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Daylight Saving Time ends in US and EU -Changed FX & CFD Market Hours-
US and EU DST ends in different days. Affecting Financial Market Hours.
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In observance of the Daylight Saving Time end in Europe on Sunday, 30th October 2016, we would like to inform you that the FX Market would open as usual at 21:00 GMT on Sunday.
The server time zone will remain GMT +3 thus on your MT4 Terminal you will watch market open on Monday at 00.00am.
Please see the below Table.
| October 30th, Sunday | November 4th, Friday | ||
|---|---|---|---|
| Forex | Precious Metals | Forex | Precious Metals |
| Opening at 21:00 GMT | Opening at 21:00 GMT | Closing at 21:00 GMT | Closing at 21:00 GMT |
| November 6th, Sunday | November 11th, Friday | ||
|---|---|---|---|
| Forex | Precious Metals | Forex | Precious Metals |
| Opening at 22:00 GMT | Opening at 22:00 GMT | Closing at 22:00 GMT | Closing at 22:00 GMT |
However, when US Daylight Saving Time ends on Sunday, 6th November 2016 the FX Market will open at 22:00 GMT. The MT4 server Time Zone will move to GMT +2 and therefore on your MT4 Terminal you will watch market open on Monday 7th November 2016 at 00:00am.
European equity indices such as FTSE, CAC and DAX after DST ends in Europe will open one hour later and when the US DST ends on November 6, the trading sessions will turn to the usual.
| Trading Sessions Equity Indices due to DST End Europe | |
| DAX | 10:00 – 24:00 |
| CAC40 | 10:00 – 24:00 |
| FTSE | 4:00 – 24:00 |
| DAX Cash | 10:00 – 24:00 |
| CAC40 Cash | 10:00 – 24:00 |
| FTSE Cash | 10:00 – 24:00 |
| EUSTX50 Cash | 10:00 – 24:00 |
| Bund | 10:00 – 24:00 |
It is strongly recommended that you review your running EAs settings and make the appropriate adjustments to prevent any issues that might occur by this change. Please make sure you recalculate the time difference, so that you are aware of correct market open and close times.
If you have any further questions or need an assistance regarding the Daylight Saving Time change, please don’t hesitate to contact Fidelis CM.
