Markets Break on Christmas Day & Boxing Day & New Year’s Day

Dear Valued Clients:

 

We kindly remind you that Christmas Day , Boxing Day and New Year’s Day are going to happen soon. So  during this time, the trading hours of makets will be changed, and the details are as below. Please carefully review the table to reduce the potential risks.

 

Trading Hours  
Markets MT4
Fri.

22nd,Dec

Mon.

25th,Dec

Tue.

26th,Dec

Fri.

29tht,Dec

Mon.

1st,Jan

Tue.

2nd,Jan

FOREX  
Market Closed Normal Trading

Hours

Market Closed Normal Trading Hours Normal Trading Hours Market Closed Normal Trading Hours
Market Closed  
DJ30 Normal Trading Hours Market Closed 08:00-24:00 Normal Trading Hours Market Closed 08:00-24:00
SP500 Normal Trading Hours Market Closed 08:00-24:00 Normal Trading Hours Market Closed 08:00-24:00
FTSE100 09:00-14:30 Market Closed Market Closed 09:00-14:30 Market Closed 09:00-14:30
DAX30 Normal Trading Hours Market Closed Market Closed Normal Trading Hours Market Closed 09:00-14:30
SPI200 00:50-7:30 Market Closed Market Closed 00:50-7:30 Market Closed Market Closed
HSI Normal Trading Hours Market Closed Market Closed Normal Trading Hours Market Closed Normal Trading Hours
CHINA50 Normal Trading Hours Market Closed Normal Trading Hours Normal Trading Hours Market Closed Normal Trading Hours
COMMODITY  
USOUSD 01:00-20:30 Market Closed Normal Trading Hours Normal Trading Hours Market Closed Normal Trading Hours
CL-OIL Normal Trading

Hours

Market Closed Normal Trading Hours Normal Trading Hours Market Closed Normal Trading Hours
XAUUSD Normal Trading

Hours

Market Closed Normal Trading Hours Normal Trading Hours Market Closed Normal Trading Hours
XAGUSD Normal Trading

Hours

Market Closed Normal Trading Hours Normal Trading Hours Market Closed Normal Trading Hours

 

 

If you have any questions or require assistance,please do not hesitate to contact us via email info_asia@originecn.com.cn or by calling 400-9975-007. We are here to assist you 24 hours a day, 5 days a week.

 

Risk Disclaimer

 

High risk investment

Foreign exchange and CFD transactions refer to high risk margin trading, which is only applicable to individuals and institutional investors who are able to bear the risk of loss. Before you make a decision, you should consider your investment objectives, financial situation, experience level, risk tolerance, etc.. Our site is for your reference only, do not consist any suggestions. You should be familiar with all the risks of margin trading, and make prudent investment decisions independently. If you have any questions, please consult professional advice.

 

Margin and leverage

Origin can provide up to 400:1 leverage foreign exchange accounts, but high leverage means high profitability and high risk, small price floating may cause large fluctuations in the net asset account, so there is the possibility that you leverage trading loss part of or all of your initial amount. Therefore, should be based on your ability to bear the risk of investment.

 

Network Transaction

The transaction carried out by network has a certain risk, but not including the Internet system failure, software or hardware failure and other force majeure factors. Origin can not control your device, herein specific claim that in the process of transaction , if there are network connection ,speed problem, login failure or other problems, Origin will not responsible for network trading losses produced by client. At the same time, we will continue to optimize our network environment and servers, and strive to provide you with a good trading environment.

 

Market Analysis

All of the opinions, news, analysis, price or other information is provided from site only for the general market commentary, which did not constitute any investment advice, or induce . You will not be held responsible for Origin for the results of direct or indirect reference to such information, including (but not limited to) profits or losses.

 

Web Site

Origin has taken reasonable steps to ensure that the information on this site is correct. The content of the web site may change at any time without notice. You can legally use the site, but not unauthorized use, interference, destruction, disruption, attack any part of the site.

 

Additional Margin

You may receive a phone call for a temporary notice that requiring a substantial increase in margin to maintain your position. If you do not meet the margin requirements within a stipulated time, your position will be flat and you will bear the losses that incurred.

 

Investment Hosting

To ensure client rights, Origin will not provide hosting account service and financial advice. Because of the risk of foreign exchange market, all the clients in Origin are required to operate their own trading accounts, their accounts can not operated by others.
If client insists , Origin will consider as client trades by himself. Any loss arising from the client account shall be borne by the client himself. Origin will not cooperate with any financial institutions, Origin employees and agents are not allowed to operate the client’s account.

