FTUK Futures does not permit the holding of trades overnight or during the weekend.
Traders must close their positions by 3:50 PM CT (8:50 PM GMT) every trading day.
The FTUK XT platform sends out a warning 15 minutes before automated trade closures, starting at 3:35 PM CT (8:35 PM GMT).
Traders have 15 minutes to manage and close their positions.
Positions that remain open past this deadline will be automatically closed at 3:50 PM CT (8:50 PM GMT) every trading day to manage risk and ensure account protection.
During the week, trading will restart at 5:00 PM CT (10:00 PM GMT).
Daily Break: There is a daily maintenance period each day, typically from around 4:00 PM to 5:00 PM CT.
Please note the changes regarding daylight saving time.
Rationale for This Policy :
Risk Management: Allowing overnight or weekend holding poses potential gap risks when the market reopens, which could adversely affect trading positions.
Account Protection: Automatic liquidation serves to shield traders from unintended losses that may arise due to price fluctuations outside of regular trading hours.
Stable Trading Environment: This policy promotes a uniform risk-controlled trading environment for all participants.
Trader Accountability: Traders are responsible for monitoring their positions and ensuring they are closed within the designated timeframe each day.
