Exchange work on New Year's holidays 2023

Traditionally, before the New Year holidays, most traders are interested in how the exchange will work and what days the weekend falls on.

This information is necessary in order to close existing positions on time and avoid charging additional commissions for transferring positions.

In addition, we should not forget about the holiday decrease in liquidity for almost all traded assets, which leads to a significant widening of spreads.

Therefore, you need not only to know how the exchange will work during the New Year holidays of 2023, but also to constantly monitor the size of the spread on the days before the holidays.

Features of the operation of exchanges during the New Year holidays 2023

12/23/2022 Friday – early closing of trading on most exchange platforms. It is advisable to close all existing transactions before 12:00 GMT

December 24, 25 and 26, 2022 Monday - weekend and Catholic Christmas celebration, trading is not held, for the transfer of positions a swap of 4 times is charged.

27.12. 2022 Tuesday – the Australian, London, Hong Kong and Canadian stock exchanges are closed. At the same time, the currency and commodity exchanges are operating normally.

12/30/2022 Friday – early closing on the Australian and London stock exchanges, it is recommended to close transactions before 12:00.

01/02/2023 Monday – New Year celebration, no trading.

01/03/2023 Tuesday – all assets are traded in the standard mode except for the UK100 indices (trading is closed) and IN50 (trading starts at 2:00).

Despite the fact that the work of exchanges during the New Year holidays is limited, you can trade assets such as cryptocurrencies.

Cryptocurrency brokers - https://time-forex.com/kriptovaluty/brokery-kriptovalut

Or open transactions on the Binance cryptocurrency exchange - https://www.binance.com/ru

To monitor the floating spread, it is recommended to use the spread indicator - https://time-forex.com/indikators/indik-spred-monitor