Christmas is around the corner!
The Darwinex Trading Schedule for the 2020 Christmas and New Year Holiday Period is already available in the calendar of Amended Darwinex Trading Hours.
Note that during the Cristmas and New Year holiday period spreads may widen and swaps may be affected by the ‘turn’ effect. The ‘turn’ effect is a phenomenon that exists in financial markets which is caused by supply and demand for funding over key dates such as year or quarter-end. This can create anomalies in the forward curves for certain currencies, and we are already beginning to see this priced into the year-end swap points that we receive from our liquidity providers.
Further, you may want to check out what happens if you want to buy/sell a DARWIN which has underlying trades open with different opening/closing times.
As always, if you have any queries, please feel free to contact us at firstname.lastname@example.org.
The Darwinex Team wishes you a Merry Xmas and a Happy New Year!