Information sharing from FBS :
Christmas and New Year holidays schedule
21 Dec 2011, 16:14
Dear traders!
As usual due to the Xmas and New Year celebration the schedule of trading and trading conditions will be changed. Please make sure to read it and modify your trading accordingly.
Holidays schedule:
Friday, December 23, 2011 – trading is closed at the usual time
Monday, December 26, 2011 — trading is opened at 09:00 (GMT+2, terminal time)
Friday, December 30, 2011 — trading is closed at the usual time
December 31, 2011 — January 1, 2012: New Year's Holiday
Monday, January 2, 2012 — trading is opened at 03:00 (GMT+2, terminal time)
Customer and Financial departments operate as usual.
In case the usual market schedule changes, FBS has the right to make amendments.
Due to traditionally low liquidity and high market volatility from 26th of December 2011 to 2nd of January 2012, it can lead to the increase of margin requirement to 1:100, spread widening, the increase of pending orders level (Stop & Freeze Levels). Trading some instruments can be closed in this period of time.
FBS recommends to hold margin level no less than 500% and, if possible, to reduce market total position.