On Monday, the stock market experienced a modest downturn, with the S&P 500 and the Nasdaq Composite retracting from their peak levels despite the surge in technology stocks, fueled by the artificial intelligence boom. The S&P 500 slightly declined by 0.12%, and the Nasdaq fell by 0.41%, even as Nvidia and Super Micro Computer witnessed notable gains. The broader market’s sentiment was tempered by losses in key sectors and major tech companies like Apple and Tesla. Meanwhile, the currency market showed limited volatility as investors awaited significant U.S. economic updates, including Federal Reserve Chair Jerome Powell’s testimony and non-farm payroll data. The anticipation of these events, coupled with mixed outcomes in the stock and currency markets, underscores the cautious approach of investors amidst the ongoing enthusiasm for AI and technology advancements.

Stock Market Updates

On Monday, the stock market experienced a slight retreat, with both the S&P 500 and the Nasdaq Composite stepping down from their all-time highs, despite significant gains in technology stocks spurred by the artificial intelligence boom. The S&P 500 fell by 0.12% to 5,130.95, the Nasdaq Composite dropped by 0.41% to 16,207.51, and the Dow Jones Industrial Average decreased by 97.55 points, or 0.25%, ending at 38,989.83. This pullback brought the S&P 500 and the Nasdaq back from their recent record highs. Noteworthy performances included Nvidia, which surged by more than 3%, and Super Micro Computer, which soared by 18% following the announcement of its upcoming inclusion in the S&P 500. Additionally, bitcoin-related stocks like Microstrategy and Coinbase saw significant gains as the cryptocurrency approached its 2021 peak, indicating a broader appetite for risk among investors.

Despite the excitement around artificial intelligence and select stock advancements, the market was dragged down by underperforming sectors and notable tech companies. The communication services sector led the S&P 500 lower, with Apple dropping 2.5% after a hefty EU antitrust fine and Tesla declining over 7% after announcing new price discounts. Outside of tech, companies like Ford and Macy’s enjoyed gains due to positive sales data and increased acquisition offers, respectively. However, the airline sector showed mixed results, with JetBlue rising over 4% and Spirit Airlines falling more than 10% after canceling their merger plans. As the market digests these movements amid ongoing AI-driven enthusiasm, investors are keenly awaiting insights from Federal Reserve Chair Jerome Powell’s upcoming monetary policy updates, along with key employment and manufacturing data set to be released throughout the week.

Data by Bloomberg

On Monday, the stock market saw a mixed performance across various sectors, with a slight overall decline of 0.12%. Utilities (+1.65%), Real Estate (+1.07%), and Materials (+0.70%) sectors led the gains, showcasing a stronger performance, while Industrials, Financials, Information Technology, and Consumer Staples also posted modest increases. On the downside, Health Care, Energy, Consumer Discretionary, and Communication Services experienced declines, with Communication Services facing the steepest drop of -1.52%. The energy sector also saw a notable decrease of -1.08% and Consumer Discretionary wasn’t far behind with a decline of -1.27%. This varied performance highlights the differing investor sentiments and economic factors influencing each sector.

Currency Market Updates

In the currency market, the USD index displayed minimal volatility, oscillating between 103.72 and 103.96, as market participants braced for a series of pivotal U.S. economic updates. These include the eagerly anticipated non-farm payrolls data and Federal Reserve Chair Jerome Powell’s testimony to Congress. Comments from Atlanta Fed President Raphael Bostic highlighted a cautious stance on inflation, suggesting the Fed has the luxury of time to ensure inflation targets are met, while also pointing out the potential inflationary pressures from “pent-up exuberance” within the economy. Furthermore, expectations for Federal Reserve rate adjustments, as inferred from SOFR futures, signal a consensus towards a subdued outlook on rate cuts, anticipated to commence in June, with a projection of nearly -80 basis points through the end of 2024.

