On Sunday the 8th of March, BIC Markets will move forward by one hour from GMT+2 to GMT+3 as the US will enter daylight savings. Europe will follow on Sunday the 29th of March.
Whilst trading for most products will remain unaffected, there will be a change in the trading hours of some products. European based markets will open one hour later relative to server time as of the 8th of March, but will resume their previous trading hours when Europe enters daylight savings on the 29th of March.
How Does This Change Affect you?
The BIC Markets server time will be adjusted from GMT+2 to GMT+3. Trading hours for most currencies and commodity products will remain unaffected by the US daylight savings change. However, you may notice that some products will open 1 hour earlier on Monday morning as not all regions will move forward by one hour with the US.
Please note that the change to GMT+ 3 may affect your EAs and you may need to adjust the time setting prior to the 8th of March.
Why Does BIC Markets Make the Change?
BIC Markets updates the server GMT offset to align the daily chart candles with New York close (5pmET). This ensures accurate chart information so that charts always display 5 daily bars for each week.