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FinFX News

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FinFX Trading Hours on Easter 2014

Friday 11th of April 2014

FinFX would like to inform their clients that the Gold and Silver pairs will already close on Thursday, April 17th at 21:00 GMT / 5 PM EDT due to Good Friday on April 18th. The Gold and Silver pairs will open again normally on Sunday April 20th at 22:00 GMT / 6 PM EDT.

The FX pairs will be open normally on April 18th, but since Good Friday and Easter Monday (on April 21st) are international bank holidays, please be aware that there might be limited market liquidity available.


FinFX Opening Hours on Easter 2014


FinFX Back Office, Marketing and Partnership Sales departments are closed on Friday April 18th and Monday April 21st 2014. Good Friday and Easter Monday are both national bank holidays in Finland.

However, the FinFX Customer Support is open normally during Easter 2014.

Finland, along with the rest of Europe, enters Daylight Saving time on Sunday March 30, 2014. This means that the trading hours will then have normal end-of-day (EOD) time at 21:00 GMT /MetaTrader server time, which is equivalent to 5 PM EDT.

However, please note that the time zone change has an impact on the FinFX Office Hours that change from GMT+2 to GMT+3 starting this Sunday March 30, 2014.

New currency pairs are available

Friday 14th of March 2014

FinFX is happy to announce that 3 new currency pairs have been added to MT4 platform, to both the Demo and Live accounts. However, please note that the new pairs are currently available on demo, ECN Pro and PAMM accounts. Starting from next week you can also trade them on Micro and ECN accounts.

The following pairs were added:

USDZAR: US Dollar - South African Rand
USDZAR has been the most requested currency pair by FinFX clients. We believe this is because its relatively high interest rates make ZAR a popular carry trade currency.

USDPLN: US Dollar - Polish Zloty
The USDPLN is the most popular pair to trade the Polish currency due to its high volatility. In addition, since FinFX has recently gained some ground in the Eastern Europe, this pair was also among the most requested ones.

USDCNH: CNH is an offshore version of the CNY (Chinese RMB)
The explosive growth in China over the past decade has transformed it into one of the largest economies in the world making it a force in international finance. FinFX added the USDCNH pair, so investors outside of mainland China can now trade on the growth and volatility inherent in an economy that continues to be one of the world's fastest-growing.

Based on your requests, FinFX have added new liquidity providers in precious metals, which enable them to offer some of the lowest spot gold spreads in the industry. Now, all FinFX clients are able to trade XAUUSD with reduced cost and superior execution.

Diversify or hedge your FX portfolio by incorporating gold as an asset class.

How much was the spread reduced?

XAU/USD transaction costs decreased by over 25% (since January 2014) as a result of their new LP introductions.

If you have an existing FinFX Live Account, you can already start trading spot gold with improved spreads on your account without having to do anything extra. Alternatively, you can also open a new demo or a live account by clicking here.

FinFX would like to inform their clients that due to the Daylight Saving Time (DST) change in the US, Canada and other countries this weekend, your trading hours might be temporarily affected until Europe enters the Daylight Saving Time on Sunday, 30 March 2014.

Forex

On the following three Sundays the opening time will be one hour earlier at 21:00 GMT MetaTrader server time (equivalent to 5 PM EDT) on all FinFX Trading Accounts:

9 March 2014
16 March 2014
23 March 2014

In addition on the following three Fridays the closing time will be at 21:00 GMT MetaTrader server time (equivalent to 5 PM EDT) on all FinFX Trading Accounts:

14 March 2014
21 March 2014
28 March 2014


Precious metals

The following session times will be affected during the three-week period starting during the night from 9 March and ending 28 March 2014:

Product Symbol Opening time Closing time
GOLD SPOT XAUUSD Sunday 22:00 GMT / 6 PM EDT Friday 21:00 GMT / 5 PM EDT
SILVER SPOT XAGUSD Sunday 22:00 GMT / 6 PM EDT Friday 21:00 GMT / 5 PM EDT


Trading hours will return to normal from Sunday 30th when Europe enters the Daylight Saving Time.

FinFX would like to notify their clients that due to US Presidents' Day on the 17th February 2014, there are some changes in the trading schedule for precious metals.

The Gold (XAUUSD) and Silver (XAGUSD) pairs will close on Monday 17 February 2014 at 18:15 GMT / 1:15 PM EST and reopen again at 23:00 GMT / 6 PM EST!

However, the Forex pairs will be open normally during this time.

All FinFX Price Feeds will be down again for approximately 15 minutes at 22:10 GMT / 5:10 PM EST on tomorrow Tuesday 4th February 2014.

This is due to a second part of a major update on their trading infrastructure, which will result in providing you even more robust environment and more reliable execution.

FinFX apologize that also this second part of the update occurs during the trading hours, which might cause inconvenience to you.

Please note that all FinFX Price Feeds will be down for approximately 15 minutes at 23:00 GMT / 6 PM EST on Sunday 2nd February 2014.

This is due to a major update on the FinFX trading infrastructure, which will result in providing you even more robust environment and more reliable execution.

FinFX apologize that this update occurs during the trading hours, which is unusual and thus might cause inconvenience to you.