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On this page
  • Market Times
  • Gaps
  • Reduced Leverage/Increased Spread
  • How LeverageX Calculates Prices

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  1. Products
  2. LeverageX
  3. Assets

Commodities

Market Times

Commodities markets do not operate continuously and are open according to specific hours, typically referenced in GMT (Greenwich Mean Time).

Day of the week
Market Open / Close

Monday

Open apart from 9 PM - 10 PM (DST) or 10 PM - 11 PM (non-DST)

Tuesday

Open apart from 9 PM - 10 PM (DST) or 10 PM - 11 PM (non-DST)

Wednesday

Open apart from 9 PM - 10 PM (DST) or 10 PM - 11 PM (non-DST)

Thursday

Open apart from 9 PM - 10 PM (DST) or 10 PM - 11 PM (non-DST)

Friday

Open until 9 PM (DST) or 10 PM (DST)

Saturday

Closed all day

Sunday

Open from 10 PM (DST) or 11 PM (DST)

Additionally, there are the following holidays where market are closed:

January 1, 2025 – New Year’s Day January 20, 2025 – Martin Luther King Jr. Day February 17, 2025 – Presidents’ Day April 18, 2025 – Good Friday May 26, 2025 – Memorial Day June 19, 2025 – Juneteenth National Independence Day July 4, 2025 – Independence Day September 1, 2025 – Labor Day November 27, 2025 – Thanksgiving Day December 25, 2025 – Christmas Day

Gaps

The price of commodities can change while the market is closed, leading to gaps when the market reopens at a different price than its previous close. This can significantly affect your trades:

  • Risk of Liquidation: A gap in the opposite direction of your position can lead to liquidation.

  • Potential Gains: Gaps can also work to your advantage, potentially leading to higher-than-expected profits.

Due to this, LeverageX cannot guarantee stop losses for commodities, and caution is advised when keeping positions open during market closures.

Reduced Leverage/Increased Spread

During specific conditions, LeverageX adjusts leverage and spread settings temporarily:

  • Major USD News Events: From 1 hour before to 10 minutes after the event.

  • Market Closures: Starting 30 minutes before the market closes.

How LeverageX Calculates Prices

Last updated 1 month ago

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LeverageX utilizes data from to determine the price of all commodities pairs. Pyth.network is a decentralized oracle network that aggregates high-fidelity market data from over 70 leading financial institutions, including exchanges, market makers, and proprietary trading firms. By leveraging Pyth.network, LeverageX ensures accurate, real-time pricing, providing traders with a reliable and transparent trading experience.

Pyth.network