PipFarm Announces Weekly Calendar for Limited Trading Events: December 9–13, 2024

PipFarm, a leading trading firm, has released its detailed calendar outlining restricted trading periods for the week of December 9 to December 13, 2024. The announcement emphasizes transparency and preparedness for traders, particularly during high-impact financial events.

Key Highlights of the Trading Calendar:

December 9-10, 2024 (Monday & Tuesday)

The week begins with no limitations on trading activities. Traders are free to open and close positions without restrictions on these days.

December 11, 2024 (Wednesday)

Significant economic announcements will start affecting trading:

• 1:30 PM (GMT): Core CPI m/m, CPI m/m, and CPI y/y reports are expected to be released, which could impact market volatility significantly.
• 2:45 PM (GMT): The Bank of Canada (BOC) will deliver its Rate Statement, revealing the Overnight Rate.
• 3:30 PM (GMT): The BOC Press Conference will follow, providing further insights into monetary policy decisions.

December 12, 2024 (Thursday)

An action-packed day with several key events:

• 8:30 AM (GMT): The Swiss National Bank (SNB) will release its Monetary Policy Assessment.
• 9:00 AM (GMT): The SNB will announce its Policy Rate, followed by a Press Conference.
• 1:15 PM (GMT): The Main Refinancing Rate and the European Central Bank's (ECB) Monetary Policy Statement will be revealed.
• 1:30 PM (GMT): Inflation data, including Core PPI m/m and PPI m/m, will be released, along with Unemployment Claims.
• 1:45 PM (GMT): The ECB Press Conference will conclude the day’s major events.

December 13, 2024 (Friday)

The trading week wraps up with the release of:

• 7:00 AM (GMT): The United Kingdom's GDP m/m data, which is expected to impact GBP-related instruments.

Trading Rules During Events

To ensure a stable and fair trading environment, PipFarm has implemented the following rules:

1. Opening Restrictions: New positions cannot be opened 5 minutes before and after major news events.
2. Scope: This restriction applies to all instruments except cryptocurrency.
3. Closing Flexibility: Traders are allowed to close their positions during restricted periods.
4. Stop Loss/Take Profit: These settings remain unaffected throughout.