Online broker eToro is planning a change to Forex trading hours.
Starting from Sunday March 3, 2024, eToro will be introducing a daily break between 22:00 PM UTC and 22:05 PM UTC for all Forex pairs.
The broker says this measure is designed to shield traders from the potential of inflated spreads during these times.
A daily break is a routine interval when trading halts. These breaks usually happen during overnight periods, weekends, or public holidays, keeping prices stable until trading picks back up.