News Trading Policy This policy applies specifically to evaluations, custom evaluation accounts and it applies only in the Funded phase of your challenge,
Custom challenge account need o be created with the news trading add-on included in order to not be flagged for news trading during the challenge phase too.
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
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 (we also consider 2 minutes of news duration for a total of 6 minutes, 2 before and 4 after the release of the data)
This policy aims to manage risk and reduce exposure to extreme volatility.
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.