it was around that time, first time i have noticed such a spike, thanksSpread widening at 9:20 PM UK time would be strange, but spread widening at around 9:00 PM UK time is normal because it coincides with New York close and Forex rollover fees application.
has the forex opening times changed because of the season as i am getting caught out in spreads? is the table below correct to opening and closing times? can you tell me for asian sessions as well?Spread widening at 9:20 PM UK time would be strange, but spread widening at around 9:00 PM UK time is normal because it coincides with New York close and Forex rollover fees application.
Region | Open and Close Times |
---|---|
London Open | 7 AM |
London Close | 4 PM |
NY Open | 12 PM |
NY Close | 9 PM |
in Which pairs. Sometimes it happens but if it happens to often you should move to other place for trading. Good brokers should manage their liquidity sources properly to maximise time of getting top-grade conditions for its clients.i noticed around 9:20pm UK time there was a spike in spread of pairs, roughly about 5pips+, anybody know what happenned to cause that 5pip+ spread spike around that time?
in Which pairs. Sometimes it happens but if it happens to often you should move to other place for trading. Good brokers should manage their liquidity sources properly to maximise time of getting top-grade conditions for its clients.
US time switched to daylight saving this Sunday (March 14). I cannot tell you anything about your table as I don't know what timezone those times are.has the forex opening times changed because of the season as i am getting caught out in spreads? is the table below correct to opening and closing times? can you tell me for asian sessions as well?
Region Open and Close Times London Open 7 AM London Close 4 PM NY Open 12 PM NY Close 9 PM
//---happened on GBP/USD yesterday and today 9:00pm UK time, spread went 10pips + , then market closed for 10pm UK time to further restart another 5 - 10pips spread, this has been happening since tuesday, never encountered that ever since?
so it should take about 2 weeks? its very daunting becos i get a spike in spread at 9pm UK time and 10pm UK time when usa market closes, dis just started last week//---
odds are it has something to do with the new york being on daylight savings time while much of the world has yet to switch..... there is a 2 week window where the phase out of banks/liquidity causes spread increases at unusual times.....
once all countries get their time aligned, things return to normal..... or least as normal as normal that is..... h
i checked out Roboforex and ICI markets on friday 9pm UK time and both companies had the same issue at that timein Which pairs. Sometimes it happens but if it happens to often you should move to other place for trading. Good brokers should manage their liquidity sources properly to maximise time of getting top-grade conditions for its clients.
Why are the spreads higher after 11pm server time, then 12 midnite server time NY market closes and opens with another higher spread? that 2 hours of spread widening? what is going on at 11pm server time???Spread widening at 9:20 PM UK time would be strange, but spread widening at around 9:00 PM UK time is normal because it coincides with New York close and Forex rollover fees application.
it will take about 2 weeks before the times align... the normal spread increase following the first hour after the new york close, 5pm est to 6pn est, will stay.....so it should take about 2 weeks? its very daunting becos i get a spike in spread at 9pm UK time and 10pm UK time when usa market closes, dis just started last week
Spreads can widen for lots of reasons. The 5 PM (NY time) is just one of them. During other times, spreads may widen due to unexpected market news or problems with liquidity at your broker.Why are the spreads higher after 11pm server time, then 12 midnite server time NY market closes and opens with another higher spread? that 2 hours of spread widening? what is going on at 11pm server time???
It's hard to pin down spread issue to some event, however if you see this in other 1-2 platforms, then it's acceptable.happened on GBP/USD yesterday and today 9:00pm UK time, spread went 10pips + , then market closed for 10pm UK time to further restart another 5 - 10pips spread, this has been happening since tuesday, never encountered that ever since?