In currency pair movements, the EUR/USD saw a modest uptick, gaining 0.17% to reach 1.0860, with market sentiment slightly skewed towards potential gains in anticipation of forthcoming U.S. economic data and Powell’s remarks. Meanwhile, the USD/JPY pair experienced a 0.24% rise to 150.50, amidst expectations of diverging monetary policies between the Fed and the Bank of Japan. The GBP/USD pair also recorded gains, increasing by 0.36% to 1.2698, as traders speculated on the Bank of England maintaining a marginally higher interest rate regime compared to the Fed, amid persistent above-target inflation in the UK. In contrast, Bitcoin and gold witnessed significant appreciation, with Bitcoin surging to a new yearly high of $67.6k, driven by ETF-related buying, and gold advancing by 1.6% to $2,117, both reflecting broader market dynamics and investor sentiment.

Picks of the Day Analysis

EUR/USD (4 Hours)

EUR/USD Reaches Two-Week High Amid Dovish Fed Signals and ECB Easing Prospects

The EUR/USD pair witnessed a notable uptrend, reaching new two-week highs in the 1.0865–1.0870 range, buoyed by the ongoing weakness of the US dollar as the USD Index dipped below the 104.00 mark, despite positive shifts in US yields. This movement was supported by risk-on market sentiment and anticipations of a Federal Reserve easing cycle starting in June, reinforced by comments from Fed officials suggesting a possible reduction in policy rates over the summer. Contrasting views among Fed policymakers highlighted a debate on the timing and conditions for rate cuts. Concurrently, the European Central Bank (ECB) signaled a potential start for its easing cycle in the summer, with inflation data supporting such a move. This comes as 10-year bund yields in Europe showed a declining trend, indicating a complex interplay of expectations and market reactions affecting the EUR/USD dynamics.

Chart EUR/USD by TradingView

On Monday, the EUR/USD moved higher and was able to reach the upper band of the Bollinger Bands. Currently, the price is moving below the upper band, suggesting a potential downward movement to reach the middle band. Notably, the Relative Strength Index (RSI) maintains its position at 56, signaling a neutral outlook for this currency pair.

Resistance: 1.0858, 1.0888

Support: 1.0838, 1.0812

XAU/USD (4 Hours)

XAU/USD Surges Past $2,100 Amid Economic Indicators and Federal Reserve Speculations

Spot Gold exceeded the $2,100 threshold on Monday, continuing its upward trajectory from Friday, albeit at a diminished pace, with a notable $55.00 increase on the last trading day of the prior week, marking its most significant daily gain since December. The ascent began on Thursday following the release of US inflation data, which aligned with expectations and showed a slower annual increase in the Fed’s preferred inflation metric, the January Core PCE Price Index, since March 2021. This was seen as a relief after earlier CPI figures had heightened inflationary pressure concerns. The momentum was sustained into Friday, driven by disappointing US ISM Manufacturing PMI data and a decline in Treasury yields, which pressured the US Dollar further. Despite a minor recovery in yields at the start of the new week, gold’s trajectory remained unaffected, with market participants eyeing the Federal Reserve’s next meeting for potential rate cut signals, not anticipated before June.

Chart XAU/USD by TradingView

On Monday, XAU/USD moved higher to reach the upper band of the Bollinger Bands. Currently, the price is moving just below the upper band, suggesting a potential higher movement to reach above the upper band and reach the resistance level. The Relative Strength Index (RSI) stands at 80, signaling a strong bullish outlook for this pair.

Resistance: $2,120, $2,147

Support: $2,100, $2,079

Economic Data

Marketing Capitalisation Strategies in Forex Trading

Market capitalisation, often referred to as ‘market cap,’ is a way of measuring how much a company is worth in the stock market. It’s like looking at a price tag for the whole company. 

Understanding market cap is crucial because it tells traders how big or small a company is in the market, guiding their investment decisions and risk management strategies. 

In this article, we will explore the concept of market capitalisation and offer practical tips on how traders can leverage it for informed decisions. 

What is market capitalisation?

Market capitalisation is a key measure used in finance to assess the value of a company. It represents the total value of all outstanding shares of a company’s stock.  

Market capitalisation is established through an initial public offering (IPO), during which an investment bank assesses the company’s value using various valuation techniques. This evaluation determines the number of shares to be offered to the public and their pricing. 

For instance, if a company’s IPO value is set at $150 million, it may issue 15 million shares at $10 each or 30 million shares at $5 each, resulting in the same initial market cap of $150 million. 

