Saturday and Sunday trading works differently depending on the market.
Our Saturday and Sunday indices are all separate markets to their weekday counterparts, enabling you to speculate on developments over the weekend without affecting your weekday positions.
If, for example, you hear some news on a Friday night that you think will cause a rally for the Germany 30, you no longer have to wait until our weekday market opens to trade. Instead, you can open a position from 2am on a Saturday.
If you keep your weekend trade open beyond 9.40am AU time on Monday, then we’ll automatically roll it over into a new weekday position at no cost to you.
And because our weekend markets are separate, any existing weekday positions won’t be affected unless you keep your weekend trade open beyond 9.40am AU time on Monday, at which point well net your weekend position with or against your existing open position. If you have attached stops or limits to your weekend position, it will roll into a new weekday position with the same stops and limits in place.
Trading cryptocurrencies CFDs on Saturday and Sunday works a little differently. Because the underlying market is open over the weekend, we’ve extended our weekday market. So any CFD positions on cryptocurrencies will move over the weekend, and stops/limits can be triggered.
As our current CFD cryptocurrency markets are now available on weekends, any stops and limits you hold will be affected by our extended trading hours. This extra trading period means that you have longer to speculate on the price of these markets, and also that any stops or limits you have to open or close positions can be filled on weekends.
Our Saturday and Sunday markets on GBP/USD, EUR/USD and USD/JPY are separate to their weekday equivalents. This means you can speculate on market developments over the weekend without having to alter an existing weekday position. Weekend cable (GBP/USD) is distinguished from the weekday market by its name on the platform – ‘Weekend GBP/USD’. The same principle applies to EUR/USD (‘Weekend EUR/USD’) and USD/JPY (‘Weekend USD/JPY’).
If you keep your weekend trade open beyond 7.40am AU time on Monday, then well automatically roll it over into a new weekday position at no cost to you.
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