Orbex Updates Trading Hours for End of Daylight Saving in 2023
Orbex said European daylight saving ends on 29 October 2023 and US daylight saving on 5 November, when its server time moves to GMT+2. The broker's notice lists revised sessions for EU and UK stock CFDs, several cash and futures indices, and coffee and cocoa, while FX, metals, energies, cotton and some US indices are unchanged.
View original sourceStock CFDs and Unchanged Markets
Orbex said FX and metals trading hours will not change under either date. EU and UK stock CFDs are listed at Monday-Friday 11:02-15:00 and 15:03-19:30 under the 29 October column, labelled GMT+3 server time, and at 10:02-14:00 and 14:03-18:30 under the 5 November column, labelled GMT+2 server time. US stock CFDs are marked no change. Energies NGxx, UKOILxx and USOILxx, plus COTTONxx, are also listed as no change.
Index and Futures Sessions
Several index products have revised sessions. AUS200 is no change for 29 October and is listed for 5 November at Monday-Thursday 00:50-07:30 and 08:10-22:59, Friday 00:50-07:30 and 08:10-22:57. GER40, France 40 and UK100 are listed at Monday-Thursday 01:00-23:59 and Friday 01:00-23:57 for 29 October, then Monday-Thursday 01:00-23:59 and Friday 01:00-23:12 for 5 November. Spain 35 shifts from Monday-Thursday 10:00-21:59 and Friday 10:00-21:57 to Monday-Thursday 09:00-21:00 and Friday 09:00-20:57. Euro 50 shifts from Monday-Thursday 03:15-23:59 and Friday 03:15-23:57 to Monday-Thursday 02:15-23:00 and Friday 02:15-22:57. Hong Kong 50 is no change for 29 October and is listed for 5 November at Monday-Thursday 03:15-06:00, 07:00-10:30 and 11:15-21:00, Friday 03:15-06:00, 07:00-10:30 and 11:15-20:57. Japan 225, US30, NAS100 and S&P 500 are marked no change.
Agricultural Products
COFFEExx is listed at Monday-Friday 12:15-20:30 under the 29 October column and 11:15-20:30 under the 5 November column. USCOCOAxx moves from Monday-Friday 12:45-20:30 to 11:45-20:30. COTTONxx is no change.
Server Time
Orbex said European daylight saving time ceases on 29 October and US daylight saving ends on 5 November 2023. The table labels the European column GMT+3 server time and the US column GMT+2 server time; the notice says server time will be adjusted to GMT+2 on Sunday 5 November 2023. No exact time for the server-time adjustment was stated. Orbex added that trading times are subject to change without prior notice.
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