Please be informed that liquidity on NZD pairs aorund 07:00 am NZ time has experienced an important drought.
This has given rise to wider spreads and larger candles around 07:00 am NZ time during the last few weeks, which in turn caused slippage and more TP and SL getting triggered than usual.
Given that the liquidity available in the market during those times does not meet the high quality standards that our traders deserve, we will be introducing a daily 1 minute break at 07:00 am NZ time on all NZD pairs (i.e., AUDNZD, EURNZD, GBPNZD, NZDCAD, NZDCHF, NZDJPY and NZDUSD) so our customers’ trades are not affected by the low liquidity available during said minute.
This means that NZD pairs will remain closed from 07:00 am NZ time to 07:01 am NZ time. The new trading hours will be effective from Monday, 24 January 2022 and will remain in force until further notice.
We will monitor the liquidity available at all times and we will remove the NZD daily trading breaks only when we are sure that the liquidity available meets our clients’ needs.
Please do not hesitate to contact us at firstname.lastname@example.org should you need assistance.
Your Darwinex Team