US Daylight Saving Time change November 2017
Daylight Saving Time in US ended on Sunday November 5, 2017. US Clocks will move back an hour on November 5, 2017.
US markets open/close times will be 10:30PM until 05:00AM SG time
FX trading hours will be 06:00 AM until 06:00 AM SG time
Australia Daylight Saving Time change October 2017
Daylight Saving Time in Australia started on Sunday October 1, 2017. Australia Clocks will move ahead an hour on 1 October 2017.
Australian Exchanges will shift 1 hour earlier (compared to SG time) for opening and closing.
Europe Daylight Saving Time change March 2017
Daylight Saving Time in Europe started on Sunday March 26, 2017. Europe Clocks will move ahead an hour on 26 March 2017.
European Exchanges will shift 1 hour earlier for opening and closing.
US markets Tick Size Pilot Program starting from 3 Oct 2016
On 3 Oct 2016, the U.S. Securities and Exchange Commission (“SEC”) will be implementing a pilot program to widen the bid-ask spread in certain smaller capitalized issuers. The purpose of the program is for the SEC to collect data and see if widened spreads help capital formation for smaller companies.
The program includes 1200 securities in three test groups selected by FINRA, subject to changes. The program is being phased in starting 3 Oct 2016 and by 31 Oct 2016, all 1200 securities will be phased in.
In accordance to the schedule of the affected securities, you will have to enter your order in 5 cent increments (eg : 0.05, 0.10, 0.15, etc) for the affected securities. Your order will be rejected by the respective Exchange if you have entered an incorrect price increment.
Please remember to check your order status in the order book for the latest status.