Closed

Normal

Stocks & ETFs

Normal

Close at 20:00

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

EOSUSD

Normal

Normal

Closed

Normal

Normal

Normal

Normal

Closed

Normal

PALLADIUM

Normal

Close at 20:45

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

PLATINUM

Normal

Close at 20:45

Closed

Normal

Normal

Normal

Close at 22:00

Closed

Normal

SUGAR.L

Normal

Close at 14:00

Closed

Closed

Normal

Normal

Normal

Closed

Normal

WHEAT

Normal

Close at 20:05

Closed

Open at 16:30

Normal

Normal

Normal

Closed

Open at 16:30

COFFEE

Normal

Close at 20:05

Closed

Open at 14:30

Normal

Normal

Normal

Closed

Normal

COCOA

Normal

Close at 20:05

Closed

Open at 14:30

Normal

Normal

Normal

Closed

Normal

USDBRL

Normal

Closed

Closed

Normal

Normal

Normal

Closed

Closed

Normal

CORN

Normal

Close at 20:05

Closed

Open at 16:30

Normal

Normal

Normal

Closed

Open at 16:30

SOYBEANS

Normal

Close at 20:05

Closed

Open at 16:30

Normal

Normal

Normal

Closed

Open at 16:30

The times mentioned above are in GMT+2 and are subject to change by the respective exchanges or liquidity providers.

Please consider the risks.

During the holiday season, there may be changes in market conditions as to volatility and liquidity. Spreads are often much wider. Hence, please review your positions and margin requirements to ensure that you have sufficient free equity to cover a potential rise in margin requirements and adverse price movements. Kindly be advised that stop loss orders may not provide protection against adverse price movements in all circumstances. If you are uncertain, consider reducing or closing hedged positions and reassess the situation.

Also, please be aware that due to year-end market factors, you may observe significant moves in the swap costs for most FX pairs. These factors include financial institutions balancing their books before the end of the year, putting a strain on certain currencies.

Swap rates for FX pairs at year-end can be extremely volatile, resulting in daily swap adjustments being much higher than normal.