_[wanda] Debbra waiting for forex to update will be down for a hour to update currencys
[owl2] tbones IF (and a big if) Rates from all countries were actually zeroed then maybe this is an "ideal" time to stop things for moments while pre-programmed rates are downloaded?
[lojak] cashinqueen during rollover, the markets dont close
[lojak] forex never actually shuts down...so this would be unprecedented if that was to occur. It only closes at 5 eastern Friday and reopens at 5 pm sunday.
[lojak] scroll down on that posting[forex website]--you will see where it says the markets are open 24 hours a day.
bones] showmethemoney Lojak is right, the market never really closes until Friday, to reopen on Sunday. But note the daily schedule for worldwide updates for all markets is notification just before 4 pm EST.
[DBF] cashinqueen My Forex guy said Forex NEVER Shuts down and if this is real news then this should be IT.
[LisaMarie] this has never been done before
12:47 PM [cashinqueen] [skysthelimit] FYI....Forex; Rollover= Rollover happens every day at 5 pm EST. Brokers shut down their tradings from 4:58 pm until 5:05 pm. They do this in order to rollover the open positions from one day to the next. In the Forex, the interest rates are set daily, so they rollover...
12:55 PM [lojak] you guys dont get all caught up in the market talk--just understand that if...thats a big if, the forex market shuts down that is unprecedented and its all good for us ..................
12:56 PM [cashinqueen] [Passion for Purpose] Soulwarrior: this is GREAT news! and I'm also hearing from contacts in the u.k. that forex is shutting down this afternoon for currency
updates....hmmmmmm....Thanks, jonny and gacavegirl!!