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spreads or inflated spreads ??

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fixent
7
fixent 2016.10.30 18:00 

How is it possible  hat   at 2300 hours   nearly  every day  spreads  go  up like   following 

 Eurousd   froö  2   to    36       gp  usd    froö  3.5     to 95  or   or   higher   and gold   usd   froö 100   to   880

broker  says is  due  to  liquidity provider   that  they  as  broker  have  no influence on the spreads 

is this   true  or  just a  story

whroeder1
14470
whroeder1 2016.10.30 18:36  
fixent: How is it possible  hat   at 2300 hours   nearly  every day  spreads  go  up like
  1. 2300 hours says nothing.

    Brokers use a variety of timezones. Their local time (with or without DST,) GMT/UTC, GMT+2, NY+7.

    Only with NY+7 does the broker's 00:00 equals 5pm ET and the start of a daily bar is the start of a new FX day.

    GMT brokers, means there is a 1 or 2 hour D1/H4 bar on Sunday (depending on NY DST,) and a short Friday bar.

    GMT+2 is close but doesn't adjust for NY DST. 

    EET is closer except when their DST doesn't match NY's. Last Sunday of March and 1:00 on the last Sunday of October vs second Sunday in March and return at 2:00 a.m. EDT to 1:00 a.m. EST on the first Sunday in November.


  2. I see the same thing. Spreads widen 15-30 minutes before 5pm ET and return to normal 30-60 after.
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