The Trading Pit has announced an important update regarding its trading policies. Effective March 20, 2025, the company will automate certain trading rules to promote a fair and transparent trading environment for all its clients. These changes will primarily affect CFDs Prime and Futures Classic products.
The Trading Pit New Trading Policies Update with Automation
One of the important updates includes the automation of the Major News Trading Rule. To mitigate the risks associated with high volatility during major news events, The Trading Pit will implement a system that automatically closes any new positions opened within a 2-minute window before or after a major news release. However, pending orders that were placed before the news and are filled during the event will still be allowed. Additionally, positions opened prior to the news release will not be affected and can be closed during the event without restriction.
The Trading Pit’s decision to automate this rule ensures traders have protection from the heightened volatility often experienced during major news events, reducing the risk of substantial losses. This rule will apply exclusively to CFDs Prime and Futures Classic products.
Another key change applies to Hedging Between Client Trading Accounts, specifically for CFDs Prime products. To comply with internal policies and maintain fairness, the firm will introduce an automated system that detects and closes any hedged positions across different trading accounts under the same client’s name. For example, if a trader opens a buy position on EUR/USD in one account and simultaneously opens a sell position in another account for the same product, the system will recognize this as hedging and automatically close both positions.
These automated changes will help maintain a structured and secure trading environment while reducing unfair trading practices. The Trading Pit encourages its clients to familiarize themselves with the updated rules before they take effect on March 20, 2025.
About the Firm
The Trading Pit has the goal of being the new global standard in trading and investing. They equip traders with the knowledge and tools necessary to become successful partners of the firm. Their belief is that partnering with traders is the only way to move forward and grow together during the process.
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