Rollover is the carry over of existing positions to the next business day. Trading will not be possible during the rollover period from server time 23: 59-0: 01 (New York 4:59 PM) for 2 minutes every day.
Monday Market Opening Time : 00:01
Rollover Time Slot : 23:59 - 00:01
Friday Market Closing Time : 23:55
During the rollover, all major banks and investment banks reset the system in preparation for the next day's trading. Therefore, we, as an ECN / STP broker, will also be unable to trade during the same time period.
Also, please note that during rollover, liquidity drops sharply, which may lead to wide spreads and large spikes and volatility.