 

EA Documentary Transaction

All EA contains uncertainty, therefore if you choose a EA documentary transaction, please be responsible the risk yourself. Origin will remain neutral that client is using (Expert Advisors) automatic trading program, Origin will not recommend any EA to you. At the same time, the EA transaction caused by the position problems, open or close, no matter what kind of circumstances, Origin will not assume any responsibility.

 

Slippage

Slippage refers to the differences and the deviation between the actual transaction price and setting price, usually occurs with major news events, or market re-opened, or when there is a change in the price quotation of order that sending to bank or broker in this period of time, price gap may occur and you may deviated from the original default price. This situation may bad for you (slippage is away from your point of view), and also be in your favor (slippage direction is close to your asking price).

 

Slippage can not be avoided and predicted. In the real market, we can not control the price, it is impossible to predict the next price and give the scope of slippage. Therefore, Origin does not assume any loss or compensation caused by slippage or flat because of market gap.

 

Price gap

Price gap usually have two kinds of cases:
1. There is a abnormal distance between the previous price and next price, this situation we call it “Price Gap”, same with the “gap” that we can observe with the figure on left.
2. In same minute, price have great changes, the figure on the right shows although the gap is not visible, there is still a price gap in the market.。

 

Price gap is familiar with spread widening , both occur easily when major financial data are published or there are unexpected news events , such as non farm payrolls, US interest rate resolution, as well as weekend market closing and Monday opening, etc..

 

Influence of Price Gap:

  1. No matter whether it is take profit, stop loss, or other types of pending order, as long as there is a market gap, its turnover will be affected. Due to the real market price , the range of price gap can not be predicted.
    2. Price Gap will cause the order execution occur with slippage.
    3. Slippage caused by price gap may lead to the net value is lower than 100% of the margin and accordingly results in liquidation. In this case, Origin will require additional positions of negative customers.

 

Therefore, Origin is responsible and necessary to remind you should fully understand the market risks and prudent to invest according to self financial condition and trading experience . Slippage or liquidation caused by the market gap, Origin does not assume any responsibility.

 

Spread Expansion

Origin as an STP-ECN platform, we provide our client with floating spread transaction, you can view our current basic information about floating spread of trading products via Origin web site. However, in some specific situations ,the average spread of trading products may higher than usual, we call it spread expansion.

 

Many banks and trading institutions stop the offer and trading for the purpose of risk management in the case of opening or risk events, so that the flow of the liquidity offer source is smaller, and accordingly the spread of Origin is expanded on the premise of offer from a very small number of banks.

 

Why spread widening exists?

 

During to the high risk events or market opening period, plenty of banks and trading institutions in order to stop the quotation and trading for risk management, thus cause price source flow of liquidity becomes smaller. Under the premise with few quotations from banks, the spread in Origin will be widened.

 

The time of spread expansion generally focuses on:
a.Within 5 minutes while suspending at weekends and opening on Monday.
b.Occurrence of important data or major news.

 

Possible influence of spread expansion on trading:
a.Liquidation of hedge account. (For lack of the available margin of clients, the spread expansion will result in the reduction of net value and excessively low proportion of margin. When the net value is reduced to 100% of the margin, the system will carry out the forced liquidation for the client position. During this process, the decrease in funds after liquidation of clients will be caused along with the slippage.)
b.Asymmetric transaction of stop profit and stop loss points in view of the hedge. (Due to the large spreads of the ask price and bid price, the transaction price of ask and bid will have great difference.)
Thus, Origin reminds the clients with frequent hedge trading of reserving the sufficient margin trading during the process of trading, in case that the net value is lower than 100% of the margin and accordingly results in liquidation.
This phenomenon is the general phenomenon of market trading, so Origin strongly recommends the clients to carefully read the risk instructions, understand the real market conditions and then choose trading. Otherwise, Origin Markets will not bear any responsibility and even will not pay any compensation for the slippage transaction or liquidation due to spread expansion of the objective market in the particular cases.

 

 

 

Risk Disclaimer:Forex margin trading carries a high level of risk to your capital, may not be appropriate for all investors. Investors shall carefully consider your financial condition and affordability before trading any financial product. Trading could lead to profits as well as loss of your investment capital, you may lose all your initial invested capital. Please ensure you've read all the risk warning before trading.

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