In simpler terms, market cap gives us an idea of how much the entire company would cost if someone wanted to buy all of its shares at their current market price. 

Understanding market capitalisation helps investors and traders evaluate a company’s size and performance in the stock market. 

How to calculate market capitalisation

Calculating market capitalisation is straightforward and involves using a simple formula: 

Market Cap = Current Stock Price × Total Outstanding Shares. 

Market capitalisation is determined by multiplying the current stock price of a company by its total outstanding shares. The stock price represents the value of one share in the company, and the total outstanding shares indicate how many shares are available to the public. 

Let’s consider a fictional company, XYZ Inc., with a current stock price of $50 per share and a total outstanding shares count of 10 million. 

Market Cap = $50 (Current Stock Price) × 10,000,000 (Total Outstanding Shares) 

Market Cap = $500,000,000 

So, the market capitalisation of XYZ Inc. is $500 million. 

Diluted market capitalisation

In both traditional markets and cryptocurrencies, diluted market capitalisation is vital for assessing a company or project’s total value. It considers additional shares, like stock options or tokens allocated for team members and advisors, which could dilute the value of existing shares or tokens. By accounting for these potential additional shares, diluted market capitalisation provides a more accurate representation of a company or project’s worth, considering all potential shares that could be outstanding in the future. 

Let’s use Company A again as an example. Company A has a stock price of $50, 10 million outstanding shares, and potential additional shares from stock options equivalent to 1 million shares. 

• Regular Market Cap = $50 (Stock Price) × 10,000,000 (Total Outstanding Shares) = $500,000,000 
• Diluted Market Cap = $50 (Stock Price) × (10,000,000 + 1,000,000) (Total Outstanding Shares + Potential Additional Shares) = $550,000,000 

In this example, the regular market capitalisation of Company A is $500 million, while the diluted market capitalisation, considering potential additional shares, is $550 million. 

Understanding both formulas helps investors assess a company’s value more accurately and make informed investment decisions based on the company’s potential future share structure. 

Types of market capitalisation and investment strategies

Understanding market capitalisation involves categorising companies based on their size and value in the stock market. Here are the main categories: 

• Large-cap: These are large, well-established companies with a market capitalisation typically exceeding $10 billion. Examples include Apple, Microsoft, and Amazon. 

Opting for large-cap companies offers stability and steady growth over time. While short-term gains may not be as substantial, these companies often reward investors with consistent increases in share value and reliable dividend payments. 

• Mid-cap: Mid-cap companies have a market capitalisation between $2 billion and $10 billion. Examples include Etsy, Dropbox, and Duolingo. 

Positioned between large and small caps, mid-cap companies are established entities operating in industries poised for rapid growth. Despite presenting higher risk due to their growth phase, mid-caps offer attractive opportunities for investors seeking potential growth and expansion. 

• Small-cap: Small-cap companies have a market capitalisation below $2 billion. Examples include Udemy, Getty Images, and Upwork. 

Typically, younger or niche-focused, small-cap companies offer significant growth prospects. However, they also come with heightened volatility and liquidity concerns, making them riskier investments. Yet, their agility and potential for exponential growth make them appealing for investors with a higher risk tolerance and a long-term horizon. 

Market cap and market indices

Market cap is central to how market indices, like the S&P 500, track market performance. Indices use market cap-weighted methods, where larger companies have more influence. This means changes in large-cap stocks significantly impact index movements. 

Companies like Apple, Microsoft, and Amazon, with substantial market caps, strongly affect indices like the S&P 500. If their market caps rise, the index follows suit, reflecting positive market sentiment. 

Factors affecting market capitalisation

Market capitalisation, or market cap, is influenced by a range of factors: 

• Company performance: Strong financial performance boosts market cap, while undervalued shares may attract investors seeking growth opportunities. 
• Investor sentiment: Positive news increases market cap, while negative events can decrease it. 
• Industry trends: Growing industries tend to have higher market caps. However, market sentiment can lead to overvaluation or undervaluation of shares within these industries. 

Understanding these factors helps investors assess whether a company’s market cap accurately reflects its intrinsic value and whether its shares are currently undervalued or overvalued. 

