News Trading Policy
This policy applies specifically to evaluations, custom evaluation accounts and it applies on all accounts phases (challenge and Funded)
Prohibited Activities
•Straddles/Strangles: Employing strategies like straddles/strangles to exploit volatility during news releases is not allowed.
•Disguised News-Based Trades: Masking news-based trades as regular strategies is prohibited.
Trading Rules
1.For Major (Tier 1) News Events:
•All trades must be closed at least 2 minutes before the news release.
•Trades can only be reopened no sooner than 2 minutes afterward the news have ended (also we consider 2 minutes of news duration)
•This policy aims to manage risk and reduce exposure to extreme volatility.
2.For Lower-Impact (Non-Tier 1) News Events:
•If a trade is already open, it does not need to be closed.
•However, initiating new trades just before, during, or immediately after these news events is discouraged, in line with our Standard Trading Protocols, to avoid sudden market movements.
Instant Futures Accounts
•News trading restrictions also apply to Instant Futures Accounts, the restrictions can be removed in the istant custom accounts.
Tier 1 News to Monitor
For All Traders:
•FOMC Meetings
•FOMC Minutes
•Employment Reports
•CPI
For Energy Traders:
•EIA (Energy Information Administration) Reports
For Agricultural Traders:
•Key Agricultural Reports
Adhering to this policy ensures compliance with trading protocols while helping mitigate the risks associated with high-impact news events.