In conclusion, market capitalisation is vital for investors and traders in navigating financial markets. It provides insights into company size, stability, and growth potential, guiding investment decisions and trading strategies. While market cap is valuable, it’s essential to consider other factors like company performance and investor sentiment. By understanding market cap’s role and associated risks, traders can make informed decisions and manage their portfolios effectively for long-term success in finance. 

Start trading with confidence — explore VT Markets for advanced tools and insights to leverage market capitalization effectively in your strategies.

Dear Client,

Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.

Please refer to the table below for more details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

As we step into the week commencing March 4th, anticipation fills the financial sphere for a flurry of significant economic disclosures. Investors and policymakers alike brace themselves for a cascade of reports set to influence the Federal Reserve’s trajectory leading up to the forthcoming FOMC meeting on March 19-20. All eyes are fixed on Federal Reserve Chair Jerome Powell’s semiannual monetary policy testimony before the House Financial Services and Senate Banking Committees, a session historically known as the Humphrey-Hawkins testimony, promising to command considerable attention.  

This testimony is eagerly awaited for any signals indicating shifts in the Federal Reserve’s monetary policy stance. In an environment where the Federal Reserve maintains a firm grip on the federal funds target rate range of 5.25-5.50 percent to rein in inflation and ensure price stability, Powell’s remarks will be scrutinized for any hints of policy adjustments. Despite strides made in controlling inflation, the Fed’s dual mandate urges caution in loosening monetary policy, particularly with the tight labor market’s potential to spur wage inflation. 

Against expectations of tempered economic growth, the imminent Beige Book release holds the promise of offering invaluable anecdotal evidence on economic conditions across the 12 Districts. While recent data suggest a resilient US economy buoyed by robust consumer spending and a strong labor market, striking a balance between nurturing growth and preventing inflation remains a nuanced challenge. 

This week also heralds the arrival of the monthly employment report for February, with analysts projecting a slight moderation in nonfarm payroll growth, yet underscoring the enduring strength of the labor market fundamentals. As businesses grapple with recruitment hurdles, the interplay between job vacancies, wage pressures, and inflation dynamics assumes critical significance for market strategies. 

For forex traders and market analysts at VT Markets, these unfolding events carry paramount importance. The impending economic indicators and Powell’s testimony not only provide insights into the US economic outlook but also wield significant implications for currency markets and trading strategies. As we embark on this pivotal week, remaining informed and adaptable will be imperative for navigating the evolving market landscape. 

Key Takeaways: 

• Fed Chair Jerome Powell’s testimony could offer new insights into the Federal Reserve’s monetary policy direction. 
• The Beige Book and the monthly employment report will provide further clarity on the US economic health and labor market dynamics. 
• Market participants should remain vigilant, adapting their strategies in response to the unfolding economic indicators and central bank policies. 

Stay connected with VT Markets for real-time analysis and insights on how these developments impact the forex market and trading opportunities. 

Dear Client,

Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.

Please refer to the table below for more details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

On Thursday, the Nasdaq Composite achieved a record close at 16,091.92, its highest since November 2021, driven by a surge in tech stocks, particularly those involved in artificial intelligence. This uplift in the stock market saw the S&P 500 also reaching new heights, alongside modest gains for the Dow Jones, marking a continuation of Wall Street’s positive trend into its fourth consecutive month. The enthusiasm around AI and major tech companies has played a pivotal role in this rally, overshadowing concerns about inflation and economic slowdown. Meanwhile, in the currency market, the US Dollar Index saw an upward movement, influencing major currency pairs and setting the stage for watchful anticipation of upcoming economic data and central bank communications. This complex financial landscape, highlighted by tech stock surges and currency fluctuations, encapsulates the dynamic interplay between equity markets and global economic indicators.

Stock Market Updates

On Thursday, the Nasdaq Composite surged to a record close, marking its first since November 2021, by advancing 0.90% to finish at an all-time high of 16,091.92. This rise was significantly buoyed by a rally in tech stocks and chips. The S&P 500 also reached a new record, increasing by 0.52% to end at 5,096.27, while the Dow Jones Industrial Average saw a modest gain of 0.12%, closing at 38,996.39. This upward movement in the stock market concluded February trading on a high note, extending Wall Street’s positive momentum into a fourth consecutive month, despite concerns over the durability of the AI-fueled rally. The Nasdaq led with a 6.12% gain for the month, followed by the S&P 500 with a 5.17% increase, and the Dow with a 2.22% rise, marking its first four-month winning streak since May 2021.

The resurgence of the Nasdaq has been particularly fueled by a wave of enthusiasm for artificial intelligence, significantly lifting major tech stocks, referred to as the “Magnificent 7” (Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla), and subsequently, the broader markets throughout 2023 and into this year. This rally comes after a challenging 2022 characterized by worries over rising interest rates and recession fears. In the specifics of the day’s trading, notable performers included Advanced Micro Devices, which saw a jump of more than 9%, and the VanEck Semiconductor ETF, which closed 2.2% higher. Despite the Federal Reserve’s preferred inflation measure remaining above target in January, it did not exceed Wall Street forecasts, suggesting that consumer spending remains strong. Additionally, while there were setbacks, such as Snowflake’s share drop following the announcement of its CEO’s retirement and disappointing revenue guidance, Okta experienced a significant rise of nearly 23% after reporting strong results.

Data by Bloomberg

On Thursday, the stock market witnessed a positive overall performance with all sectors combined showing a gain of +0.52%. Leading the gains were Communication Services and Information Technology, up by +1.20% and +1.17% respectively, demonstrating strong investor confidence in these sectors. Other sectors such as Consumer Discretionary, Real Estate, and Materials also posted notable increases, ranging from +0.79% to +0.90%. However, not all sectors fared as well; Utilities showed minimal growth at +0.04%, while Financials slightly declined by -0.01%. The Consumer Staples and healthcare sectors faced downturns, decreasing by -0.29% and -0.73% respectively, indicating areas of investor concern or profit-taking.

Currency Market Updates

The currency market experienced notable movements, with the USD Index (DXY) advancing above the 104.00 barrier, marking its third consecutive session of gains. This strength in the US Dollar influenced various currency pairs, notably pushing the EUR/USD pair to challenge the key support level at 1.0800. The anticipation of economic data releases, including the final S&P Global Manufacturing PMI, Construction Spending, and the ISM Manufacturing PMI, alongside speeches from several Federal Reserve officials, seems to underpin the dollar’s momentum. Furthermore, the currency market is keenly awaiting inflation figures from the euro area, alongside unemployment and manufacturing data, which could influence the EUR/USD trajectory in the coming sessions.

On the other side of the spectrum, the GBP/USD pair faced downward pressure, hinting at a potential move towards the 1.2600 region, influenced by a stronger dollar and upcoming economic releases from the UK. Meanwhile, the USD/JPY pair saw a decline to the 149.20 area, reacting to market speculations about a potential policy shift by the Bank of Japan. The AUD/USD pair also succumbed to the dollar’s strength, breaking below the 0.6500 support level amid concerns over China and forthcoming economic data from Australia. Additionally, the market focus is shifting toward China with the upcoming Manufacturing PMIs, which could have significant implications for the global currency markets, highlighted by a slight drop in the USD/CNH pair to the 7.2100 zone. Amidst these currency shifts, commodities such as WTI oil and precious metals like gold and silver displayed varied performances, adding another layer of complexity to the global financial landscape.

Picks of the Day Analysis

EUR/USD (4 Hours)

EUR/USD Dips Amidst USD Rebound and Rate Cut Speculations

The EUR/USD pair has seen a downturn for the third consecutive session, touching the 1.0800 level as the US Dollar gains strength, driven by renewed interest from investors. This movement is in sync with the rising US Dollar Index (DXY), surpassing the 104.00 mark, despite a drop in US yields. The Dollar’s resurgence, after a brief dip following US PCE data indicating disinflation, was bolstered by Atlanta Fed President Raphael Bostic’s remarks on the stubborn path to the 2% inflation target and the potential for a policy rate reduction in the summer. Concurrently, both US and German bond yields experienced a decline amid anticipations of a Federal Reserve rate cut, possibly in June, with a 52% probability as forecasted by the CME Group’s FedWatch Tool. This is paralleled by the ECB’s openness to initiating its easing cycle, hinted at for a June start by board member Peter Kazimir, amidst signs of waning inflation in Germany and ahead of crucial CPI data for the eurozone that could influence ECB rate cut timings.

Chart EUR/USD by TradingView

On Thursday, the EUR/USD moved lower and was able to reach the lower band of the Bollinger Bands. Currently, the price is moving below the middle band, suggesting a potential upward movement to reach above the middle band. Notably, the Relative Strength Index (RSI) maintains its position at 47, signaling a neutral outlook for this currency pair.

Resistance: 1.0832, 1.0858

Support: 1.0812, 1.0783

XAU/USD (4 Hours)

XAU/USD Surge Amid Disinflation Confirmation and Rate Cut Speculation

Following the release of the Core Personal Consumption Expenditure (PCE) Price Index, which met expectations and indicated ongoing disinflation, gold prices experienced a significant increase of over 0.50% during Thursday’s North American trading session. This data release led to a decrease in US Treasury bond yields, inversely benefiting the price of gold, propelling XAU/USD to $2,046. The anticipation of the Core PCE report, showing a year-on-year deceleration in inflation for January, alongside a sharp decline in headline inflation, fueled expectations of potential rate cuts by the Federal Reserve. Market predictions, influenced by the CME FedWatch Tool, now foresee a higher likelihood of a rate cut by June, contributing to the bullish momentum in gold prices amidst a broader analysis of economic indicators such as Initial Jobless Claims and Pending Home Sales.

Chart XAU/USD by TradingView

On Thursday, XAU/USD moved higher to reach the upper band of the Bollinger Bands. Currently, the price is moving just below the upper band, suggesting a potential higher movement to reach above the upper band and reach the resistance level. The Relative Strength Index (RSI) stands at 63, signaling a bullish outlook for this pair.

Resistance: $2,056, $2,065

Support: $2,039, $2,030

Economic Data

Dear Client,

As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend.

Maintenance Hours :
Saturday, 2nd March 2024, 02:00 (GMT+2) – Sunday, 3rd March 2024, 24:00 (GMT+2)

Please note that the following aspects might be affected during the maintenance:

1. The price quote and trading management will be temporarily disabled during the maintenance. You will not be able to open new positions, close open positions, or make any adjustments to the trades.

2. There might be a gap between the original price and the price after maintenance. The gaps between Pending Orders, Stop Loss and Take Profit will be filled at the market price once the maintenance is completed. If you don’t want to hold any open positions during the maintenance, it is suggested to close the position in advance.

3. Following the maintenance, it is important to note that the minimum supported version of MT5 will be 4047. Please ensure that your MT5 version is above 4047 to maintain smooth operation. The latest version of MT5 can be downloaded from our official website by navigating to “Trading” → “MetaTrader 5”.

4. The MT4 server remains unaffected by this maintenance and will continue to facilitate transactions without interruption. Please refer to MT5 for the latest update on the completion and market opening time. Our services will be back online once the maintenance is completed.

Thank you for your patience and understanding about this important initiative.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com

Dear Client,

New contracts will automatically be rolled over as follows:

Please note:

• The rollover will be automatic, and any existing open positions will remain open.

• Positions that are open on the expiration date will be adjusted via a rollover charge or credit to reflect the price difference between the expiring and new contracts.

• To avoid CFD rollovers, clients can choose to close any open CFD positions prior to the expiration date.

• Please ensure that all take-profit and stop-loss settings are adjusted before the rollover occurs.

• All internal transfers for accounts under the same name will be prohibited during the first and last 30 minutes of the trading hours on the rollover dates.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

Dear Client,

Affected by international holidays, the trading hours of some VT Markets products will be adjusted. Please check the following link for the remaining affected products:

Notification of Trading Adjustment in Holiday

Note: The dash sign (-) indicates normal trading hours.

Friendly Reminder:
1. The above data is for reference only, please refer to the MT4/MT5 software for specific data.
2. VT Markets’ MT4/MT5 server time is scheduled to be adjusted from GMT+2 to GMT+3 on 10th March, in alignment with the upcoming daylight saving time. We kindly advise all clients to be aware of the forthcoming announcements for further details regarding specific adjustments.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

Dear Client,

Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.

Please refer to the table below for more details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.